Why 3 Energy CEOs Say Brent Crude Oil Price Could Hit $150 in Weeks

Brent crude (BRENT) price is trading near $94 after rebounding off the lower edge of a rising channel, defying a roughly 20% drop that traders pinned on Iran ceasefire hopes.

The bounce lands exactly as three of the world’s top oil executives warn that the physical market is days away from a supply squeeze that could send Brent toward $150.

Crude Holds Its Channel as Inventories Drain

Brent fell…