ExxonMobil CEO Warns Oil Supply Disruptions to Keep Prices Elevated Through 2027

On May 23, 2026, The Motley Fool reported ExxonMobil CEO Darren Woods' warning that Middle East conflict-related supply disruptions will likely sustain tight oil markets and elevated prices through 2027. The outlook favors U.S. upstream producers Devon Energy and Diamondback Energy, which offer leveraged exposure to higher West Texas Intermediate prices without direct geopolitical risk. Devon projects free cash flow yields of approximately 15% at $90 WTI, 18% at $100, and 21% at $110, while Diamondback anticipates around 15% at $90 WTI. The article notes that a 22% oil price rise can boost Devon's FCF yield by roughly 40%. Investors are advised to monitor positions as energy prices are expected to decline eventually.