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Exxon Stock Is Up. Oil Is Down. Something’s Gotta Give.

by Trades Academy
November 26, 2022
in Articles
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It could possibly be time to promote

Exxon


Mobil (XOM), given a disconnect between the inventory and the oil markets.

The shares of the No. 1 U.S. vitality firm are up 86% this 12 months to $113, whereas oil costs, as measured by West Texas Intermediate, have round-tripped to $77 a barrel after declining from a June excessive of greater than $120.



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Tags: ExxonGiveGottaOilSomethingsStock

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