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Exxon Mobil Newsroom
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Suspense heightened! OPEC officially announced the postponement of an important meeting, intensifying the battle between production cuts and increases.
The analysis pointed out that although the two meetings of OPEC+ were held online, their importance is very high, as they relate to the organization's oil production plans for the next year, which will have a huge impact on international oil prices and the revenues of member countries.
Why Exxon Mobil Corporation (XOM) Stock Is a Buy for the Next 3 Months?
A US judge ruled that Exxon Mobil (XOM.US) 's shutdown of the refinery in Texas was lawful.
The judge supported exxon mobil in the ruling on November 21st.
Struggling to move forward? After changing to an online meeting, the OPEC+ meeting has been postponed.
Representatives claim that the official reason for the postponed meeting is conflicting schedules of the ministers, do you believe it?
Trump's tariff plan angers many? US oil industry warns: rbob gasoline costs rise exacerbating consumer burden
① President-elect Trump of the usa threatens to impose a 25% tariff on products from Mexico and Canada, causing concerns in the oil rbob gasoline industry; ② U.S. refineries highly rely on crude oil imports. The American Petroleum Institute warns that tariffs will raise refining costs and gasoline prices, exacerbating consumer burden; ③ Analysts believe the likelihood of Trump implementing the tariff plan is small.
The Trump economic team may have internal discord, and the key agenda still needs the "understanding king" to make the final decision!
Analysts state that the Trump team's characterization of the economic policy as 'the opponent team' is almost accurate, and the strong opposition between Besant and Lutnik has been publicly reported.
Oil Prices Steady Amid US Gasoline Stock Build And OPEC+ Uncertainty
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Exxon Lobbyist Target of FBI Probe Over Hack-and-leak of Environmentalist Emails - Reuters
Natural Gas Prices Tumble Ahead of Wintry Weather -- WSJ
Express News | Exclusive - Leaked Documents Later Cited by Exxon Mobil and Others in Court Filings
Express News | Exclusive - FBI Has Been Investigating Exxon Mobil Consultant Over Alleged Role in Hack-and-Leak Operation, Sources Say
UBS Group: Exxon Mobil (XOM.US) is the best petroleum stock, reducing carbon emissions will bring returns.
UBS Group analyst Josh Silverstein stated that Exxon Mobil (XOM.US)'s core oil production and refining business will continue to be a growth driver in the medium term, but in the long run, new businesses focusing on reducing carbon dioxide emissions will become the long-term growth engine, achieving profitability by the end of this century, making Exxon Mobil the best stock choice to hold in the next 5 years. UBS Group stated that Exxon Mobil is expected to reach a total potential market size of $6 trillion in low-carbon business by 2050, with long-term revenue potential reaching hundreds of billions of dollars. Expected ROI for Exxon Mobil investments is 15%, by
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OPEC+ faces a difficult decision: continue to cut production or face a sharp drop in oil prices?
According to forecasts, even if OPEC+ does not increase production next year, there will still be a large surplus in the oil market. If production cuts are maintained, some member countries may easily become discontented.
Exxon Mobil Price Target Lowered to $115 From $120 at RBC Capital
Express News | Caspian Pipeline Consortium: Exported Over 53 Mln T of Oil in Jan-Oct