The Story
News Summary
- U.S.
- and Iran signed an interim agreement waiving oil sanctions and reopening the Strait of Hormuz, causing crude oil prices to plunge.
- Consequently, energy stocks like ExxonMobil (XOM) fell as the geopolitical war premium dissipated, shifting the oil market outlook toward a potential surplus.
Explore XOM price history & advisor snapshot
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Stored market data
XOM price history
165.99
+46.00% over the displayed period
Advisor Snapshot
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