The Story
News Summary
- Geopolitical tensions are driving oil prices higher, benefiting energy stocks, particularly Permian Basin producers.
- Both WTI and Brent crude are expected to remain elevated through the year.
- ExxonMobil (XOM) is well-positioned to capitalize on this environment due to its strong Permian footprint and recent acquisitions.
Explore BRENT price history & advisor snapshot
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Stored market data
BRENT price history
104.61
+64.07% over the displayed period
Advisor Snapshot
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