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Benzinga
Benzinga
Business
Melanie Schaffer

Why Exxon Mobil Looks Set For New Highs As Crude Oil Soars

Exxon Exxon Mobil Exxon Mobil Corporation NYSE XOM

Exxon Mobil Corporation (NYSE:XOM) gapped up almost 3% higher on Thursday morning but immediately ran into a group of sellers, which dropped the stock down 1.6% at press time.

Brent crude oil prices jumped 8.99% to over $105 a barrel at 5 a.m. EST, after Russian troops began a full-scale invasion of Ukraine overnight.

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