ExxonMobil (NYSE:XOM) Corporation, the largest oil company in America, recently projected a $4 billion increase in its motor fuels and chemicals earnings by 2027 during a briefing...
Exxon Mobil Corp. (NYSE:XOM) is poised to benefit from a substantial 30% rise in oil prices in Q3, with futures for West Texas Intermediate (WTI) oil for November 2023 escalating...
In a research report published on Friday, JPMorgan analyst Christyan Malek upgraded the entire global energy sector to an overweight rating, warning that the recent surge in oil...
JPMorgan has recently upgraded its rating on global energy stocks from Neutral to Overweight, predicting a supply-demand gap after 2025 and improving sector fundamentals. The bank...
Despite a generally gloomy trading session for the broader stock market on Thursday, Valero Energy Corp. (NYSE:VLO) witnessed a 2.33% rise in its stock value, ending the day at...
Exxon Mobil (NYSE:XOM), the multinational oil and gas corporation, recently unveiled its long-term forecast for the global energy market, predicting a sustained demand for oil...
By Tim McLaughlin (Reuters) - NextEra Energy (NYSE:NEE)'s $5.4 billion retirement plan for employees has suffered about half a billion dollars in losses this year as outsized bets...
By Erwin Seba HOUSTON (Reuters) - Exxon Mobil Corp (NYSE:XOM) expects its motor fuels and chemicals earnings to reach $16 billion by 2027, up about $4 billion from current...
XOM $104.54 -1.83% @ Close! $4.9B offer to buy Denbury
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82 coming soon..
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86 coming soon.
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US may benefit from Saudi’s Production cuts. Along with Saudi OPEC+ may also cuts the production to curtail shorts by decreasing base Quantity. Their target might be $90 to $92. With less production
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Target 69.55
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Short 5 @ 70.26
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wrong chat. don't forget stop loss and target so when you find the right chat, they can assess risk/reward in your trade. Good fortune!
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Haha! Thanks! Yes after posting I realized where I was. Hope you're doing well in this casino :)
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I mentioned the opportunity to short XOM in yesterday's live broadcast. On one hand, XOM's own trend is very weak, and on the other hand, the price of oil is continuously falling, further suppressing it from the fundamental perspective. Today's strategy is to go short on the rise. A suitable entry position is around 104.6, with a stop loss at 105.7, and a profit target at 102.