XOM Stock Recent News

XOM lifts Cepu Block output to 180,000 bpd, reinforcing its role in boosting Indonesia's oil production goals.

Given escalating tensions in the Middle East and related uncertainty, investors may want to think about adding some exposure to energy stocks. Although the sector hasn't exactly crushed it in recent years, and talks of a ceasefire between Israel and Iran have kept oil prices down (as of June 24), the region is erratic, and there are plenty of scenarios that could lead to higher oil prices.

Next week brings the start of July, and with it another holiday.

It's Fed Chair Jerome Powell who's top of mind for markets now, rather than events in the Middle East.

Exxon Mobil Corporation (NYSE:XOM ) JP Morgan Energy, Power, Renewables & Mining Conference June 24, 2025 8:35 AM ET Company Participants Jack P. Williams - Senior Vice President Conference Call Participants John Macalister Royall - JPMorgan Chase & Co, Research Division John Macalister Royall All right.

President Donald Trump cleared China to purchase Iranian oil on Tuesday, eliminating longstanding sanctions limiting the trade relationship. Trump announced the move in a social media post while flying to Europe on Air Force One, adding that he hopes China will also purchase "plenty" of oil from the U.S. "China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also. It was my Great Honor to make this happen!" Trump wrote. Oil prices continued to drop and markets surged Tuesday as Trump battered Iran and Israel into accepting a precarious ceasefire agreement. The agreement has curbed concerns that Iran would shut down the Strait of Hormuz, a key trade route for shipping oil across the globe. EXXONMOBIL CEO TALKS OIL SUPPLY AMID IRAN-ISRAEL CONFLICT Crude hit $65 per barrel in extended trading after West Texas Intermediate crude futures fell more than 8% to about $67 per barrel on Monday afternoon. Brent crude, the international benchmar

XOM launches 10 major energy projects in 2025, aiming to boost earnings by over $3B and thrive in volatile markets.

It's always good for investors to research new stocks and do further analysis on some stocks that they already know.

When companies deploy artificial intelligence (AI) to streamline operations, the results can be staggering. Microsoft (MSFT 1.88%) is using AI-powered code-completion tools to help developers write code 55% faster.

In the closing of the recent trading day, Exxon Mobil (XOM) stood at $111.74, denoting a -2.58% move from the preceding trading day.