Business
Exxon Stock Increases Price. Oil is going down. Something Gotta Cho.
exxon
Mobil (XOM), due to a disconnect between the stock market and the oil market.
Shares of the No. 1 US energy company are up 86% this year to $113, while oil prices, as measured by West Texas Middle, have fallen to $77 a barrel after falling from highs. The most in June is more than $120.