Business

Exxon Stock Increases Price. Oil is going down. Something Gotta Cho.


Maybe it’s time to sell

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.

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