The benchmark Brent crude oil is down 2.38% to $81.45 today at 5.37 a.m. EST continuing its slide over the past few weeks. A combination of global geopolitical tensions and weakening consumer demand continue to keep prices volatile. EU could bring in a new set of sanctions on Russia (including a price cap on Russian oil) as the country mobilizes reservists and a referendum begins in four Ukrainian territories held by Russia. U.S. natural gas is at $7.14 up 0.75% today but amid rising stockpiles, the price is now down ~28% over the past month.
https://www.tipranks.com/news/oil-trends-lower-while-russia-holds-referendum-in-ukrainian-regions?utm_source=advfn.com&utm_medium=referral
Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From Oct 2022 to Nov 2022 Click Here for more Exxon Mobil Charts.
Exxon Mobil (NYSE:XOM)
Historical Stock Chart
From Nov 2021 to Nov 2022 Click Here for more Exxon Mobil Charts.