Oil prices top $100 again as Iran supply risks continue [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
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Source: Yahoo! Finance
Recent price action has been driven by the same Iran conflict that has rattled energy markets for weeks, but the market's focus has shifted toward how long disruptions could last and how much physical supply could stay constrained. The Iran war has already triggered the biggest upward revision on record in its monthly oil-price poll, Reuters reported this week. Analysts now expect 2026 Brent to average $82.85, up sharply from $63.85 in February, while the same report said oil benchmarks have climbed about 60% since the conflict began on Feb. 28. Oil above $100 is becoming a longer-running story Front-month Brent traded at $104.63 in early April, while front-month WTI traded at $102.34. Brent finished March with a 64% gain, the biggest monthly increase since at least 1988, which shows how quickly traders have repriced supply risk. The market is reacting less to day-by-day fear and more to the possibility of a prolonged disruption through the Strait of Hormuz. That route norm
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News
- Exxon Mobil: How Things Have Changed [Seeking Alpha]Seeking Alpha
- U.S. oil has its biggest one-day price increase in six years, driving up the cost of gas [MSNBC.com]MSNBC.com
- Where Will Chevron (CVX) Stock Be in 3 Years? [Yahoo! Finance]Yahoo! Finance
- The Market Is Choppy. Here Are 5 Sectors Holding Up Better Than the Rest. [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Exxon Mobil (XOM) had its price target raised by Citigroup Inc. from $150.00 to $175.00. They now have a "neutral" rating on the stock.MarketBeat
XOM
Earnings
- 1/30/26 - Beat
XOM
Sec Filings
- 3/31/26 - Form 8-K
- 3/27/26 - Form 424B2
- 3/26/26 - Form SCHEDULE
- XOM's page on the SEC website