The war in Iran has shaken up financial markets. See the impact of the conflict, in five charts [Globe and Mail, The (Toronto, Canada)]
Exxon Mobil Corporation (XOM)
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Source: Globe and Mail, The
The price of a barrel of Brent crude oil is above $100 for the first time since the summer of 2022 and gasoline prices have soared. That followed an extended period where the price of oil largely stayed between $60 and $70. The biggest concern for global stock markets early in 2026 was artificial intelligence — whether some companies were spending too much on it and whether others would be rendered obsolete by the technology. Now, investors' attention is squarely on how long the Iran war will last, how much inflation could jump and what that could mean for the economy. Dramatic intraday swings in indexes like the S&P 500 have been common. The uncertainty brought on by the war complicates interest-rate decisions for the Federal Reserve , which has kept rates steady this year after reducing them three times at the end of last year. Cutting rates further would help the economy, but it could also put upward pressure on inflation. Keeping them high would help fight inflation, but also
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- 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