Negative
Zacks Investment Research
2 days ago
Should Investors Worry About ExxonMobil if Oil Prices Slip in 2026?
According to data from OilPrice.com, the price of West Texas Intermediate (WTI) crude is trading above $65 per barrel, which is favorable for the upstream operations of Exxon Mobil Corporation XOM. However, the U.S. Energy Information Administration (“EIA”) projects the spot average WTI price for 2026 at $53.42 per barrel, lower than $65.40 for 2025, owing to rising oil inventories.