Exxon Mobil (XOM) and Chevron (CVX) Shares Dip as Oil Prices Fal
Shares of Exxon Mobil (XOM) and Chevron (CVX) declined in early U.S. stock market trading as Brent crude oil prices fell below $65 per barrel. This dip in oil prices, approximately 3%, was attributed to comments from U.S. President Trump, which eased concerns about potential U.S. military action against Iran. Trump indicated a "wait-and-see" approach and mentioned receiving "very positive statements" from Iran despite not ruling out military action.
https://www.gurufocus.com/news/4113200/exxon-mobil-xom-and-chevron-cvx-shares-dip-as-oil-prices-fall