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Oil Prices, Exxon Mobil Surge After Attack on Israel. What’s Next for Energy Stocks.

Por: MarketWatch Business October 09, 2023

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The recent drop in prices was largely driven by concerns over demand as rising bond yields over economic growth. However, the surprise attack by Hamas on Israel launched on Saturday will likely focus attention on potential disruption to oil supplies.   U.S.-listed energy stocks were set for a positive open. Among producers, (ticker: XOM) was up 2.9% in premarket trading, (CVX) was up 2.4%, (COP) gained 2.8%, (OXY) was up 3.2% and (MRO) rose... + full article



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