SEC NEWS
Hormuz Fuel Export Bottleneck to Drive Oil Above $95
Hormuz fuel exports at 60% capacity; crude to hit $95/bbl in 1 week.
- Ticker
- XOM
Filing analysis
Slow recovery of Hormuz fuel exports keeps supply tight. Exxon Mobil (XOM) and Chevron (CVX) poised to gain $3-5 per share as crude rises.
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Source: Original SEC filing
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