Exxon stock scales fresh high as Woods presses Venezuela protections

1 min read
Source: MarketWatch
Exxon stock scales fresh high as Woods presses Venezuela protections
Photo: MarketWatch
TL;DR Summary

Exxon Mobil’s stock rose about 2% to around $126.54, hitting a fresh high as investors reward the company’s steady profits and global footprint, including Guyana, despite President Trump’s threats to cut Exxon out of Venezuelan oil deals. CEO Darren Woods urged durable protections and contractual guarantees in Venezuela, while near-term crude prices hover in the mid‑$60s, helping fuel the rally.

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