Why ExxonMobil Stock Was a Drag on the Market Today
What happened Friday wasn’t the ideal day to be in the oil business. The all-important price of crude tumbled, on the back of general economic worries and a U.S. government decision about its Strategic Petroleum Reserve (SPR). The performance of bellwether industry stock ExxonMobil (XOM 0.12%) reflected the situation; it closed the day essentially flat … Read more