Exxon stock price climbed to $112

Exxon stock price climbed to $112.10 after U.S. rig counts fell, hinting at potential tightening supply in coming months. Commodity desk strategists see this as bullish for integrated oil margins. Exxon did not immediately respond to Benzinga’s request for comment. ExxonMobil Earnings: Growing Production and Cost Reductions Help Mitigate Lower Commodity Prices Exxon stock price dipped to $110.95 amid mixed macro sentiment, but strong buy-side volume suggests institutional accumulation into weakness. This behavior often precedes multi-week rallies.