Xom stock price forecast macro trends such as U

Macro trends such as U.S. GDP growth above expectations and consistent rig count reductions globally add positive bias to the "XOM stock price forecast", particularly for the second half of Last October, Starbucks increased its dividend for the 14th consecutive year. But instead of disrupting the global coffee and tea industry, Starbucks is now being disrupted by value options from fast food giants, fast-growing companies like Dutch Bros , and local or regional competitors. For starters, the OPEC+ nations have announced they will stick with their production cuts, which could become significant as the United States enters a period of seasonal refinery demand. Add to that, a recent surprise shortfall in U.S. crude inventory raised the risk premium if there is a supply disruption. Seasonal crude consumption patterns in the summer driving season often affect the "XOM stock price forecast", with stronger refinery throughput possibly supporting Q3 earnings beats.