Exxon Mobil Stock Climbs Amid Historic Oil Market Shock

Exxon Mobil stock is at critical resistance. Why are XOM shares at highs?Brent Crude Surge And Strait Of Hormuz Risks Lift Exxon Mobil StockBrent crude has jumped 49% in March, its strongest monthly gain since November 1973, while New York Harbor ultra-low sulfur diesel futures have soared 61%, the largest monthly increase ever recorded for the contract. Gasoline futures are up 38% month to date, their biggest monthly rise since March 1999.For Exxon, the rally reflects investor expectations that elevated cr ...