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Jim Cramer Says Oil Sell-Off Is Green Light For New Bull Market Even As Exxon Mobil, ConocoPhillips Shares Slide - Exxon Mobil (NYSE:XOM)
Benzinga· 2026-03-05 13:42
CNBC's Jim Cramer suggested on Wednesday that the recent decline in major energy stocks despite Middle East tensions is a definitive signal that the “geopolitical risk” in crude has peaked, clearing the path for a massive stock market rally.The Predictive Power Of Crude“The oil market always seems to know everything,” Cramer stated, drawing a direct parallel to the 1991 Gulf War. He noted that during that era, oil prices plummeted the moment shooting started, contrary to expert predictions. “I'm starting to ...