XOM · News · 20260909N

Oil Price & Supply Risk

ExxonMobil Holdings Corp · 2026-09-09 · Importance 20 · Surprise 24

WTI crude was reported as approaching $100 per barrel because of geopolitical tensions. The U.S. Energy Information Administration forecast higher WTI prices and increased Permian crude production for the year. Higher prices could support ExxonMobil’s upstream operations in the Permian Basin, although the article primarily describes broader commodity and geopolitical conditions rather than a new company-specific commitment.

Key facts

• As WTI crude approaches $100 per barrel due to geopolitical tensions, ExxonMobil is highlighted as a Permian producer poised to benefit from higher prices and increased Permian crude oil production. source