- Bloomberg
Exxon Backs EV Demand Growth to Turn Its Lithium Bet Into a Win
(Bloomberg) -- Exxon Mobil Corp. said lithium demand will grow despite a years-long slump in prices, a scenario that would help its traditional oil business co-exist with a foray into producing the battery material that’s key for electric vehicles.Most Read from BloombergYouTuber Dr Disrespect Was Allegedly Kicked Off Twitch for Messaging MinorNvidia Rout Takes Breather as Traders Scour Charts for SupportTrump Could Actually Lose Florida. Here’s Why.Rivian Gets $5 Billion Lifeline in Joint Ventu
- Zacks
Exxon Mobil (XOM) Outpaces Stock Market Gains: What You Should Know
The latest trading day saw Exxon Mobil (XOM) settling at $114.35, representing a +0.26% change from its previous close.
- Reuters
ExxonMobil says French refinery may be suspended if strike continues
ExxonMobil may need to suspend production at its Gravenchon refinery in northern France if striking workers continue to block access to the site, the oil major said on Tuesday. The refinery accounts for about 20% of France's refining capacity, the company's website showed. Blockades since Friday have prevented deliveries of goods and materials needed to maintain refinery operations, it said in an emailed statement.
