Exxon Mobil stock price climbs as Gulf Coast freeze tightens oil; BYD tie-up, CCS launch add focus
Exxon Mobil began shutting units at its Baytown, Texas complex due to freezing Gulf Coast weather. Shares rose 1.1% to $136.32 as oil prices climbed. Traders are watching for Exxon’s Jan. 30 earnings and OPEC+ supply talks this weekend. The company also launched commercial carbon capture operations in Louisiana.
