There was good news for Chevron (CVX) and Exxon (XOM) this week, as traders reversed the broad sell-off that hit oil stocks in general. Monday's broad sell-off reflected some nervousness in the energy market, but for these two, the condition faded as trading went on. I remain bullish on energy stocks in general for a variety of reasons, though in this case, I prefer Chevron to Exxon. Chevron's stock has enjoyed a very tight price range for the last several months. It's been between $90 and $110 per share since mid-February. Much of that time it's seldom strayed more than $5 per share from $100.
https://www.tipranks.com/news/article/chevron-exxon-stage-rebounds-following-oil-stock-sell-off?utm_source=advfn.com&utm_medium=referral
Exxon Mobil (NYSE:XOM)
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