Warren Buffett-backed Occidental Petroleum and Buffett's Berkshire Hathaway Energy announced a joint venture on Tuesday to extract lithium from geothermal electricity production. OXY shares angled higher early Wednesday.
In the closing of the recent trading day, Exxon Mobil (XOM) stood at $112.67, denoting a -1.56% change from the preceding trading day.
The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated cuts.