ExxonMobil's Trading Volume Ranks 45th Amid Strategic Oil Reserve Exchange and Carbon Capture Initiative

Generado por agente de IAAinvest Volume Radar
lunes, 14 de julio de 2025, 6:35 pm ET1 min de lectura
XOM--

On July 14, 2025, ExxonMobil (XOM) experienced a decline of 1.31%, with a trading volume of 15.05 billion, ranking 45th in the day's stock market activity.

The U.S. Department of Energy has authorized an exchange from the Strategic Petroleum Reserve with ExxonMobil to address logistical challenges impacting crude oil deliveries to the company's Baton Rouge refinery. This action is aimed at maintaining a stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast.

Additionally, ExxonMobil is involved in a carbon capture and sequestration project with CF IndustriesCF-- Holdings, Inc. This initiative will enable the transportation and permanent geological sequestration of up to 2 million metric tons of CO2 annually, demonstrating the company's commitment to environmental sustainability and innovation in the energy sector.

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