U.S. oil prices reached a three-month high on Monday following a drone strike on a U.S. base at the Jordan-Syria border, allegedly carried out by an Iran-backed militia. The incident led to the death of U.S. service members. Concurrently, Exxon Mobil (XOM) and Chevron (CVX) were gearing up for their Q4 2023 earnings reports, influencing market dynamics. West Texas Intermediate (WTI) oil prices, after a 6% surge last week, fell below $78 per barrel on…
"Oil Hovers at Critical Level Amid Attack Reports and Anticipation of Major Oil Company Earnings"