- Exxon Mobil Gains 1.1%; Makes Progress Resolving Dispute with Nigeria
May 25, 2011
Exxon Mobil (XOM) shares are higher on a Reuters report that the oil major and the Nigerian government are moving closer to resolving a dispute over oil licensing renewals.
The report said the renewals concern fields that produce over 500,000 barrels of oil per day.
Exxon shares are up 1.09%, or $0.87, to $82.15.
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