The price of ExxonMobil stock has fallen significantly in response to supply/demand fundamentals, but the U.S. giant’s CEO Darren Woods is still hopeful that his counter-cyclical investment strategy will pay off in the long run, Bloomberg commented on January 28.
Posted by Jennifer Delay Iacullo
Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.