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ExxonMobil shares surge over 5% in US pre-market trade
ExxonMobil stock climbed over 5% in pre-market US trading after signals of possible access to Venezuelan oil reserves bolstered energy sector sentiment.
ExxonMobil shares jumped more than 5% in pre-market trading on the NYSE after former US President Donald Trump signalled potential access to Venezuela’s oil reserves. The energy sector led gains amid optimism over expanded crude supply prospects, with broader market sentiment supported by expectations of improved global oil flows even as geopolitical uncertainty persists in the region.