Exxon on Sale for a Limited Time

Monday, June 27, 2011

The announcement that the Strategic Petroleum Reserve will be used to offset Libya’s reduced output and limit the expected oil price rise this summer hit oil stocks last week. This reaction appears overblown, meaning the stock price drops could be a short-lived buying opportunity.

This article is posted on SeekingAlpha.com

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John Tobey on Seeking Alpha

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