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Exxon Mobil Weighs EU Methane Rules Against Strong Share Price Momentum

Exxon Mobil Weighs EU Methane Rules Against Strong Share Price Momentum

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  • Exxon Mobil has raised concerns over the European Union’s new methane emissions regulations.

  • The company warns the rules could increase crude import costs and limit access to compliant barrels for European refiners.

  • Exxon supports methane reduction efforts but argues the EU framework may be too restrictive and difficult to meet.

For investors watching NYSE:XOM, this regulatory debate comes as the stock trades at $155.56, with returns of 5.4% over the past week and 25.4% over the past month. The shares show longer term gains as well, with a 26.8% return year to date and 49.9% over the past year, and a…

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