27.06.2016 - Price of Exxon Mobil may fall in the near future

The price of Exxon Mobil showed a sharp decline after could not overcome the level of 90 dollars per share and to gain a foothold above it. The reason for the fall was the decrease in price of oil after were published results of the referendum on the UK's membership in the EU. As a result of UK leaving economic block the growth will slow in the region and the demand for oil will grow correspondingly at slower rate. According to our estimates fall in the share price in the near future may reach 7-10%.

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