Exxon Mobil shares fall 3.46% to $141.77 as oil declines on Iran deal expectations

Exxon Mobil shares fell 3.46% to $141.77 in a single session, with the stock breaking below its 20-, 50- and 100-day moving averages. The decline was attributed to a pullback in oil prices. The drop in crude was linked to rising expectations that Iranian oil exports could resume if an Iran nuclear deal is reached, weighing on the company’s upstream profit outlook.