Seeking Alpha
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An interesting thing has happened as the price of crude oil has fallen off significantly in recent months: shares of Exxon (XOM) continue to make new highs.

As the chart below shows, the two have tracked each other pretty significantly throughout oil's run-up, but recently, the two have diverged.

click to enlarge
oil xom

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    So, what next for XOM?
    2006 Nov 30 07:49 PM | Link | Reply