ExxonMobil increases oil extraction

American oil company ExxonMobil, in the soonest future will increase oil extraction by 20%. The company plans to invest more than 20 billion dollars on oil exploration and launch five new projects. ExxonMobil decided to make a huge competition, by increasing extraction by 340 thousand barrels per day. Till the end of 2017 planned to be opened few projects in East parts of Russia and Canada.

From the beginning of the March, ExxonMobil stocks increased by 2,5% and continue to grow. Trading will be available during American session, from 14:40 to 21:00 GMT.

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