ExxonMobil Starts Oil Production in Canada

The US oil and gas company ExxonMobil has started oil production on the Hebron project in Canada. Herbon is an oil field discovered in 1980, which contains more than 700 million barrels of recoverable raw materials. This project is managed by the Canadian branch of ExxonMobil Canada Properties. The company expects that the maximum oil production on this project will be 150,000 barrels per day.

Over the past few days, ExxonMobil stocks have increased by 2.7% and will continue their active growth. This is an excellent opportunity for traders to open positions for earnings. Trade will be available during the American session, from 14:40 to 21:00 GMT.

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