XOM is trading 2.4% up at $156.40 as energy shares gain support from rising oil prices and a broader market rotation toward defensive sectors.

  • West Texas Intermediate (WTI) crude has surpassed $104 per barrel, providing a significant tailwind for the energy sector.
  • The stock's gains come amid broader market weakness, with investors favoring defensive plays over riskier assets.
  • There are no company-specific catalysts reported; the move is primarily driven by macro factors and sector-wide strength.