Saudi’s More-Than-Expected Production Cut is Expected to Keep the Oil Market Balance
The 14 nation OPEC began its first round of oil supply cuts in December, as oil supplies plunged by 751,000 barrels per day to nearly 31.6 million bpd.
In early December OPEC members signed an agreement with Russia and nine other nations to keep 1.2 million barrels per day off the market starting in January. This move is to prevent another price-crushing oil glut as last experienced in 2014-2016.
Saudi Arabia tops the list of supply cuts. The kingdom's output plunged by 468,000 bpd to just over 10.5 million bpd last month. According to Saudi Energy Minister Khalid al Falih, the Saudis are planning another production cut in January to 10.2 million bpd.
This pullback in OPEC production was occasioned by supply disruptions in Libya and Iran. Output in Libya fell by 172,000 bpd to 928,000 bpd in December, while in Iran, production dropped by another 159,000 bpd to just under 2.8 million bpd. On the other hand, Iraq, OPEC's second largest producer, witnessed the biggest jump in production in the final month of the year as its output rose 88,000 bpd to just over 4.7 million bpd. At the current level, Baghdad would need to cut about 200,000 bpd in January to meet its quota under the supply cut agreement.
XOM's RSI Oscillator peaks and leaves overbought zone
The 10-day RSI Indicator for XOM moved out of overbought territory on November 12, 2025. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 43 instances where the indicator moved out of the overbought zone. In of the 43 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 69 cases where XOM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where XOM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
XOM broke above its upper Bollinger Band on November 10, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 07, 2025. You may want to consider a long position or call options on XOM as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for XOM just turned positive on November 07, 2025. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .
XOM moved above its 50-day moving average on October 17, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 367 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 297 cases where XOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 51, placing this stock better than average.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. XOM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.895) is normal, around the industry mean (1.275). P/E Ratio (17.017) is within average values for comparable stocks, (17.870). Projected Growth (PEG Ratio) (2.739) is also within normal values, averaging (1.833). Dividend Yield (0.034) settles around the average of (0.068) among similar stocks. P/S Ratio (1.568) is also within normal values, averaging (0.953).
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General Information
a distributer of crude oil, natural gas and petroleum products
Industry IntegratedOil
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