Exxon Mobil Shares Over $90 For The First Time Since July

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Exxon Mobil Corporation XOM shares are trading higher by $2.23 at $91.23 in Monday's session. It's responding to higher Crude Oil prices that came about as the result of OPEC reinforcing its commitment to limit supply.

Its sharply higher opening trade ($90.14) has turned out to be the low for session. The rally has continued into the $91.00 handle as $91.29 stands as the current intra-day high as of 11:15 a.m. ET.

If the rally continues, there may be only minor resistance points until the pair of highs from July 27 ($91.81) and July 26 ($92.03). The issue has not closed above $91.00 since the latter date, when it ended that session at $91.53.

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