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The Zhitong Finance App noticed that as U.S. crude oil futures fell below $80 per barrel, the energy sector declined as a whole, while Bank of America downgraded the stock rating of ExxonMobil (XOM.US) from “buy” to “neutral,” and set the target price at $158.

Zhitongcaijing·07/29/2026 06:49:03
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The Zhitong Finance App noticed that as U.S. crude oil futures fell below $80 per barrel, the energy sector declined as a whole, while Bank of America downgraded the stock rating of ExxonMobil (XOM.US) from “buy” to “neutral,” and set the target price at $158.