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CLZNF - Greenwashing? Exxon Mobil's Biofuels Moonshots Are Anything But
Clariant Ag Nam Akt
Oil and gas giant Exxon Mobil (XOM) has been the subject of much bearish sentiment in the market as the price of crude has collapsed. The company's share price has fallen by as much as 55% in 2020 to date, and it remains down by 35% for the year even following a recent rally (see figure). The company has been beset by the combination of a refined fuels demand disruption as the global economy has largely been locked down due to the COVID-19 pandemic, and an oversupply situation in the wake of March's