As Exxon prepares to buy Pioneer for $59.5 billion, Darren Woods, CEO of Exxon Mobil (XOM), and Scott Sheffield, CEO of Pioneer Natural Resources (PXD), discuss the potential impact of the war between Israel and Hamas on oil prices. They anticipate a move to between $80 and $100, depending on Iran's involvement in the war, and increased volatility as a consequence of general under-investment in the industry.  
(MT Newswires) 

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