Exxon Mobil Mock Interview
Practice 30 Exxon Mobil interview questions covering technical competency, safety protocols, and operational excellence.
Question 13 of 30
How are crude oil prices determined?
How to Answer
Example Answer
Community Answers
Show the interviewer that you have a solid understanding of pricing in the oil and gas industry. Although you are likely not an oil trader, you should still have a good idea of how pricing works when it comes to crude oil, gasoline, and more. Of course, supply and demand is a factor but try to dig a bit deeper when you respond.
"I understand that market conditions, as well as supply and demand, are critical factors when it comes to pricing crude oil. Other important factors include consumer habits, terrorist activities and other global threats, environmental issues, and also the grade of the crude itself."
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