A Surprising Oil Major Pick

I’m sure it drives my editors here mad, but I usually write my piece here on Friday morning, just before it goes out to you, the reader. To be honest, that is in part due to the usual tendency of a writer towards procrastination, but it also enables what I write to be up to date and relevant when you read it. This morning, my late delivery is paying dividends as it enables me to give a “hot take” on two big oil earnings reports. Both Chevron (CVX) and Exxon Mobil (XOM) released Q3 results this morning. When looked at on a historical…