Is Exxon (NYSE: XOM) Eyeing BP (NYSE: BP)?

Rumors that Exxon Mobil (NYSE: XOM) may have been interested in making a bid for BP (NYSE: BP) have surfaced earlier today. BP shares are down 1% hinting that investors are dispelling the rumor from the get go. Shares of Exxon are currently up 0.53% to $69.75.