President Donald Trump has vowed to lower oil prices and unleash a fossil fuel frenzy during his second term, but he likely has very little room to bring crude prices down further. That's because ...

HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street's profit estimate with higher ...

Global oil demand lagged expectations in 2024, pushing down crude and fuel prices and impacting the industry. Exxon competitors Chevron (CVX.N) and Shell’s (SHEL.L), earnings this week were ...

(Bloomberg) — Big Oil was once the antithesis of the asset-light, hyper-growth world of Silicon Valley. Now it’s looking to Big Tech to stay relevant. Exxon Mobil Corp., Chevron Corp. and Shell Plc’s ...

Exxon Mobil missed Q4 2024 estimates with EPS of $1.67 vs $1.77 forecast and revenue of $83.43B vs $85.35B expected Stock price dropped 2.5% post-earnings, closing at $106.96 in aftermarket ...

--Brent crude oil is down 0.4% to $75.57 a barrel. --European benchmark gas is up 0.8% to EUR53.65 a megawatt-hour. --Gold futures are flat on $2,844.50 a troy ounce. --LME three-month copper ...

Exxon Mobil exceeded Wall Street’s expectations for fourth-quarter profit, reporting $7.39 billion in earnings. The company’s profit per share came in at $1.67, surpassing analyst estimates of $1.56, ...

Profits for Exxon Mobil Corp. and Chevron Corp were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.

Commissions do not affect our editors' opinions or evaluations. Though the Exxon Mobil Smart Card+™* earns a decent 12¢/gal in instant savings on every gallon of Synergy Supreme+™ premium ...

Shares of the No. 1 U.S. oil producer declined 1.7% to $107.72 in afternoon trading, which was in line with a drop in the broader S&P 500 Energy Sector index. Exxon's adjusted profit for the ...

HOUSTON (Reuters) -Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though it beat Wall Street's profit estimate with higher oil ...

Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending.