Exxon Mobil on Friday posted mixed fourth-quarter results that showed weakness in its refining and chemicals business, though ...
The Exxon Mobil-controlled Canadian energy company on Friday posted a decline in net income to 1.23 billion Canadian dollars ($848.7 million), or C$2.37 a share, down from C$1.37 billion, or C$2.47 a ...
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Lower corporate costs also enabled the company to beat profit estimates, said RBC Capital Markets analyst Biraj Borkhataria.
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...
Chevron's downstream business lost $248 million in the fourth quarter of 2024, compared with a profit of $1.15 billion in the ...
Exxon Mobil reported fourth-quarter earnings that beat analysts’ expectations, but the stock fell 0.7% in early trading.
Oil futures ticked lower Friday and were on track for weekly losses as traders awaited a decision by President Donald Trump on tariffs on imports from Canada and Mexico. Annual profits fell, but the ...
Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...
U.S. President Donald Trump has set a Saturday deadline for imposing 25% tariffs on imports from Mexico and Canada unless the ...
U.S. crude oil production fell by 122,000 barrels per day (bpd) in November to 13.314 million bpd, down from a monthly record ...
Chevron reported lower-than-expected fourth-quarter earnings due to a loss in its refining division, despite strong upstream ...