News

Oil Prices Are Inching Lower. How Exxon, Chevron and Other Stocks Are Impacted.
Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
Exxon Sees $1.5 Billion Earnings Hit From Lower Oil, Gas Prices
Exxon Mobil Corp. expects lower oil and gas prices to reduce the company’s earnings by about $1.5 billion as a volatile quarter for commodity prices weighs on second-quarter profits.
Exxon signals lower oil, gas prices could hit second-quarter profit
Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter's level.
ExxonMobil Warns Falling Fuel Prices Will Pull Down Earnings
Key Takeaways Exxon Mobil Corp. said lower oil and gas prices will impact current quarter profit by up to $1.9 billion.The energy giant expects the earnings impact of the price drop in liquids would be between $800 million and $1.
Exxon, Shell see financial hits from oil price swings
The Trump administration is touting low pump prices, but oil and gas companies encountered headwinds in the second quarter.
ExxonMobil expects $1.5bn hit to Q2 earnings from lower oil and gas prices
ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, as reported by Bloomberg. The energy giant indicated that oil prices have negatively impacted earnings by $1bn,
Exxon Mobil warns lower oil, gas prices could cut profit by over $1B
Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from the previous quarter’s level. The earnings snapshot from the largest US oil producer is closely watched for clues on how the broader oil sector will fare when companies begin releasing quarterly results in a few weeks.
Oil prices expected to drop below $60 on increasing OPEC+ supply
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
OilPrice.com19h
Energy Sector Faces 26% Earnings Drop as Q2 Season Begins
Wall Street slashed EPS forecasts for oil and gas firms by nearly 19%, with sector earnings now expected to fall 25.6% ...
Oil outlook: Oil stability under threat
Making a start with the data on the ground of the US oil market, we note that last Thursday, Baker Hughes reported a ...
How have prices changed under Trump? Experts explain.
Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the ...
Oil prices drop sharply, and Wall Street nears its record as stocks rally worldwide
Oil prices are dropping further, and U.S. stocks are pulling closer to their all-time high on hopes that Israel’s war with Iran will not damage the global flow of crude ...
The Hill1y
Oil prices drop, set to bring some relief at pump - The Hill
Oil prices fell this week, and it is expected to result in relief at the pump for consumers. The price of U.S. crude oil has fallen significantly over the past several days, falling from as high ...
Hosted on MSN4mon
Oil prices drop as OPEC+ agrees to gradually hike output from April - MSN
The price of crude oil dropped around 0.8% on Tuesday, to about $67.8 per barrel, whereas Brent crude oil also fell 1.4% to around $70.6 per barrel. This was after the OPEC+ committee revealed ...
Washington Examiner3mon
Oil prices continue to drop, toeing $60 line - Washington Examiner
OIL PRICES DROP TO LOWEST LEVELS IN THREE YEARS “While different companies have different sensitivity to the above factors, activity and production will be threatened the most,” he said.
Crude Oil Prices10y
Ten Reasons Why A Sustained Drop In Oil Prices Could Be Catastrophic
Issue 9. A major drop in oil prices tends to lead to deflation, and because of this, difficulty in repaying debts. If oil prices rise, so do food prices, and the price of making most goods ...
Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
Washington Examiner10mon
Oil prices drop to lowest in nearly three years just weeks before election
The cost of oil has fluctuated in recent years, even hitting $71.84 in mid-June of 2023. But prices have not been this low since oil was $69.88 in early December of 2021.. One factor pulling ...