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Exxon, Chevron see profits decline as Trump’s trade war begins
Exxon Mobil CEO Darren Woods warned investors Friday that tough times could be ahead for the oil and gas industry. Woods said that uncertainty sparked by President Donald Trump’s tariff announcements — followed soon after by an OPEC+ decision to increase production — is weighing down oil prices and raising the specter of slower economic growth.
Chevron Corp. will reduce share buybacks this quarter after oil prices tumbled, indicating that President Donald Trump’s ...
HOUSTON (Reuters) -The International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over ...
Puerto Rico withdrew its $1 billion climate lawsuit against the oil and gas industry on Friday following the Trump ...
Exxon Mobil Corp. and Chevron Corp. are likely to shoulder more of the Permian Basin’s oil growth as independent producers ...
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Arbitration on Exxon and Chevron dispute over Hess acquisition scheduled for 26 MayThe impending arbitration between Exxon and Chevron over the latter's proposed $53bn acquisition of Hess is set to take place ...
Exxon (XOM) and Chevron (CVX) posted earnings beats on Friday, but low oil prices (CL=F, BZ=F) weigh on the industry. The ...
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Chevron also reported its lowest first-quarter profits in years, with per-share adjusted profit falling to $2.18 per share on ...
Shell is the only major oil and gas giant whose stock is up in 2025. With a $200 billion market cap, making it the third ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
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