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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.
Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production growth plans—even as profits decline and oil ...
HOUSTON (Reuters) -The International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over ...
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 ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
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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 ...
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