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Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it. Exxon flags potential hit in profit just as OPEC and allies announce larger production increases. Oil futures ...
US tariffs and OPEC+’s unexpected 548,000 bpd August output hike are pressuring crude prices, with Brent at $69.37. Nikunj ...
The heavily sanctioned and militarily targeted producer of crude has missed its targets throughout much of 2025, Bloomberg ...
Oil reversed an early drop on Monday despite a larger-than-expected supply increase by OPEC+ for August that was announced at ...
Exxon Mobil Corp. late Monday warned investors that its second-quarter profit may take a hit of more than $1 billion from lower crude prices, and just under $1 billion from lower natural-gas prices.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...
Oil prices experienced a surge following Saudi Arabia's unexpected decision to increase prices for its primary crude grade ...
HOUSTON] Oil prices rose nearly 2 per cent on Monday as signs of strong demand more than offset the impact of a ...
HOUSTON] ExxonMobil expects lower oil and gas prices to reduce the company’s earnings by about US$1.5 billion as a volatile ...
In April, Trump unveiled a tariff base rate of 10% on most countries, and additional duties ranging up to 50%, although he later delayed the effective date for all those except the 10% rate until July ...
Markets are seeking clarity on President Trump's tariffs, with the president targeting Aug. 1 for new country-specific ...
Even OPEC's output decision was regarded as a non-threat in some quarters, specifically, FGE, whose analysts wrote in a note that the actual month-on-month rise will be generally smaller because Iraq ...