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ExxonMobil, Fuel Prices

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.

Bloomberg L.P. · 1d

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.

Reuters · 1d

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.

OPEC, Oil

ABP News on MSN · 1d

Oil Prices Fall As OPEC+ Surprises Market With Bigger August Output Hike

OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low inventory levels as justification for the move.

Reuters on MSN · 18h

Oil prices ease as traders assess US tariffs and OPEC+ output boost

Oil prices retreated on Tuesday, having climbed almost 2% in the previous session, as investors assessed the latest developments on U.S. tariffs and a higher than expected increase to OPEC+ output for August.

The Wall Street Journal on MSN · 1d

Oil Futures Shrug Off Bigger OPEC+ Output Increase

Oil futures shook off the initial negative reaction to OPEC+ further accelerating the return of production to settle higher.

2don MSN

Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

Business Line55m

Crude oil prices fall as industry data shows increase in US inventories; copper futures rise post Trump tariff

US EIA’s short-term energy outlook (STEO) report said that the Brent crude oil price in its forecast averages $69 per ...

OilPrice.com2d

Oil Prices Expected to Stay Under $70

Analysts and investment banks predict oil prices will remain below $70 per barrel for the rest of 2025 due to market ...

Shell slumps as oil prices fall and company says production to fall

Shell shares slumped 3% in London trade as the oil giant was pressured by the fall in oil prices, as well as its own trading update in which it reported declining production as well as weaker trading ...

Rediff Money1d

Crude Oil Prices Fall Amid Weak Demand

Crude oil futures eased on Tuesday, falling Rs 6 to Rs 5,790 per barrel due to weak spot market demand. Global crude prices ...

11don MSN

Crude oil sees steep weekly fall; tight US market limits further declines

The risk premium on crude oil faded considerably this week with prices set for their steepest weekly fall since March 2023 on ...

Naija News41m

Dangote Refinery Reduces Petrol Price

The Dangote Petroleum Refinery has reduced the ex-depot price of petrol from ₦840 to ₦820 per litre. Naija News reports that ...

10don MSN

Gas prices are expected to fall: ‘It's going to be the cheapest summer since 2021,' one expert says

This summer could bring the lowest gas prices in years, with the national average falling below $3 a gallon as early as ...

13don MSN

Oil prices may fall further if Iran-Israel ceasefire holds as risk premiums vanish

Oil prices are expected to fall further if the ceasefire between Iran and Israel holds, according to experts. Things took a ...

Midland Reporter-Telegram on MSN5d

Oil prices jump on Iran news, but volatility and uncertainty persist

Oil prices were moved by both reports Iran was suspending cooperation with nuclear inspectors and reports of increasing ...

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ExxonMobil, Fuel Prices

OPEC, Oil