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Commodities and Futures News

Exxon Mobil expects fourth-quarter upstream earnings to ease

20 hours ago

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2025.01.07 17:29

© Reuters. FILE PHOTO: Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. REUTERS/Raphael Satter/File Photo

Exxon Mobil (NYSE:) said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 million.

The industry bellwether had posted $6.16 billion in upstream earnings for the third quarter, and a net profit of $7.63 billion in the year-ago fourth quarter.

20 hours ago

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