Commodities and Futures News

Exxon Mobil expects second-quarter oil earnings to increase

07/08/2024

Less than a minute

2024.07.08 07:38

© Reuters. FILE PHOTO: The logo of ExxonMobil is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo

(Reuters) – Exxon Mobil (NYSE:) said on Monday changes in oil prices would increase the oil major’s second-quarter upstream earnings by $300 million to $700 million compared with the first quarter.

The largest U.S. oil producer had posted $5.7 billion in upstream earnings for the first quarter ended March 31.

07/08/2024

Less than a minute

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