ExxonMobil Holdings Corp
Coverage of ExxonMobil Holdings Corp in the Nexus archive.
- Refiners Can’t Deliver Gas Price Relief Trump Wants, Says Stephen Schork
Stephen Schork states refiners cannot increase capacity to lower gasoline and diesel prices for consumers. President Donald Trump criticized ExxonMobil Holdings Corp. and Chevron Corp. for high profits amid the war in Iran.
- Exxon, Chevron warn fuel prices to endure as war knocks refining
ExxonMobil and Chevron warn that fuel prices will remain high despite falling oil prices due to global refining capacity shortages caused by wars in Russia, the Middle East, and China’s export ban. Refineries operating at full capacity cannot meet demand, leading to record fuel-making margins and sustained price increases for consumers.
- Exxon, Chevron Warn Fuel Prices to Endure as War Knocks Refining
ExxonMobil Holdings Corp. and Chevron Corp. warned that high fuel prices will persist despite potential oil price drops due to critically low global refining capacity caused by wars in Russia and the Middle East.
- ExxonMobil Posts Slight Miss as Repairs Dogged Refining Results
ExxonMobil Holdings Corp. narrowly missed profit forecasts despite rising crude prices and expanding fuel-making margins. The US-Iran conflict entering its sixth month is cited as a factor affecting refining results.