Kevin Crowley

Exxon Mobil Corp. beat analysts’ estimates as higher oil production from the US Permian Basin helped cushion a drop in crude prices and tightening refining margins.

(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. beat analysts' estimates as rising oil production from the Permian Basin helped offset weaker crude prices.

Kevin Crowley 4 min read In This Article (Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. beat analysts' profit, output

By Kevin Crowley Bloomberg Chevron Corp. indicated potential US job cuts as part of a new cost-cutting plan.

Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel production — just as OPEC and its allies are preparing to increase the supply of crude into the global market.

(Bloomberg) — Exxon Mobil Corp. and Chevron Corp. beat analysts' profit, output and sales estimates as rising oil production from the Permian Basin helped offset weaker crude prices.

Exxon Beats Estimates on Higher Permian Basin Oil Production Kevin Crowley 2 min read In This Article

The cartel’s adversaries this time aren’t wildcatters, but rather the world’s marquee producers.

Americans are heading to the polls today, and while the presidential candidates have extremely different views on the US’s role in combating climate change, they are vying to lead a country that is now the world’s No. 1 producer of oil. Today’s newsletter looks at how this impacts the credibility of the US at international climate negotiations.