Oil down on worries Hurricane Beryl could hit US demand
By Scott DiSavino (Reuters) -Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut U.S. refineries and ports along the Gulf of Mexico, and on…
Exxon signals Q2 below market consensus, excluding Pioneer buy
By Sabrina Valle and Tanay Dhumal HOUSTON (Reuters) – Exxon Mobil Corp (NYSE:XOM) on Monday signaled that lower refining margins across the industry and lower natural gas prices will reduce…
Storm Beryl knocks out power as it churns across Texas
(Reuters) – Tropical Storm Beryl lashed Texas with strong winds and torrential rain on Monday as it churned inland, forcing the closure of oil ports, cancelling hundreds of flights and…
Hurricane Beryl knocks out power as it churns across Texas
(Reuters) -Hurricane Beryl lashed Texas with strong winds and heavy rain on Monday as it churned inland, forcing the closure of oil ports, the cancellation of hundreds of flights and…
Exxon Mobil signals second-quarter earnings hit from refining margins, natural gas prices
By Tanay Dhumal (Reuters) -Exxon Mobil said on Monday lower natural gas prices and refining margins are expected to hit the oil major’s second-quarter earnings. The oil major would be…
Oil slips as Gaza talks ease supply worries, Hurricane Beryl in focus
By Arunima Kumar (Reuters) -Oil prices edged lower on Monday after gaining for four weeks as supply disruption worries eased on hopes of a ceasefire deal in Gaza, but the…
Oil prices fall as Tropical Storm Beryl nears landfall in Texas
Investing.com– Oil prices retreated Monday, handing back some of the gains seen over the last four weeks, as traders watched for the impact of tropical storm Beryl on oil production…
Texas energy industry braces for Beryl as hurricane makes landfall
By Erwin Seba and Arathy Somasekhar HOUSTON (Reuters) -The Texas energy industry braced for Hurricane Beryl’s impact on Monday, with threats from the powerful storm forcing the closure of key…
Exxon Mobil expects oil prices to boost second-quarter earnings
(Reuters) -Exxon Mobil said on Monday changes in oil prices would increase the company’s second-quarter upstream earnings by $300 million to $700 million compared with the first quarter. The oil…
Exxon Mobil expects second-quarter oil earnings to increase
(Reuters) – Exxon Mobil (NYSE:XOM) 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…