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News 2026-07-07 21:28 UTC

Exxon Mobil Expects Q2 Upstream Earnings to Benefit From Oil Price Changes

() -- Exxon Mobil (XOM) said Tuesday in a filing that changes in oil prices could raise its Q2 upstream earnings by $3.5 billion to $3.9 billion, while changes in gas prices could either result in a $200 million loss or a similar gain. The quarter is expected to be affected by the US-Iran war, as well as significant pl