ExxonMobil braces for $1.3 billion hit despite shrugging off Middle East war

Upstream · Robert Stewart · 2026-10-16 14:13 UTC

US supermajor blames fluctuating oil prices for potential earnings drop

ExxonMobil braces for $1.3 billion hit despite shrugging off Middle East war US supermajor blames fluctuating oil prices for potential earnings drop ExxonMobil chief executive Darren Woods attends an interview with Reuters in Sao Paulo, Brazil, on 7 November 2025.Photo: REUTERS/SCANPIX Robert Stewart North America Energy Correspondent Baton Rouge Follow me My Alerts is a service for subscribers. Please login or subscribe in order to use My Alerts. SubscribeLogin Finance

Read the full story at Upstream · All coverage of this story