Finance

ExxonMobil projects $1.1 billion earnings hit from fluctuating oil prices

Crude slumps could depress supermajor’s second-quarter upstream haul by $800 million

Exxon Mobil chief executive Darren Woods.
Exxon Mobil chief executive Darren Woods.Photo: AFP/SCANPIX
North America Energy CorrespondentBaton Rouge
Published 8 July 2025, 15:55Updated 8 July 2025, 16:33
ExxonMobilUnited StatesAmericasNorth America