Lower oil prices result in decreased profits for Exxon and Chevron

Lower oil prices result in decreased profits for Exxon and Chevron

The lower oil and gas prices have made the profits for US integrated oil and gas giants Exxon Mobil Corp. and Chevron Corp. drop. This also happened because at Chevron, the massive oil field found by them below the steppes of Kazakhstan was costlier than what was expected during development.

Pierre
Pierre
Miles O'Brien
Miles O'Brien 5 months

Anybody seeing the price go back?

porcus
porcus 5 months

And in other news, water is wet.

Top in Business
Get the App