Mon, May 5, 2025
Sun, May 4, 2025
Sat, May 3, 2025
Fri, May 2, 2025

Exxon and Chevron hold the line against tariffs, OPEC, and plunging oil prices

  Copy link into your clipboard //stocks-investing.news-articles.net/content/202 .. gainst-tariffs-opec-and-plunging-oil-prices.html
  Print publication without navigation Published in Stocks and Investing on by Fortune
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Exxon Mobil and Chevron are pushing back on "shortsighted" investors and maintaining their growth plans even as they feud amongst themselves.
The article from Fortune discusses how Exxon Mobil and Chevron, two major U.S. oil companies, are navigating the challenges posed by tariffs and OPEC's influence on oil prices. Exxon Mobil has expressed concerns over the impact of tariffs on its operations, particularly in Asia, where it has significant investments. Meanwhile, Chevron is focusing on its operations in the Permian Basin, aiming to increase production despite the global market pressures. Both companies are also dealing with OPEC's decision to cut production, which has led to higher oil prices. This situation has forced Exxon and Chevron to adapt their strategies to maintain profitability amidst these economic and geopolitical challenges.

Read the Full Fortune Article at:
[ https://fortune.com/article/exxon-chevron-tariffs-opec-oil-prices/ ]