The company disclosed that it has received subpoenas from the U.S. Attorney’s Office for the Southern District of New York and the SEC on reports of selective disclosure of material information to certain investors.
Exxon Mobil Corporation (NYSE: XOM) reported a blockbuster fourth-quarter earnings result on February 2, 2026, marking a historic year of operational milestones and financial dominance. The energy titan delivered an adjusted earnings per share (EPS) of $1.71, surpassing Wall Street’s consensus of $1.68, even as global energy
In a move that sends shockwaves through the American energy landscape, Devon Energy (NYSE: DVN) and Coterra Energy (NYSE: CTRA) announced a definitive merger agreement today, February 2, 2026. The $58 billion all-stock transaction represents one of the most significant consolidations in the history of the U.S. shale industry,
Polymarket odds for a U.S. strike on Iran cooled over the weekend, sending crude prices lower. Traders now see a 25% chance of a strike in Feb, down from 54% by June 30. Diplomacy efforts and Iran's capabilities make direct conflict a riskier bet for Trump. Energy sector and companies like BP and Shell are affected.
Global energy markets were thrust into a state of high alert as February 2, 2026, dawned, with Brent crude oil surging to a multi-month peak of $71.00 per barrel. The spike followed a period of intense geopolitical friction, as a massive U.S. naval buildup in the Arabian Sea
VIENNA — In a move that signals deep caution at the highest levels of global energy policy, eight key members of the OPEC+ alliance announced they will maintain steady production levels through the first quarter of 2026. The decision, finalized during virtual deliberations in early January, comes as a direct response
As of February 2, 2026, the European continent finds itself grappling with a familiar and chilling specter: an energy crunch that has seen natural gas storage levels plummet to their lowest levels since the 2022 crisis. After a series of deceptive winter "comfort zones" in 2023 and 2024, a combination
The global commodities market is bracing for a significant downturn as the World Bank’s latest Commodity Markets Outlook warns of a looming 7% price decline in 2026. This projected drop would mark the fourth consecutive year of falling prices, eventually bottoming out at a six-year low. The forecast is
In a year marked by a significant "lower for longer" pricing environment and shifting global energy dynamics, Chevron Corporation (NYSE: CVX) reported a resilient fourth-quarter 2025 performance that exceeded analyst expectations on the bottom line. Despite facing a sharp decline in average Brent crude prices—averaging $69 per barrel in
IRVING, TX — In a display of operational muscle that has become the hallmark of its post-merger era, Exxon Mobil Corporation (NYSE:XOM) reported fourth-quarter 2025 earnings today that comfortably cleared Wall Street’s hurdles. Despite a challenging environment characterized by a nearly 20% year-over-year slide in global crude prices and
The American consumer is beginning to see a light at the end of the inflationary tunnel. According to the final January 2026 reading from the University of Michigan Survey of Consumers, one-year inflation expectations have eased to 4.0%, down from 4.2% in December and a peak earlier in
In a month characterized by high-stakes brinkmanship and a dramatic reshuffling of global energy maps, West Texas Intermediate (WTI) crude oil has found a precarious footing, stabilizing at the $65 per barrel threshold as of late January 2026. This stabilization comes after a volatile 15% rally throughout the month, a
The final week of January 2026 has been defined by a return to "tariff diplomacy" and a surreal geopolitical standoff over the world’s largest island, sending ripples of volatility through the S&P 500. President Trump’s dual-track strategy of threatening 100% tariffs on Canadian goods while simultaneously pressuring
Exxon Mobil Corporation (NYSE:XOM) reported fourth-quarter 2025 earnings today that surpassed Wall Street expectations, demonstrating the energy giant’s ability to generate significant cash flow even as global crude prices retreated. The company posted an adjusted earnings per share (EPS) of $1.71, beating the analyst consensus of $1.
SAN RAMON, CA — Chevron Corporation (NYSE: CVX) reported its fourth-quarter 2025 financial results this morning, delivering an earnings surprise that has caught Wall Street's attention. Despite a backdrop of cooling global oil prices and a year-over-year dip in total revenue, the energy giant managed to beat analyst expectations on the
The U.S. economy was met with a stark awakening on January 30, 2026, as the Bureau of Labor Statistics released the December 2025 Producer Price Index (PPI) report, revealing a significant and unexpected jump in wholesale inflation. Headline PPI rose by 0.5% on a month-over-month basis, more than
