ExxonMobil Swings Back
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Rather than knuckle under to Hugo Chavez, Exxon is launching an arbitration process.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Monday posted the  biggest quarterly profit ever for a U.S. company -- $8.42  billion -- driven by high crude oil and natural gas prices.
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Stocks resumed their November advance yesterday after an increase in oil prices lifted Exxon Mobil, the worldâs biggest energy company, and shares of Google surpassed $500 for the first time.
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Exxon Mobil Corp. XOM.N, the world's  largest publicly traded oil company, on Thursday said quarterly  profit surged 56 percent, driven by soaring oil prices and  strong results from refining operations.
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Royal Dutch/Shell says there is scope for more share buybacks, provided that oil prices remain high. &quot;If the oil price is high, there is space to do buybacks,&quot; Chairman Jeroen van der Veer told reporters in London on Wednesday.
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Oil bounced back above $59 on Tuesday on expectations the coldest weather of the U.S. winter would cut heating oil stocks in the world's top energy consumer.
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Venezuela accuses Exxon Mobil of exaggerating the value of firm's former investments in the country.
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Exxon Mobil Corp.  reported a  slight decline in fourth-quarter earnings Thursday due to lower  natural gas prices and shrinking profits from gasoline sales.
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Stocks edged higher on Friday, clawing back from the previous session's steep losses, led by energy shares such as Exxon Mobil  as the price of oil rose.
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The Standard &amp; Poor&#39;s 500-stock index slipped from a three-year high, dragged lower by energy shares including Exxon Mobil as crude-oil prices dropped to their lowest in almost two months.
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NEW YORKâCrude oil futures finished a tad higher yesterday, as an early rally succumbed to a late wave of profit taking. The early rally was triggered by news of a pipeline explosion in Iraq and fresh concerns
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Crude oil prices are back above the $47 a barrel mark after an energy market watchdog raised its forecasts for global demand.
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As gas prices rise, so do ExxonMobil's stock and its cash flow numbers.
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SAN FRANCISCO (AFX) -- Crude-oil futures climbed back toward $54 a barrel, with traders eagerly awaiting weekly petroleum data to find out how the recovery in the Gulf of Mexico has affected US oil and natural-gas inventories.
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High energy prices help US oil giant Exxon Mobil report the highest ever annual profit by a US company - $39.5bn.
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NEW YORK - Investors bid stocks higher Tuesday as oil stepped back from its highs and earnings results from companies including International Business Machines Corp. and Texas Instruments Inc...
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Exxon Mobil Corp  said on Friday record oil prices boosted its fourth-quarter earnings to $11.66 billion, the highest ever operating profit by a U.S. company.