Financial Performance - ExxonMobil's Q2 earnings beat expectations due to increased production, better product mix, and structural cost reductions, offsetting over half the impact of lower commodity prices [3] - ExxonMobil is confident in maintaining its dividend and share buyback program even under scenarios with significantly lower oil prices than current levels, including those worse than COVID [8][9][10] Market Dynamics & Strategy - Global demand for transportation fuels, products, and chemicals remains strong, but supply challenges are putting pressure on pricing [5] - ExxonMobil is prepared for a potentially lower price environment in the latter half of the year, as OPEC unwinds production and the market may become longer depending on the output of national oil companies [6][7] - The industry balances fierce competition in a commodity business with partnerships around the world, requiring collaboration and competition simultaneously [17][18] Guyana Project & Hess Arbitration - ExxonMobil was surprised by the arbitration outcome regarding the Guyana operating agreement, but the operational impact is unchanged as Chevron will now take Hess's place [11][13][14] - Despite the arbitration loss, ExxonMobil maintains a constructive partnership with Chevron in Guyana and other joint ventures, aiming for successful ventures and value growth [19][20]

The second quarter results now out from Exxon Mobile. Earnings came in at $164 a share. That was better than estimates of $1.54%.Revenue came in at 81.5% billion dollars. Cash from operations of 11.5% billion came in below estimates, but the uh earnings were higher than expectations because again you saw higher production. This was the same story that we just saw with Chevron where higher production made up for low oil lower oil prices particularly in a position where a lot of those are high margin barrels. ...

So, Stephen, maybe just walk us through the steps. Why did the all oil market react in such a fashion yesterday to this announcement that President Trump is bringing forward the window for the Russian president to come to the negotiating table for a truce. Why would that leads to a spike in the oil price.Well, I mean, before he had until September 2nd, basically now he's pulling this forward and the fears are over what Trump has threatened and he's called secondary tariffs, basically. It's a view that if an ...

Financial Strategy - TotalEnergies 维持季度股票回购计划 [1] - TotalEnergies 维持今年资本支出计划 [1] Financial Performance - 较低的油价对利润造成压力 [1] - 净债务增加 [1]

On Tuesday, July 15th, we saw the June CPI data. Headline inflation climbed at 2.7% year-over-year, up from May's 2.4% reading. But X food and energy was lower than expected at plus.2% month overmonth.This mix suggested that the headline number was at least partially driven by elevated oil prices in June. In the wake of the Israel Iran conflict, the market's reaction reflected the general lack of clarity that the data introduced. Initially, the dollar traded lower, presumably believing that the drop in core ...

Look, it is the first meeting of minds since, well, first the Iran Israel war, but then also that Opec+ decision over the weekend to bring back extra barrels to the market. And the feeling is that opec+ have changed their strategy over the last couple of months. Why do you think that is the case. Why do you think they decided to accelerate the pullback.All right. Great to be with you, Jomana. You know, I don't think they've changed their strategy. I think they've doubled down on their strategy.It's clear go ...

Francisco Blanch, head of global commodities and derivates research at Bank of America, discusses OPEC+'s recent decision to increase oil production for the month of August. "It's been a good time to add those barrels and the market hasn't struggled for the time being to absorb it," Blanch tells Bloomberg Television. "We are negative into the second half of the year," he adds, saying that Bank of America sees Brent hit "low sixties" and WTI "high fifties." -------- More on Bloomberg Television and Markets L ...

Regulatory Impact on Energy Development - Regulation, including environmental and species acts, and NEPA, significantly increases the cost of energy development on federal lands, discouraging capital investment [1] - Morgan Stanley studies indicate private leases can be four times more expensive, costing $32,000 per acre, compared to $8,000 on federal lands, reflecting the cost of regulation [1] - The Biden administration's regulatory policies effectively drove capital away from developing federal resources [1] Potential Benefits of Deregulation - Cutting regulation could lower the break-even point for oil and gas companies, allowing them to profit at lower prices per barrel [2] - Deregulation could potentially cut at least 10% of the price of a barrel on federal land, which is currently attributed to regulatory overhead costs [2]

Economic Outlook - Nigerian economic reforms have improved investor sentiment [1] - Lower oil prices are hurting Nigeria's finances [1] - Lower oil prices will widen Nigeria's budget gap this year [1]

Economic Outlook - Falling oil prices improve the outlook for the Philippine economy [1] - The Philippine economy is heavily reliant on oil imports [1] Currency Performance - The worst may be over for the Philippine peso [1]