Exon Mobile just out with quarterly results. Let's get you up to speed on where things stand. Exxon coming in at a $1.88% a share.The company saying earnings were weighed down by lower crude prices, weak chemical margins, and reduced volumes from asset sales, but those were partially offset by stronger output in both the Perian and the Gu and and Guyana and ongoing cost savings. In Guyana, quarterly production topped 700,000 barrels a day to record levels. Cash flow from operations came in at $14.8% 8 billi ...

Philip 66 out with quarterly results. Earnings came in at $2.50% a 52 cents a share. That was much better than the $2.17% that the street had been expecting.Company operating at 99% capacity utilization and refining during the quarter and it generated $1.2% billion of net operating cash flow. Joining us right now to talk about the results is Mark Laser. He is Philip 66 chairman and CEO.And Mark, thanks for being here today. It looks like the stock is up by about half percent on this news. These numbers are ...

Saudi Arabia has cut spending enough this year and probably won’t need to make further fiscal adjustments even if crude oil prices weaken, according to the International Monetary Fund https://t.co/o3Y6BgrZaN ...

All right, let me tell you about some breaking news right now. We've got second quarter results that are just out from Chevron. Earnings came in at a $1.77% a share on an adjusted basis.That's better than the 170 that the street was looking for. Revenue also came in uh better than expected, $44.8% billion versus 43.8% billion. Lots of other metrics that are in here that came in above estimates as well, including nut production.They set worldwide and uh US record levels that they'd seen on this for the periu ...

Some people feel we dodged the bullet today. Initially when our government took out three Iranian nuclear enrichment facilities, Wall Street of course panicked. Price of oil surged, which is what you expect whenever things get unstable in the Middle East. But then Iran retaliated by shooting some conventional missiles at a US base and gutter and they were even warned to minimize casualties. I don't I it was crazy. Sure seems like they don't have the cards and they know it. In response, the price of oil then ...