Sunday, March 9, 2025
U.S., allies working to offset loss of Iranian oil: Mnuchin-oag360

U.S., allies working to offset loss of Iranian oil: Mnuchin

Source: Reuters NEW DELHI (Reuters) – The United States is working with allies to ensure adequate global oil supplies after its sanctions barred nations from buying Iranian crude, U.S. Treasury Secretary Steven Mnuchin said on Friday. Mnuchin spoke to reporters during a trip to India – which was one of the main importers of Iranian oil until New Delhi stopped

Chevron -oag360

Chevron profits fall in third quarter, misses Wall Street expectations

Source: Houston Chronicle Chevron Corp. reported a net income of $2.58 billion in the third quarter, down from $4.05 billion in the same quarter last year, and missed Wall Street expectations. The San Ramon, California-based company reported earnings of $1.36 per diluted share; analyst consensus expectations were $1.49 per share. Chevron reported $36 billion in revenue, down from $44 billion in

Exxon Mobil's profits fall in third quarter-oag360

Exxon Mobil’s profits fall in third quarter

Source: Houston Chronicle Exxon Mobil Corp. profits fell in the third quarter, the company reported Friday. The Irving, Texas-based oil major reported a third-quarter net profit of $3.17 billion, little more than half the profit the company reported in the same quarter last year. Exxon reported $65.05 billion of revenue in the third quarter, down from $76.61 billion in the same quarter