PetroChina’s first-half net profit jumped 22 percent to 103.94 billion yuan on higher oil prices, even as weak Chinese demand pushed fuel sales lower.
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Exxon Mobil Corp. (XOM) lowered profit expectations for the second quarter of 2024, citing lower refining margins and natural gas prices. The company expects earnings per share to be between …
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Exxon Mobil Corp, the largest U.S. oil producer, reported a drop in its fourth-quarter earnings on Thursday, as it wrote down $2.5 billion of assets in California and faced lower …