XOM News Explorer
Stay informed with the latest market news and analysis about XOM
View XOM on Yahoo Finance →2025-01-15
Energy and food prices drove inflation in December
Jan 15, 2025, 4:40 PM
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers of stubborn inflation experienced by consumers.
2025-01-13
Oil jumps as new US sanctions to curb Russian supply to China, India
Jan 13, 2025, 2:46 AM
SINGAPORE (Reuters) -Oil prices extended gains for a third session on Monday, with Brent rising above $80 a barrel to its highest in more than four months, as wider U.S. sanctions are expected to affect Russian crude exports to top buyers China and India. Brent crude futures climbed $1.14, or 1.43%, to $80.90 a barrel by 0741 GMT after hitting an intraday high of $81.49, the highest since Aug. 27. Brent and WTI have risen by more than 6% since Jan. 8, and both contracts surged after the U.S. Treasury imposed wider sanctions on Russian oil on Friday.
2025-01-10
California fires threaten oil and gas supplies
Jan 10, 2025, 8:10 PM
The fires raging in Southern California threaten to hurt the supply of oil, gas, diesel and natural gas supplies due to fire hazards and loss of power.
2025-01-09
Enron Is Back. Could This Possibly Be Real?
Jan 9, 2025, 2:34 PM
One of the pranksters behind “Birds Aren’t Real” is back to revive a company synonymous with corporate malfeasance — it has merch and what it’s claiming is an at-home nuclear reactor.
2025-01-07
Louisiana planning to sue Biden admin over drilling ban
Jan 7, 2025, 12:12 PM
Louisiana Attorney General Liz Murrill says she is preparing a lawsuit against the Biden adminsitration to reverse President Biden's ban on new offshore drilling.
Exxon Sues California Official, Claiming He Defamed the Company
Jan 7, 2025, 9:32 AM
The lawsuit, an unusual strategy for the oil giant, comes after California’s attorney general sued Exxon last year alleging it misled the public about plastics recycling.
Biden blasted by business, energy groups over drilling ban
Jan 7, 2025, 7:00 AM
President Biden's last-minute ban on offshore gas and oil drilling in 625 million acres of federal waters was met with condemnation from business and energy groups.
2025-01-04
US Chamber of Commerce, oil group sue Vermont over law requiring companies to pay for climate change damage
Jan 4, 2025, 5:53 AM
A lawsuit was filed against Vermont over its new law requiring that fossil fuel companies pay a share of the damage caused by climate change.
2024-12-25
Trump’s Plans to Scrap Climate Policies Has Unnerved Green Energy Investors
Dec 25, 2024, 10:07 AM
President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
2024-12-19
Christmas getaway: How to avoid the queues
Dec 19, 2024, 7:02 PM
Some 14 million drivers are expected to hit the road in the last weekend before Christmas, according to the RAC.
2024-12-11
Exxon Plans to Sell Electricity to Data Centers
Dec 11, 2024, 7:00 AM
The country’s largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology companies.
2024-11-22
Ofgem energy price cap: Typical bill to rise in January
Nov 22, 2024, 1:59 AM
Someone paying by direct debit and using a typical amount of energy will pay £21 more a year from January.
2024-11-18
Republican lawmakers press FTC's Khan on energy sector merger scrutiny
Nov 18, 2024, 2:35 PM
Republicans are stepping up their oversight of the FTC's use of consent decrees under Chair Lina Khan to bar energy industry executives from serving on boards after deals conclude.
Why Oil Companies Are Walking Back From Green Energy
Nov 18, 2024, 5:02 AM
As leaders gather for a global climate summit, investors are rewarding oil giants like Exxon Mobil that did not embrace wind and solar.
2024-11-14
Trump Wins Republican Trifecta as GOP Retains House Majority
Nov 13, 2024, 7:33 PM
(Bloomberg) -- Republicans held on to their narrow majority in the US House, giving Donald Trump and his party unified control of the elected branches of government and limiting potential curbs on the incoming president’s power.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and Emis
2024-11-12
Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal
Nov 12, 2024, 9:23 AM
Darren Woods was one of only a few Western oil executives attending a global climate conference in Baku, Azerbaijan.
2024-11-10
California drivers brace for possible gas price hike after state regulators approve tighter climate standards
Nov 10, 2024, 9:35 PM
California drivers are bracing for a possible gas price surge after state regulators approved tougher standards for climate emissions.
2024-11-06
Commentary: Americans want to return to a place that no longer exists
Nov 6, 2024, 4:56 PM
The US economy doesn't need the return to industrial-era policies Trump is planning.
How Trump's second administration could affect gas prices
Nov 6, 2024, 1:47 PM
Energy analysts weigh in on the impact a second Trump administration could have on the oil and gas industry, and how policies might affect gasoline prices.
2024-11-01
Oil Interests Gave More Than $75 Million to Trump PACs, New Analysis Shows
Nov 1, 2024, 5:05 AM
Oil moguls are big donors to Donald Trump. But so are engineering firms, hedge fund managers, shipbuilders and others that profit from fossil fuels.
2024-10-30
Governors urge grid operator to take action amid record-high power plant prices
Oct 30, 2024, 3:22 PM
Five governors are calling on PJM to take urgent action to address electric bills in their states after the grid operator awarded record-high prices to power plant operator.
2024-10-22
Despite Global Crises, Gas Prices Slide as U.S. Election Nears
Oct 22, 2024, 2:41 PM
Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
2024-10-21
US oil industry trolls Kamala Harris’ fracking flip-flop flip-flop: ‘Got it?’
Oct 21, 2024, 9:12 PM
The U.S. Oil & Gas Association on Monday criticized a Kamala Harris aide over the presidential contender’s constant pivoting on fracking.
Arkansas May Have Vast Lithium Reserves, Researchers Say
Oct 21, 2024, 2:07 PM
Federal and state researchers said there might be five million to 19 million tons of lithium, more than enough to meet the world’s demand for the battery ingredient.
2024-10-10
Hurricane Milton leaves thousands of Florida gas stations without fuel
Oct 10, 2024, 2:33 PM
There are nearly 2,000 gas stations that are out of fuel in Florida a day after Hurricane Milton slammed into the state. It's the second major storm in recent weeks.
Hurricane Milton hampers gasoline supply chain
Oct 10, 2024, 6:00 AM
Hurricane Milton's landfall in Florida has disrupted gas supplies after many residents stocked up on gas and diesel for their evacuation ride out of the area and to power generators.
2024-10-08
Hurricane Milton drives gas shortage in Florida as residents flee storm
Oct 8, 2024, 1:35 PM
Hurricane Milton is already impacting the fuel supply in Florida with pumps near Tampa and Orlando running dry as people flee to safer areas.
Stock market today: S&P 500, Nasdaq climb as oil prices retreat
Oct 8, 2024, 10:35 AM
The focus is back on the ongoing debate over the economy and interest rates as headwinds ease.
2024-10-07
Fears of a Global Oil Shock if the Mideast Crisis Intensifies
Oct 7, 2024, 10:02 AM
The threat of an escalating conflict between Israel and Iran has created an “extraordinarily precarious” global situation, sowing alarm about the potential economic fallout.
2024-10-04
Rep. Brian Mast, R-Fla., discusses Israel's response to Iran's missile attacks on 'Cavuto: Coast to Coast.'
Supreme Court Lets Biden Plans on Mercury and Methane Move Forward
Oct 4, 2024, 12:02 PM
Republican-led states and industry groups argued that the Environmental Protection Agency had moved too fast and imposed onerous regulations.
These Are Boom Times for ‘Degrowth’
Oct 4, 2024, 5:00 AM
The term has recently begun taking root in popular culture and policy.
2024-10-02
Money Map Press chief investment strategist Shah Gilani breaks down the impact of the Israel-Hamas war on the markets during an appearance on ‘Varney & Co.’
2024-09-30
States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
Sep 30, 2024, 11:10 AM
Arizona, Maine, New York, New Mexico, Rhode Island and Wisconsin have launched consumer rebate programs tied to energy efficiency.
2024-09-27
What is the energy price cap and how much are gas and electricity bills going up?
Aug 6, 2021, 2:15 AM
Typical gas and electricity prices are rising by 10% in England, Scotland and Wales on 1 October.
2024-09-23
California sues ExxonMobil over plastics recycling 'deception'
Sep 23, 2024, 5:13 PM
The US state alleges in a first-of-its-kind lawsuit that the oil giant misled the public on recycling.
Power The Future founder and executive director Daniel Turner argues the coming nuclear age can solve America's electricity problems on 'Making Money.'
2024-09-16
Energy businesses and farmers in western Pennsylvania are struggling because of prices, an issue that has not figured prominently in the campaigns of Donald J. Trump and Kamala Harris.
2024-09-10
Oil sinks to lowest levels since 2021
Sep 10, 2024, 2:52 PM
Oil prices resumed their downward trend, hovering near 52-week lows amid weak demand.
2024-09-09
Newman: The oil shock that hasn't happened
Sep 9, 2024, 3:35 PM
Iran is still threatening another major attack on Israel. Energy traders seem unconcerned.
2024-09-03
Stuart Varney: Kamala Harris' fracking promises ring hollow
Sep 3, 2024, 8:24 AM
FOX Business' Stuart Varney discussed Kamala Harris' reversal on fracking and explained how 'the greens' are using the court system to kill fossil fuels production.
2024-08-30
Labor Day 2024: What to expect for gas prices before you hit the road
Aug 30, 2024, 11:34 AM
Projected Labor Day travel across the U.S. is up 9% compared to a year ago. The good news for those traveling by car is that gas prices have been on the decline.
Why Oil Prices Remain Subdued
Aug 30, 2024, 1:32 PM
Despite war in the Middle East and political turmoil in Libya, investors are focusing on what look like ample global supplies.
2024-08-28
Nasdaq 100 futures fall after Nvidia posts quarterly earnings
Aug 28, 2024, 6:04 PM
Investors looked to recover from declines seen in the previous session and shake off a pullback in Nvidia.