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Bloomberg8d agoneutral
Aramco Sees Oil Refineries Running Flat Out as Buffers Run Thin

(Bloomberg) -- Refineries outside of conflict zones are running at full tilt across the world and there are few shock absorbers left in the system to protect against higher fuel prices, the world’s biggest oil company Saudi Aramco said.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamMamdani Dismisses Business Leaders Advising NYC’s Mayor’s

CVXXOM
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and More
24/7 Wall St.8d agoneutral
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and More

Pre-Market Stock Futures: Futures are trading higher after a solid start to August, with all major indices finishing higher on Monday. The President tapping the brakes on attacks on Iran and a return to the negotiating table, combined with massive technology earnings and tumbling oil prices, was just the ticket for traders and investors to ... Here Are Tuesday’s Top Wall Street Analyst Research Calls: Apple, CoreWeave, eBay, Exxon Mobil, Intuit, Nebius Group, Palantir Technologies, SK hynix, and

AAPLCRCLCRWVEBAYINTUNBISNKEPLTR+4
Chevron, Exxon Making Too Much From Surging Oil, Trump Says. BP Profit More Than Doubles.
Barrons.com8d agoneutral
Chevron, Exxon Making Too Much From Surging Oil, Trump Says. BP Profit More Than Doubles.

BP stock was edging higher after the British oil major reported a surge in its second-quarter profit, just a day after President Donald Trump slammed rivals Chevron and ExxonMobil for making too much money. BP’s American depositary receipts ticked up 0.7% to $44.57 ahead of Tuesday’s opening bell. The results covered a period in which oil prices surged due to the war in Iran, which has disrupted shipping through the Strait of Hormuz and led to energy companies making more money from crude trading.

XOM
Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market
Barrons.com8d agoneutral
Palantir, Coherent, Lumentum, ON Semi, and More Stocks That Explain Today’s Market

Stock futures were rising on Tuesday, putting the on the brink of a record high as tech extended its recent rebound. Palantir was the S&P 500’s best performer ahead of the opening bell, surging 16% after the data analytics software developer reported strong second-quarter earnings. CEO Alex Karp described the quarter as “otherworldly,” as U.S. commercial revenue rose 149% from a year ago.

AMDCATCOHRCVXGLWMRVLMUON+8
BP profit soars as Mideast war roils energy prices
AFP9d agobullish
BP profit soars as Mideast war roils energy prices

British energy giant BP said Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.Energy majors around the globe are enjoying soaring profits from their trades as oil and gas futures swing between big gains and losses on the latest headlines linked to the Mideast war. 

CVXXOM
Exxon CEO delivers blunt message on what's coming for gas prices
TheStreet9d agoneutral
Exxon CEO delivers blunt message on what's coming for gas prices

I have covered the energy market's evolution through the Iran-Iraq War, from Chevron CEO Mike Wirth's early warnings about depleting buffers to Shell's CEO describing the diesel and gasoline squeeze that emerged as refineries pivoted to jet fuel. On July 31, ExxonMobil Chairman and CEO Darren ...

CVXXOM
Bloomberg9d agobullish
BP’s Profit Surges as Oil Trading and Refining Boom During War

(Bloomberg) -- BP Plc posted its strongest quarterly profit in more than four years as its refining and trading businesses boomed during the Iran war. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamS&P 500 Closes Near Record High on US-Iran Hopes: Markets WrapMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundAdjusted net incom

XOM
Trump blasts Exxon, Chevron for making 'too much money'
Reuters Videos9d agoneutralVIDEO
Trump blasts Exxon, Chevron for making 'too much money'

<body><p>STORY: :: Trump blasts Chevron and ExxonMobil for 'making too much money' from higher fuel prices</p><p>:: Washington, D.C. / August 3, 2026</p><p>"They're making too much money. Based on a shortage, they're making too much money. I don't like it."</p><p>"And when we're finished with Iran, you're going to see the prices drop through the floor. But they made too much money. Chevron, too much money. ExxonMobil too much. Too much money. When you look at one company, where they made 12 times what they made the year before? They ought to give some of that back to the public. And they better cut the retail price. The consumer price. Too much money. You're surprised I'm saying it? &nbsp;I'll say it loud and clear. I'm not happy about it."</p><p>Exxon and Chevron did not immediately respond to requests for comment.</p><p>While global oil prices plunged after Trump called off a planned "massive attack" on Iran over the weekend, prices at the gas pump tend to lag and do not necessarily follow suit.</p><p>Higher gas prices fueled by the Iran war and cost-of-living concerns pose a political ​risk to Trump ahead of November's midterm elections when his fellow Republicans are seeking to retain control of ​Congress. Retail gasoline prices, ⁠currently averaging around $4.10 nationwide, have climbed more than 30% since the U.S. and Israel attacked Iran earlier this year.</p></body>

CVXXOM
Exxon (XOM) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks9d agoneutral
Exxon (XOM) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

XOM
Trump Blasts Big Oil Companies for ‘Making Too Much Money’
The Wall Street Journal9d agoneutral
Trump Blasts Big Oil Companies for ‘Making Too Much Money’

WASHINGTON—President Trump said Chevron and ExxonMobil are “making too much money” and should return some of their profits back to the public. “When you look at one company where they made 12 times what they made the year before, they ought to give some of that back to the public,” Trump told reporters in the Oval Office on Monday. “And they better cut the retail price, the consumer price.”

CVXXOM
Trump Says Exxon, Chevron Are 'Making Too Much Money'
Bloomberg9d agoneutralVIDEO
Trump Says Exxon, Chevron Are 'Making Too Much Money'

"They're going to give some of that back to the public, and they better cut the retail price," President Donald Trump says when asked about the profits of ExxonMobil and Chevron during remarks with reporters at the White House.

CVXXOM
Bloomberg9d agoneutral
Trump Hits Exxon, Chevron for Profits Amid Iran War He Launched

(Bloomberg) -- President Donald Trump scolded ExxonMobil Holdings Corp. and Chevron Corp. for their soaring profits, as oil prices surged amid the war in Iran he launched in February alongside Israel. Most Read from BloombergTrump Says US to Hold Off Iran Attack If Deal AgreedAlibaba Adds to China AI Breakthroughs With New Qwen Model Beer Dynasty Families Sell €731 Million Stake in AB InBevIran Says Hormuz Talks Ongoing After Trump Calls Off StrikesStocks, Bonds Rise as US-Iran Hopes Spur Oil Dr

CVXXOM