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ExxonMobil Holdings (XOM) has moved into the spotlight after reporting second quarter 2026 earnings that reflect strong oil prices, record refining margins and rising political scrutiny over elevated fuel costs. See our latest analysis for ExxonMobil Holdings. ExxonMobil Holdings shares trade at $153.96, with a 30 day share price return of 12.31% and a year to date share price return of 25.53%. The 5 year total shareholder return of 218.04% highlights how recent momentum builds on a much...

The Iran war has tightened global fuel supplies, pushing refining margins to record highs as disruptions in the Strait of Hormuz, reduced Asian refining, and export restrictions squeezed diesel, gasoline, and jet fuel markets.

U.S. President Donald Trump says Exxon and Chevron made “too much money” after higher crude prices lifted oil profits. We look at the factors that pushed energy prices higher and the political considerations behind the president’s desire for lower consumer costs.

Exxon just delivered its strongest quarterly profit in four years and rewarded shareholders with a 44% annual rally, but surging share prices and a troubling free cash flow drop are setting up a collision that could determine whether the stock climbs or crumbles from here.

Brent crude fell back to around $80 per barrel after renewed optimism over a potential US-Iran draft agreement eased geopolitical fears

XOM's Q2 earnings missed estimates, but strong production, oil prices and balance sheet strength support its outlook.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.73%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.03%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.00%. September E-mini S&P futures (ESU26 ) are up +0.72%, and September E-mini Nasdaq futures...

The two oil majors combined to earn $29 billion in the second quarter as crude prices surged following the U.S.-Israel attack on Iran

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

(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

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

The British energy giant posted $3.91 billion in net profit for the second quarter, up from $1.62 billion a year earlier

US equity futures were higher pre-bell Tuesday as technology-related stocks were on the upswing, hig

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.

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.

This energy giant looks cheap after a pullback, but the market's discount may be a deliberate verdict on a business facing serious questions.

British energy giant BP said on Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.View on euronews

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. 

Campaigners have accused the company of being ‘price shock profiteers’ during the conflict.

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 ...

(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

Medicare quietly pockets a chunk of your Social Security before it ever reaches you, and the gap between what you expect and what you receive keeps widening every year. Three ETFs target that exact shortfall with income built to arrive on a schedule.

<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>

But what can Trump actually do?

Trump criticized Exxon and Chevron for windfall profits tied to the Iran war and demanded lower gas prices for consumers.

The quarter that justifies this price leaned in part on war-tightened refining margins that management itself will not put a date on.

International Brent crude futures fell 4.73% to end at $83.77 a barrel after Trump canceled plans to attack Iran.

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.

President Trump called out the nation's two largest oil companies, accusing ExxonMobil and Chevron of "making too much money" during the Iran war.

Donald Trump said Exxon Mobil and Chevron earned excessive profits as oil prices surged during the Iran war.