Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. Raphael Satter
Vehicles pass in front of an Exxon service station in Bethesda, Maryland, U.S., November 25, 2024. Picture taken with long exposure. Raphael Satter

Exxon Mobil expects fourth-quarter upstream earnings to ease

January 7th, 2025 | 21:56 PM BUSINESS Energy 1

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By Reuters

Exxon Mobil (XOM.N) said on Tuesday changes in oil prices would ease its fourth-quarter upstream earnings by $500 million to $900 million.

The industry bellwether had posted $6.16 billion in upstream earnings for the third quarter, and a net profit of $7.63 billion in the year-ago fourth quarter.

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