New York, Jan 30, 2026 (AFP) - ExxonMobil profits dip on lower crude oil prices

NAMPA / AFP

2026-01-30

ExxonMobil reported a dip in fourth-quarter profits Friday, citing a drop in oil prices that offset the bounce from higher volumes. The US oil giant reported profits of $6.5 billion, down 14.6 percent from the same time last year. Revenues were $82.3 billion, down 1.3 percent. ExxonMobil said it reached production records at the end of 2025 in Guyana and the shale-rich Permian Basin in the United States, part of the company attaining its highest......

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