Exxon to Cut Activity in Permian Basin as Oil Prices PlummetExxon to Cut Activity in Permian Basin as Oil Prices PlummetEnergy demand dropped dramatically as flights to and from China and factories slowed production. Associated PressAssociated Press
Exxon, Chevron Profits Fall on Low Gas Prices, Weak MarginsExxon, Chevron Profits Fall on Low Gas Prices, Weak MarginsChevron also had a tough quarter, posting a loss of $6.6 billion, or $3.51 per share.Associated PressAssociated Press
Exxon Profit Plummets With Plenty of Oil to go AroundExxon Profit Plummets With Plenty of Oil to go AroundOil production rose 3% from a year earlier, to 3.9 million barrels per day. Associated PressAssociated Press