Exxon Mobil CEO sees ‘more to come’ on price spikes from Iran war as Exxon, Chevron beat on earnings despite plunging profits

Exxon and Chevron are maintaining a wait-and-see approach to Venezuela, but they're taking diverging paths in the booming Permian Basin.

Source Fortune AI Summary Updated May 1, 2026

Story intelligence Beta

Freshness Stale Updated May 1, 2026

Confidence Limited Single-outlet story

Coverage Single outlet

Views 7 Community interest

Read time 1 min ~20 words

AI Summary

Exxon and Chevron are maintaining a wait-and-see approach to Venezuela, but they're taking diverging paths in the booming Permian Basin.

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