Exxon Mobil Signals $2.9B Q1 Earnings Bump On Higher Oil Prices

U.S. Oil & Gas giant Exxon Mobil has signaled that surging oil and gas prices triggered by the conflict with Iran could increase its first-quarter upstream earnings by up to $2.9 billion, with the oil price boost expected to outweigh production disruptions in the Middle East. Exxon estimates that disruptions to its assets...