Gasoline & ExxonMobil

Gasoline: Inventories at multi-year lows, prices above $4/gallon in the U.S., causing political and economic pressure.

ExxonMobil: Reported record downstream profits and diesel production, but warned of sustained refining challenges and high prices.

Gasoline: Inventories at multi-year lows, prices above $4/gallon in the U.S., causing political and economic pressure.

ExxonMobil: Reported record downstream profits and diesel production, but warned of sustained refining challenges and high prices.

Gasoline: Inventories at multi-year lows, margins near record levels, US prices above $4 per gallon.

ExxonMobil: ExxonMobil reported doubled profits to $14.53 billion, benefiting from higher prices, but missed estimates due to disruptions in Qatar.

Gasoline: Gasoline prices have climbed significantly across the United States, driven by the global energy crisis caused by the Iran war and the constrained Strait of Hormuz, impacting consumer spending and sentiment.

ExxonMobil: ExxonMobil reported stronger profits due to high oil prices but saw its stock price fall as oil prices regressed.

Gasoline: Gasoline prices are a key focus, with the waiver aimed at lowering them. The impact is expected to be modest, but it helps mitigate price increases.

ExxonMobil: ExxonMobil faced public pressure from President Trump to lower pump prices, but did not respond to requests for comment. The company is indirectly affected by the waiver's impact on fuel supply and prices.