#VantageOnFirstpost: President Trump says the U.S. strike on Venezuela was about reclaiming “stolen” oil and rebuilding its energy sector with American companies. But major oil firms are hesitant. Venezuela holds the world’s biggest oil reserves, yet its production is low, infrastructure is decayed, and political instability makes investment risky. Recovering output to past highs could cost over $180 billion — at a time when crude prices are weak and returns uncertain. With past losses still fre

2.9K views · 39 reactions | In the last three months of 2024, #ExxonMobil expected reduced profitability due to falling oil prices and shrinking refining margins. Exxon said the production division's earnings were cut by around $700 million due to the lower oil prices. Hem Saroya tells you more | WION | Facebook

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220K views · 1.7K reactions | From aviation fuels to lubes and hydraulic fluids, our products and technology have played an important role in helping planes fly safely and efficiently since 1903. | ExxonMobil | Facebook