Exxon Ships U.S. Gasoline to Australia [Yahoo! Finance]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance
Exxon has scheduled its first-ever gasoline shipment from the U.S. Gulf Coast to Australia amid a global fuel export crunch because of the war in the Middle East. The shipment is one of two scheduled for this month, Reuters reported , citing unnamed sources. The two shipments together will total 600,000 barrels, mostly of gasoline but also including other refined products. According to the report, the freight cost of the shipments would come in at $6 million, or $20 per barrel. This is costlier than shipping fuel from Asia, the report noted, citing analysts as saying the exporting of refined oil products from the Gulf Coast to Australia are unlikely to become sustainable even with the current disruption of crude oil supplies to Asian refiners. Exxon operates three fuel import terminals in Australia but has been sourcing the fuel from Asia. Right now, however, Asian refiners are grappling with the fallout from severe tanker traffic disruption in the Strait of Hormuz, with China
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XOM
News
- BCX: Commodity Producers Bring Appeal During Geopolitical Uncertainty [Seeking Alpha]Seeking Alpha
- Dozens of Asia-Flagged Oil Tankers Stranded near Strait of Hormuz [Yahoo! Finance]Yahoo! Finance
- Two Russian Urals Tankers Divert 14 Million Barrels to Indian Ports [Yahoo! Finance]Yahoo! Finance
- Oil Jumps $10 as Middle East War Drives $4 Billion Into Energy ETF [Yahoo! Finance]Yahoo! Finance
- Cramer says the oil market is signaling the Iran war won't spiral — and that's bullish for stocks [CNBC]CNBC
XOM
Earnings
- 1/30/26 - Beat
XOM
Sec Filings
- 3/3/26 - Form 4
- 2/20/26 - Form 8-K
- 2/18/26 - Form S-3ASR
- XOM's page on the SEC website