CNBC | Dow drops 250 points as US crude falls CNBC U.S. stocks traded lower Tuesday as renewed declines in oil prices weighed amid mixed reaction to some key earnings reports. The Dow Jones industrial average fell more than 250 points in morning trade. Goldman Sachs, Chevron and Exxon Mobil were the ... Exxon Slashes Drilling Budget to 10-Year Low Amid Crude Slump Exxon Mobil profits fall 57 percent, but oil giant avoids losses Exxon's quarterly and annual profits plunge with oil prices |