New York Times | Exxon Mobil and Shell Earnings Reflect Oil Prices' Plunge New York Times Exxon Mobil and Royal Dutch Shell on Thursday reported sharply lower quarterly earnings, as improved profits from marketing and refining were offset by the impact of the plunge in oil prices since last summer. The results were somewhat better than ... Majors' Quandary: Why Drill for Oil When They Can Buy Somebody Else's? Low oil price weighs on ExxonMobil and ConocoPhillips Exxon's 1Q Profit Falls 46 Percent Amid Decline in Oil Price |