Wall Street Journal | Low Crude Prices Hammer Big Oil Companies Wall Street Journal The decline in Exxon's net income to $1.7 billion, compared with $4.19 billion in the same three-month period a year earlier, far exceeded the fall in oil prices, which were down by about 26% over the same time. Exxon, Chevron, BP, Shell and French oil ... Exxon, Chevron earnings sink as oil tumbles Oil rout erodes second-quarter profits for US majors Exxon, Chevron This Is Why Oil Firms Suffered Another Awful Earnings Season |