What was the exact amount of ExxonMobil's second-quarter profit increase attributed to the war-driven oil rally, and how did other factors affect the net result?

ExxonMobil reported a $3.7 billion profit increase 'from the upsurge in crude markets' driven by the Iran conflict; this was augmented by an additional $3.3 billion in refining and chemical gains, but partially offset by approximately $1.2 billion in losses due to 'the interruption of Middle East production.'

How much profit will ExxonMobil record from derivative positions tied to physical cargo deliveries in Q2, and when is the full earnings report scheduled?

ExxonMobil will record 'about $2.6 billion in profit from derivative positions linked to physical deliveries of cargoes during the second quarter,' and the company is 'scheduled to release full results on July 31.'

Exxon Sees $3.7 Billion Profit Surge From War-Driven Oil Rally

Jul 7, 2026

ExxonMobil reported a $3.7 billion profit surge in the second quarter driven by higher oil prices amid the Iran conflict. The company also saw $3.3 billion in refining and chemical gains, partially offset by production interruptions in the Middle East.

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