Refining’s silver lining loses luster at Exxon and Chevron

30 April 2016, Houston — Exxon Mobil Corp and Chevron Corp on Friday reported their most dismal quarterly results in more than a decade of low oil prices and an oversupplied fuel market that hurt what had been lucrative refining margins. As crude prices slid 60 percent from mid-2014, large integrated energy companies have touted […] More »