{"id":263681,"date":"2025-10-31T22:11:13","date_gmt":"2025-10-31T22:11:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/263681\/"},"modified":"2025-10-31T22:11:13","modified_gmt":"2025-10-31T22:11:13","slug":"exxon-and-chevron-cut-divergent-paths-as-global-oil-glut-looms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/263681\/","title":{"rendered":"Exxon and Chevron Cut Divergent Paths as Global Oil Glut Looms"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">North America\u2019s two dominant oil companies are carving divergent paths as the global crude market staggers toward what\u2019s widely expected to be a hefty supply glut.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/XOM:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Exxon Mobil Corp. <\/a>is pressing ahead with a raft of expansion projects, even as OPEC and its allies increase production and oil futures hover near a four-year low. Chevron Corp. meanwhile is positioning itself to wring cash from existing operations to weather the market downturn.<\/p>\n","protected":false},"excerpt":{"rendered":"North America\u2019s two dominant oil companies are carving divergent paths as the global crude market staggers toward what\u2019s&hellip;\n","protected":false},"author":2,"featured_media":263682,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[7761,28,4591,17557,141923,3055,5240,11520,141924,112,4265,44453],"class_list":["post-263681","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-acquisitions","tag-business","tag-cash-flow","tag-chevron-corp","tag-darren-w-woods","tag-debt","tag-exxon-mobil-corp","tag-generic-1st-cl-future","tag-guyana","tag-markets","tag-north-america","tag-organization-of-the-petroleum-exporting-countries"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/263681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=263681"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/263681\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/263682"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=263681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=263681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=263681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}