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The crew is on board a "Devon" oil tanker when it sails over the Persian Gulf to the Iranian oil pipeline Kharq Island on March 23, 2018.
>> Oil and gas companies publish fantastic profits.
The crew is on board a "Devon" oil tanker when it sails over the Persian Gulf to the Iranian oil pipeline Kharq Island on March 23, 2018.
>> Oil and gas companies publish fantastic profits.
Photo: Ali Mohammadi, Bloomberg
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Exxon Mobil
2018 earnings for the third quarter: $ 6.2 billion
Third quarter revenue for 2017: $ 4 billion
Percentage change: About 55 percent
Exxon Mobil
2018 earnings for the third quarter: $ 6.2 billion
Third quarter revenue for 2017: $ 4 billion
Percentage change: About 55 percent
Photo by Mark Humphrey, AP
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Chevron
2018 earnings for the third quarter: $ 4 billion
Third quarter revenue for 2017: $ 1.9 billion
Percentage change: Up to 107 percent
Chevron
2018 earnings for the third quarter: $ 4 billion
Third quarter revenue for 2017: $ 1.9 billion
Percentage change: Up to 107 percent
Photo by Alan Diaz, AP
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Resources EOG
2018 earnings for the third quarter: $ 1.2 billion
Third quarter revenue for 2017: $ 100 million
Percentage change: Up to 1,100 percent
Resources EOG
2018 earnings for the third quarter: $ 1.2 billion
Third quarter revenue for 2017: $ 100 million
Percentage change: Up to 1,100 percent
Photo: Billy Smith II, Chronicle
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ConocoPhillips
2018 earnings for the third quarter: $ 1.9 billion
Third quarter revenue for 2017: $ 420 million
Percentage change: Up to 352 percent
ConocoPhillips
2018 earnings for the third quarter: $ 1.9 billion
Third quarter revenue for 2017: $ 420 million
Percentage change: Up to 352 percent
Photo by F. Carter Smith, COURTESY PHOTO
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Phillips 66
2018 earnings for the third quarter: $ 1.5 billion
Third quarter revenue for 2017: $ 823 million
Percentage change: About 82 percent
Phillips 66
2018 earnings for the third quarter: $ 1.5 billion
Third quarter revenue for 2017: $ 823 million
Percentage change: About 82 percent
Photo by Daniel Acker / Bloomberg
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LyondellBasell
2018 earnings for the third quarter: $ 1.1 billion
Third quarter revenue for 2017: $ 1.1 billion
Percentage change: Even
LyondellBasell
2018 earnings for the third quarter: $ 1.1 billion
Third quarter revenue for 2017: $ 1.1 billion
Percentage change: Even
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Valero
2018 earnings for the third quarter: $ 856 million
Third quarter revenue for 2017: $ 841 million
Percentage change: 2 percent
Valero
2018 earnings for the third quarter: $ 856 million
Third quarter revenue for 2017: $ 841 million
Percentage change: 2 percent
Photo by Paul Sakuma, STF / AP
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Kinder Morgan
2018 earnings for the third quarter: $ 693 million
Third quarter revenue for 2017: $ 334 million
Percentage change: Up to 107 percent
Kinder Morgan
2018 earnings for the third quarter: $ 693 million
Third quarter revenue for 2017: $ 334 million
Percentage change: Up to 107 percent
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Schlumberger
2018 earnings for the third quarter: $ 644 million
Third quarter revenue for 2017: $ 545 million
Percentage change: About 18 percent
Schlumberger
2018 earnings for the third quarter: $ 644 million
Third quarter revenue for 2017: $ 545 million
Percentage change: About 18 percent
Photo by Jacob Ford, Associated Press
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Halliburton
2018 earnings for the third quarter: $ 435 million
Third quarter revenue for 2017: $ 365 million
Percentage change: Up to 8 percent
Halliburton
2018 earnings for the third quarter: $ 435 million
Third quarter revenue for 2017: $ 365 million
Percentage change: Up to 8 percent
Photo by Steve Gonzales, Houston Chronicle
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TechnipFMC
2018 earnings for the third quarter: $ 137 million
Third quarter revenue for 2017: $ 121 million
Percentage change: 13 percent
TechnipFMC
2018 earnings for the third quarter: $ 137 million
Third quarter revenue for 2017: $ 121 million
Percentage change: 13 percent
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Baker Hughes
2018 earnings for the third quarter: $ 13 million
2017 third quarter loss: $ 134 million
Percentage change: Up to 101 percent
Baker Hughes
2018 earnings for the third quarter: $ 13 million
2017 third quarter loss: $ 134 million
Percentage change: Up to 101 percent
Photo: Houston Chronicle
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National Oilwell Varco
2018 earnings for the third quarter: 1 million dollars
2017 third quarter loss: $ 26 million
Percentage change: Up to 101 percent
National Oilwell Varco
2018 earnings for the third quarter: 1 million dollars
2017 third quarter loss: $ 26 million
Percentage change: Up to 101 percent
Photo by Katherine Feser, Houston's Chronicle
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Weatherford
2018 Third Quarter Loss: $ 199 million
2017 third quarter loss: $ 256 million
Percentage change: About 22 percent
Weatherford
2018 Third Quarter Loss: $ 199 million
2017 third quarter loss: $ 256 million
Percentage change: About 22 percent
Photo by Eddie Seal, Bloomberg
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Transocean
2018 Third Quarter Loss: $ 409 million
2017 third quarter loss: $ 1.4 billion
Percentage change: Up to 242 percent
Transocean
2018 Third Quarter Loss: $ 409 million
2017 third quarter loss: $ 1.4 billion
Percentage change: Up to 242 percent
Photo: TransOcean
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Photo: Ali Mohammadi, Bloomberg
The crew is on board a "Devon" oil tanker when it sails over the Persian Gulf to the Iranian oil pipeline Kharq Island on March 23, 2018.
>> Oil and gas companies publish fantastic profits.
The crew is on board a "Devon" oil tanker when it sails over the Persian Gulf to the Iranian oil pipeline Kharq Island on March 23, 2018.
>> Oil and gas companies publish fantastic profits.
Photo: Ali Mohammadi, Bloomberg
Oil growth is down 7-month, as global anxiety offer is easy
Oil has fallen to a seven-month low as concerns have said that US sanctions against Iran will push global supplies.
Raw material settled in New York on Monday after it climbed earlier when US sanctions against OPEC producer No. 3 officially kicked off. The Trump administration has given up giving up China and seven other major buyers to continue buying Iranian raw materials. Meanwhile, expanding domestic supplies have curbed concerns about tightening global supply.
"The reality of the tax exemption is that there will be some Iranian oil on the market, but it will still be the amount the market will miss," said John Kilduff, a partner in New York's hedge fund called Again Capital LLC.
RELATED: It's an Iranian puzzle about oil. And bears are victories
Oil has fallen from a four-year high last month, as speculation has grown so that Washington will grant exemptions from the fall in gas prices before the US mid-term elections, while other oil-exporting producer organizations have pledged to offset any shortfalls in supply. Meanwhile, the trade war between the world's two largest economies has raised concern that fuel demand will suffer, even though President Donald Trump said he wants to reach an agreement with China.
In the main oil pipeline in Cushing, Oklahoma, crude stocks last week increased by 2.1 million barrels, according to a forecast compiled by Bloomberg.
Western Texas's month-on-month gross delivery for December lost 4 cents to end a session at $ 63.10 a barrel on the New York Mercantile Exchange. Futures moved 6.6 percent last week. The total volume traded on Monday was roughly 10 percent lower than the average of 100 days.
PREVIOUSLY: Iran sanctions with the biggest disruption of oil in years
Brent futures for this year's settlement have added 34 cents on a settlement of $ 73.17 on the ICE Futures Europe stock exchange in London. Global benchmark raw material was traded for $ 9.96 for WTI for the same month.
US Secretary of State Mike Pompeo said the exception would allow only temporary purchases of Iranian raw material. Iran may either change its behavior or see its collapse of the economy, he said.
© 2018 Bloomberg L.P.