Profits for Exxon Mobil and Chevron were slammed by slumping fuel margins as the prospect of U.S. tariffs on two major oil suppliers threatens to make the refining business even worse.
That's the record amount Exxon Mobil distributed to shareholders last year, despite a fall in annual profit. Meantime, rival Chevron boosted dividends and share repurchases to $27 billion. Dig deeper: ...