American oil giants Exxon Mobil and Chevron have reported a decline in profits, largely attributed to decreasing energy demand and the impact of global economic conditions, including ongoing tariffs and a slowdown in crude prices. Despite these challenges, Exxon Mobil has demonstrated resilience by exceeding Wall Street profit estimates, bolstered by production growth in the Permian Basin and Guyana. The company maintains its stock buyback plans and has outlined ambitious projects expected to generate significant earnings. As both companies navigate this volatile market, investors are keenly watching their strategies in response to external pressures.