EPISODE · Jun 18, 2026 · 8 MIN
How Exxon and Chevron Lost Seven Percent in a Week
from The Quarterly Review with Fexingo: Earnings, Reporting, and Performance Analysis for Businesses · host Fexingo
Lucas and Luna dissect the surprising 6.9% and 7.6% drops in Exxon and Chevron during a week when most markets rallied. They trace the catalyst to the reopening of the Strait of Hormuz after the Iran peace deal, and explain why the market is pricing in a structural oil glut that OPEC itself dismisses. The episode walks through the numbers: how crude prices fell, what it means for integrated oil earnings, and whether the selloff is an overreaction or a new equilibrium. Along the way, they touch on why bank stocks like JPMorgan gained 2.6% as oil fell, and what the rotation out of energy tells us about sector positioning in late June 2026. #ExxonMobil #Chevron #OilPrices #StraitOfHormuz #IranPeaceDeal #EnergyStocks #MarketRotation #JPMorgan #BankStocks #Selloff #OPEC #OilGlut #CrudeOil #Earnings #Business #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
What this episode covers
Lucas and Luna dissect the surprising 6.9% and 7.6% drops in Exxon and Chevron during a week when most markets rallied. They trace the catalyst to the reopening of the Strait of Hormuz after the Iran peace deal, and explain why the market is pricing in a structural oil glut that OPEC itself dismisses. The episode walks through the numbers: how crude prices fell, what it means for integrated oil earnings, and whether the selloff is an overreaction or a new equilibrium. Along the way, they touch on why bank stocks like JPMorgan gained 2.6% as oil fell, and what the rotation out of energy tells us about sector positioning in late June 2026. #ExxonMobil #Chevron #OilPrices #StraitOfHormuz #IranPeaceDeal #EnergyStocks #MarketRotation #JPMorgan #BankStocks #Selloff #OPEC #OilGlut #CrudeOil #Earnings #Business #Finance #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo
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How Exxon and Chevron Lost Seven Percent in a Week
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