Exxon (XOM) raised its expectations for capital expenditures in 2025 to be between $27 billion and $29 billion, while competitors like Chevron (CVX) tighten their spending amid a looming glut in oil (CL=F, BZ=F) supply. Catalysts Co-Hosts Seana Smith and Madison Mills break down the details.

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This post was written by Naomi Buchanan.