Key Takeaways Exxon Mobil Corp. said lower oil and gas prices will impact current quarter profit by up to $1.9 billion.The energy giant expects the earnings impact of the price drop in liquids would be between $800 million and $1.

"ExxonMobil expects $1.5bn hit to Q2 earnings from lower oil and gas prices" was originally created and published by Offshore Technology, a GlobalData owned brand.

Meanwhile, gas price fluctuations could cause ExxonMobil’s haul to drop by anywhere between $300 million and $700 million, the US supermajor cautioned. Those ranges suggest a commodity fluctuation impact of anywhere from $1.1 billion to $1.9 billion, assuming the worst scenario is realised.