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Exxon Confirmed a Big Write-Down. Another Quarterly Loss May Be on the Way. Exxon stock is lower after the energy giant said it sees a $20 billion asset write-down. It may incur a fourth-quarter loss as Exxon continues to grapple with the pandemic s effect on energy prices. Oil Declines as Vaccines Issues Persist U.S. oil prices declined Thursday and remained on course for a second straight weekly decline as the rollout of a coronavirus vaccine continued to hit speed bumps. Natural Gas Rises on Colder Weather Forecasts Natural gas prices notched an end-of-year bounce, closing 4.8% higher as weather forecasts begin to turn colder.

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