Exxon Mobil Reports Significant Profit Gains Amid High Crude Prices

ExxonMobil (XOM) has disclosed preliminary figures showing a substantial profit increase due to higher crude oil prices in Q2, with gains from refining and chemical operations partially offset by production losses. The company expects full results on July 31.

By Mwangi Enos · TheStreet ·

Exxon Mobil Reports Significant Profit Gains Amid High Crude Prices

Tickers: $XOM

Topics: Exxon Mobil earnings Middle East disruptions oil prices refining margins

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