Exxon Reaps Record Oil-Refining Profits on War-Driven Gasoline, Diesel Spikes

ExxonMobil Holdings Corp. reported refining profits at an all-time high in the latest quarter, driven by increased gasoline and diesel prices. The company attributed the gains to supply disruptions related to conflicts in the Persian Gulf and Russia. ExxonMobil's results exceeded analyst expectations.

• Bloomberg — Exxon Reaps Record Oil-Refining Profits on War-Driven Gasoline, Diesel Spikes

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