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Oil giants rake in steep profits amid high energy prices

Por: Portland Press Herald World October 28, 2022

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A driver fills up a vehicle at Bob and Mike’s Mini Mart on Tuesday August 30 2022. Derek Davis/Staff Photographer/Associated Press Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income. The Irving, Texas company said Friday that it booked $112.07 billion in quarterly... + full article



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