Surging Oil Prices Lift Exxon

Exxon Mobil’s earnings rose 17% to $10.89 billion, boosted by surging crude-oil prices. But lower margins, lower production volumes and higher operating costs kept the energy giant from setting a new profit record. (Conference call transcript)

Surging Oil Prices Lift Exxon

Exxon Mobil’s earnings rose 17% to $10.89 billion, boosted by surging crude-oil prices. But lower margins, lower production volumes and higher operating costs kept the energy giant from setting a new profit record. (Conference call transcript)