Exxon smashes Western oil majors' profits with $56 billion in 2022

Exxon smashes Western oil majors' profits with $56 billion in 2022

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Corp (NYSE: ) posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about $6.3 million per hour last year, and setting not only a company record but a historic high for the Western oil industry. Oil majors are expected to break their own annual records on high prices…

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