ExxonMobil, Shell lead Big Oil's eye-watering $221 billion profit binge that Biden has slammed as 'outrageous'

ExxonMobil, Shell lead Big Oil's eye-watering $221 billion profit binge that Biden has slammed as 'outrageous'

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Oil refinery Andrey Rudakov/Bloomberg Oil majors posted record profits for 2022, benefiting from the energy-market turmoil triggered by Russia's invasion of Ukraine. US President Joe Biden thinks it's 'outrageous', saying the firms invested too little of such profits to boost output. Exxon Mobil,…

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