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The Independent UK
The Independent UK
National
Cathy Bussewitz

Unprecedented profit for Exxon as travel, and war, heated up

Copyright 2023 The Associated Press. All rights reserved.

Exxon Mobil posted record annual profits in 2022 as consumers globally struggled with high prices for gasoline, home heating and consumer goods.

The energy giant brought in $55.7 billion in annual profits, exceeding its previous record of $45.22 billion in 2008, when a barrel of oil soared close to $150.

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