Exxon Expects Yet Another Strong Quarter ...Middle East

Exxon expects to book another strong quarter in financial results, with profit for October-December 2022 seen at $15.4 billion, according to a securities filing Reuters quoted in a report. Analysts have estimated that the supermajor’s full 2022 net profit could hit $56 billion, which would be a record high. The record result would come on the back of wild price volatility for most of 2022. According to preliminary operational figures for Exxon, its net profit for the full year could in fact reach $58 billion, Reuters noted in its report.…

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