Oil giant Exxon Mobil rakes in profit of $19.66 bn in Q3; revenue doubles
Exxon Mobil broke records again with its profits in the third quarter, raking in USD 19.66 billion in net income.
The Irving, Texas company said on Friday that it booked USD 112.07 billion in revenue during the quarter, more than double revenue last year during the same period.
Americans have struggled with painfully high gasoline prices in recent months, paying more than USD 4.80 on average for a gallon of regular at the beginning of July. Prices eased somewhat towards the end of the quarter, but customers were still paying more than USD 3.79 a gallon of regular, on average, in late September.
