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Pumped-up profits keep flowing for oil companies
The Exxon Mobil profit machine clocked in at $4.7 million per hour in the April-June period as soaring oil prices and higher output boosted its performance by 36 percent from a year ago.
The company’s $10.4 billion second-quarter profit, announced Thursday, was the second-best quarterly performance ever for a publicly traded company, drawing praise from Wall [...]
