Exxon Reaps Record Oil-Refining Profits on War-Driven Gasoline, Diesel Spikes

ExxonMobil Holdings Corp. surpassed profit expectations on the strength of surging gasoline and diesel prices that pushed refining results to an all-time high as conflicts in the Persian Gulf and...

By Kevin Crowley · Bloomberg Markets

ExxonMobil Holdings Corp. surpassed profit expectations on the strength of surging gasoline and diesel prices that pushed refining results to an all-time high as conflicts in the Persian Gulf and Russia upended energy markets.