ExxonMobil Signals $4.5 Billion Third-Quarter Refining Profit Boost
ExxonMobil said higher refining margins could boost downstream profit by $4.5 billion in the third quarter compared with the previous three months.
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UPDATE 1 — ExxonMobil signals $4.5 billion refining earnings boost as margins soar
(Adds details) By Sheila Dang Oct 16 (Reuters) — ExxonMobil signaled on Friday that higher refining margins during the third quarter could boost its downstream profit by $4.5 billion compared with the previous three months. Refining margins have soared due to the ongoing Iran war, which has restricted energy exports th