Back in the black: Higher oil prices lift ExxonMobil, Chevron profits
NEW YORK: Profits at ExxonMobil and Chevron rebounded in the third quarter on strengthening oil and natural gas prices, according to results released Friday that underscored the industry’s improved financial position compared with the darkest days of the pandemic. After US oil futures sank into negative territory in spring 2020 on widespread Covid-19 restrictions, demand … Read more