
ExxonMobil records whopping $11.4bn profits in first quarter 2023
Oil giant, ExxonMobil has reported $11.4 billion as first-quarter profits, up from $5.5 billion a year earlier, a Reuters report has said. The US energy firm said cost-cutting measures also contributed to its record that is more than double in the first three months of this year, helped by the increased demand for oil and…