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Exxon Mobil's Profit Jumped to $15.4 Billion Even as Sales Fell Short

Summary by Startup Fortune
Refining carried the quarter: Exxon cited record global refining utilization and diesel output near 1.1 million barrels a day year to date. Operating cash flow reached $25.7 billion, which supported a 4% dividend increase for the fourth quarter.
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The same shock that fills the vaults of the big oil tankers is emptying the wallet of those who supply the car. The big oil tankers have again won billions of dollars this quarter. ExxonMobil won 15.4 billion dollars, more than twice the same period last year, notes NPR. Shell almost doubled its profits, to 10.8 billion. Chevron rose 180%, to 9.9 billion. Together, the three raised just over 36 billion in a single quarter. British BP joined the …

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Kaieteur News broke the news in Georgetown, Guyana on Saturday, October 31, 2026.
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