Taking advantage of the sharp increase in worldwide prices, the giant American oil company “Exxon Mobil” claimed record quarter profits for the three months ending in September.
The company stated in a statement that it won 19. 7 billion dollars, or 4 billion dollars more than the analysts expected, and almost the equivalent of the profits of “Apple”, according to the British newspaper “The Guardian”.
As the newest large oil company to post such staggering growth, “Exxon” profits for the third quarter broke the previous record of $ 17.9 billion set in the previous quarter.
The figures were released at the same time that the American oil corporation “Chevron” reported second-highest-ever quarterly profits of 11.2 billion dollars, outpacing previous analysts.
Exxon and Chevron, the two biggest oil firms in the United States, generated more than $30 billion in just three months.
Due to the high oil prices, oil companies have generally seen record profits in recent months.
The French business “Total Enege” posted profits of $ 10 billion, whereas the British corporation “Shell” reported profits of $9.5 billion for the same time period.
Sputnik and the British daily “The Guardian” are the sources.
The high global prices for oil have allowed Western oil companies to make historic profits.
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