Exxon Mobil, the world’s largest publicly traded oil company, reported on Thursday that second-quarter income rose 14 percent, to $11.68 billion, the highest-ever for an American company.
Revenue rose 40 percent, to $138.1 billion, from $98.4 billion in the quarter a year ago.
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This seems to defy any rational explanation. At least to me.
Thursday, July 31, 2008
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