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Sheila Dang on Muck Rack

Sheila Dang

Verified
Houston
As seen in: Reuters, Folha de S.Paulo, MSN, MSN Australia, MSN Brasil, MSN Canada, MSN Ireland, MSN Malaysia, MSN Mexico, MSN Money Canada, MSN New Zealand and
Energy correspondent @Reuters | Signal username: sheiladang.43 | sheila.dang@tr.com

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ExxonMobil signals $4.5 billion refining earnings boost as margins soar

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By Sheila Dang Verified
| WTHI-FM (Terre Haute, IN) Verified
By Sheila Dang Oct 16 (Reuters) – ExxonMobil signaled on Friday that higher refining margins during the third quarter could boost its downstream profit by $4.5 ​billion compared with the previous three months. Refining margins ‌have soared due to the ongoing Iran war, which has restricted energy exports through the Strait of Hormuz, as well as Ukrainian attacks on Russian refineries.
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