Here’s something that doesn’t make intuitive sense: oil prices had their worst year since 2020. Crude got absolutely demolished. Supply was everywhere. Prices were in the basement. And yet ExxonMobil just posted quarterly earnings that beat Wall Street expectations. How does that even happen when the fundamental commodity they sell collapsed? The answer is that […]

The postExxon crushes earnings despite oil prices tankingappeared first onRolling Out.