Global energy firms are carefully developing new oil and gas projects—mostly outside the United States.
Yahoo Finance’s Ines Ferre joins the Live show to discuss Exxon Mobil’s record profit earnings.
Shares of ExxonMobil (NYSE: XOM) rose 2.2% on Tuesday after the oil and gas titan capped off a blockbuster performance in 2022. Conflict in Ukraine, and the sanctions many governments placed on Russia to help bring about the war's end, have disrupted energy markets. ExxonMobil has worked to meet the world's critical need for dependable energy sources.