Exxon's quarterly profit rises 69 percent

Reuters

HOUSTON (Reuters) - Exxon Mobil Corp's first-quarter profit rose 69 percent as the world's largest publicly traded oil company benefited from higher crude prices and better margins for its refineries.

The Irving, Texas, company reported a profit of $10.65 billion, or $2.14 per share, up from $6.3 billion, or $1.33 per share, a year earlier.

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(Reporting by Anna Driver in Houston; editing by John Wallace)

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