Exxon Mobil quarterly profit up nearly 2 percent
Exxon Mobil Corp's
The company posted net income of $9.4 billion, or $1.97 per share, compared with $9.25 billion, or $1.85 per share, in the year-ago period.
Total revenue rose 16 percent to $121.61 billion.
Oil companies around the world benefited from a jump in oil prices. Crude futures traded in New York jumped about 25 percent to end the fourth quarter at $98.83 per barrel. Brent prices gained 5 percent during the quarter.
(Reporting By Ernest Scheyder, editing by Dave Zimmerman)
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