Imperial Oil posts 68% jump in second-quarter profit

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Imperial Oil posts 68% jump in second-quarter profit
Imperial OilCrude PricesIntegrated Oil Firm
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Extension of a production cut by OPEC+, forecast of strong travel demand and hopes of interest rate cuts by the U.S. Federal Reserve helped lift crude prices...

-Canada's Imperial Oil on Friday reported a 68% jump in second-quarter profit , as the integrated oil firm was helped by higher crude prices and production.

Upstream production rose 11.3% to 404,000 gross barrels of oil equivalent per day , its highest second-quarter production in over 30 years, after adjusting for the divestment of XTO Energy, the company said. International Olympics Committee Decries “Witch Hunt” As Boxing Gender Row Continues: “This Is A Minefield”

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Imperial Oil Crude Prices Integrated Oil Firm Second-Quarter Profit

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