Metals Will Be The Oil Of The Future

Metals Will Be The Oil Of The Future

Reuters

Exxon ‘back on track’ to meet target to double earnings -CEO

HOUSTON (Reuters) -Exxon Mobil Corp’s chief executive said on Wednesday the company is confident it will hit a target to double earnings and cash flow from operations, adding that consumers and governments must decide how quickly the world moves to cleaner fuels. The largest U.S. oil producer posted a historic loss of $22.4 billion in 2020 as oil prices tanked amid low fuel consumption during the coronavirus pandemic. “We are back on track to deliver the growth and earnings and cash flow we anticipated,” CEO Darren Woods said in an online event organized by the New York Times.

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