Imperial Oil Ltd. reported net income of $1.7 billion, up from $813 million a year earlier. Read more.
cooled from the 14-year highs they reached in the first half of 2022, but were still nine per cent higher year-over-year during the quarter as Western sanctions contained Russian supply and OPEC+ made steep cuts to production.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
The producer and refiner’s crude capacity utilization was 101 per cent, its highest ever, resulting in total throughput of 433,000 barrels per day for the fourth quarter.
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