USD 80.5268

-0.16

EUR 93.3684

-1.09

Brent 66.42

-0.27

Natural gas 2.801

-0.01

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Exxon Mobil The Best Of All

Exxon Mobil's shares surged 43%

Exxon Mobil The Best Of All

The world?s biggest international oil company Exxon Mobil has overtaken General Electric as the world's most valuable public company due to high profits from record crude oil prices.

Exxon Mobil last month made a record $25.3 billion profit for 2004, and the company passed General Electric to become the largest corporation by stock market value.

Exxon Mobil?s shares surged 43% from a year ago, while GE's price slipped. Although Exxon has gained the top spot, the position could be reversed again with a change in the share price of the two.

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