Exxon Mobil Corp has offered a glimpse of the scale of its nascent energy trading operation, disclosing operating profit and losses of about $230 million during each quarter last year, the first time it has revealed the figures. The world’s largest publicly traded oil producer last year launched a major push into energy trading, hiring veterans from Glencore, Noble Group, BP Plc and elsewhere in the United States, Europe and Asia. It also recruited market analysts and specialists with experience in crude, natural gas, gas-liquids and gasoline. The trading unit’s pre-tax gains and losses averaged $230 million in each quarter of 2018, according to a presentation delivered to analysts last week at the Scotia Howard Weil investor conference. For the full year, trading provided an operating profit of […]