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Big Oil's Record Profits Spark Debate Over High Fuel Prices and Economic Impact

World News

Big Oil's Record Profits Spark Debate Over High Fuel Prices and Economic Impact

Trump called out Big Oil profits. Here’s how much their refining earnings have surged since

CNBC

Trump called out Big Oil profits. Here’s how much their refining earnings have surged since

Trump criticized Big Oil for making "too much money," but oil majors have since reported surging refining earnings as fuel supplies tightened.

ExxonMobil and Chevron report blowout profits as Trump touts benefits of high oil prices

NBC News

ExxonMobil and Chevron report blowout profits as Trump touts benefits of high oil prices

The two largest U.S. oil companies, ExxonMobil and Chevron reported blowout profits as oil prices remain sharply elevated due to the U.S. war with Iran.

Chevron beats earnings expectations as refining profits soar on high diesel fuel prices

CNBC

Chevron beats earnings expectations as refining profits soar on high diesel fuel prices

Diesel prices have surged globally as Ukraine and Iran have bombed refineries in Russia and the Middle East.

Big Oil earnings are set to surge. Why investors may want to be cautious

CNBC

Big Oil earnings are set to surge. Why investors may want to be cautious

Big Oil earnings are coming. Why guidance could matter most and why the the charts suggest investors should be cautious.

Shell beats expectations with $10.8 billion profit, hikes buybacks

Business Standard

Shell beats expectations with $10.8 billion profit, hikes buybacks

Shell beat analyst estimates and increased share buybacks as stronger refining margins and higher LNG prices lifted quarterly net profit from $5.43 billion a year earlier

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