US oil giants reap windfall profits amid price spike
Jul 30th 2022 12:39am EDT
Some firms have seen boosts in quarterly profits exceeding 200% compared to last year US oil firms ExxonMobil and Chevron have reported record profits, reaping tens of billions of dollars due to a major surge in prices fueled by conflict in Eastern Europe and a months-long Western sanctions spree on Russia, a major global exporter. […]
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