Business & Economy · 2 views
Exxon and Chevron report massive profits after Trump brags U.S. energy companies are ‘making a freaking fortune’ just before midterms
ExxonMobil and Chevron reported profits Friday from almost $10 billion to over $15 billion amid the Iran war that’s triggering high oil prices and skyrocketing refining margins.
Summary
ExxonMobil and Chevron reported profits Friday from almost $10 billion to over $15 billion amid the Iran war that’s triggering high oil prices and skyrocketing refining margins. Big Oil’s big earnings come amid President Donald Trump touting the “freaking fortune” U.S. oil companies are raking in during rallies ahead of the Nov. 3 midterm elections.
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