ExxonMobil and Chevron reported sharp profit increases, with Chevron's profit reaching $12.1 billion, more than five times last year's
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Summary
Chevron's profit reached 12.1 billion dollars, more than five times compared to the same period last year. ExxonMobil's profit more than doubled in the second quarter to 14.5 billion dollars. American oil companies ExxonMobil and Chevron on Friday announced significant profit growth, with the positive impact of the war in the Middle East according to AFP significantly outweighing negative factors.
Furthermore, Iran retaliated by attacking US allies in the Persian Gulf region and practically blocked the strategic Strait of Hormuz. On Monday he again criticized the high profits of oil companies and said he was "not satisfied" with them. "They should return part of it to the public and they should reduce retail prices, that is, prices for consumers," he said.
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Chevron's profit reached 12.1 billion dollars, more than five times compared to the same period last year.
reliability low1/2 sourcesExxonMobil's profit more than doubled in the second quarter to 14.5 billion dollars.
reliability low1/2 sourcesAmerican oil companies ExxonMobil and Chevron on Friday announced significant profit growth, with the positive impact of the war in the Middle East according to AFP significantly outweighing negative factors.
reliability low1/2 sourcesIran retaliated by attacking US allies in the Persian Gulf region and practically blocked the strategic Strait of Hormuz.
reliability low1/2 sourcesOn Monday he again criticized the high profits of oil companies and said he was "not satisfied" with them. "They should return part of it to the public and they should reduce retail prices, that is, prices for consumers," he said.
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