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Exxon made US$160 million per day in last quarter as oil prices surged

(CNN) Big Oil is minting money. ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits on Friday driven by the spike in global oil prices unleashed by the US-Iran war. Exxon raked in US$14.5 billion in profit during the second quarter, more than doubling its year-earlier earnings and its highest haul since […] The post Exxon made US$160 million per day in last quarter as oil prices surged appeared first on Kaieteur News.

By KNEWS

Published 4d ago1 min read

Exxon made US$160 million per day in last quarter as oil prices surged
Image via Kaieteur News.

(CNN) Big Oil is minting money. ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits on Friday driven by the spike in global oil prices unleashed by the US-Iran war. Exxon raked in US$14.5 billion in profit during the second quarter, more than doubling its year-earlier earnings and its highest haul since […] The post Exxon made US$160 million per day in last quarter as oil prices surged appeared first on Kaieteur News .

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