Reuters: Exxon and Chevron are ready to record unprecedented profits as oil prices surge
🇺🇸⚡ Reuters: US oil giants are expected to post their strongest quarterly profits since 2022, with predictions that Exxon Mobil and Chevron will report more than triple their profits from the first quarter, as rising oil prices and tight fuel markets have boosted profit margins. Strong results could create tensions with Donald Trump, who has asked the industry to reduce gas prices before the midterm elections in…
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