War-Driven Refining Boom Lifts Big Oil Earnings, but the Upside Is Fragile
Energy

War-Driven Refining Boom Lifts Big Oil Earnings, but the Upside Is Fragile

Record refining margins driven by the Iran conflict and Russian supply losses are turbocharging Big Oil profits. The win...

Aoife Keane 👁 39 💬 0
Trump Calls on Oil Companies to Cut Gasoline Prices, Calls Out Chevron CEO
Energy

Trump Calls on Oil Companies to Cut Gasoline Prices, Calls Out Chevron CEO

President Trump again pressed U.S. oil companies to cut fuel prices immediately, faulting Chevron CEO Mike Wirth for not...

Aoife Keane 👁 31 💬 0
Diesel Prices Keep Climbing: Refining Margins, Not Just Crude, Are to Blame
Personal Finance

Diesel Prices Keep Climbing: Refining Margins, Not Just Crude, Are to Blame

Slovenian diesel rose for a fifth straight week to €1.882 a litre even as gasoline fell — as ECB data shows refining mar...

Shira Katz 👁 33 💬 0
ExxonMobil and Chevron Post Multi-Billion Q2 Profits as Hormuz Strife Drives Record Refining Margins
Energy

ExxonMobil and Chevron Post Multi-Billion Q2 Profits as Hormuz Strife Drives Record Refining Margins

ExxonMobil netted $14.5 billion and Chevron $12.1 billion in the second quarter, fuelled by war in Iran and a bottleneck...

Aoife Keane 👁 33 💬 0