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Exxon, Chevron Earn $26.5B as Fuel Prices Stay High
News/Insight Energy

Exxon, Chevron Earn $26.5B as Fuel Prices Stay High

Exxon Mobil and Chevron reported a combined $26.5 billion in second-quarter net profit, benefiting from strong refining margins and elevated fuel prices as geopolitical tensions in the Middle East continued to reshape global energy markets. Exxon posted $14.5 billion in quarterly earnings, roughly double the level recorded a year earlier and its strongest quarterly

By Rahul Bisht
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