Tag

Oil Profits

All articles tagged with #oil profits

Trump targets oil profits as Iran conflict boosts energy giants
us-news2 hours ago

Trump targets oil profits as Iran conflict boosts energy giants

Trump criticizes oil majors for ‘making too much money’ from market disruption tied to his Iran war, pointing to ExxonMobil and Chevron’s record quarterly profits, while the briefing also covers tariffs on imports, an ICE detention death, a controversial Parti/Blanche- Pirro leadership moment, a urged censure for Rep. Chuck Edwards, and other US and global briefings.

Aramco's Q3 Profit Rises on Increased Production
business9 months ago

Aramco's Q3 Profit Rises on Increased Production

Saudi Aramco reported a 0.9% increase in third-quarter net profit to $27.98 billion, surpassing expectations due to higher production despite declining oil prices. The company also announced a dividend and made strategic acquisitions, including a stake in Petro Rabigh and an AI firm, amid OPEC+ production adjustments and Western sanctions on Russia.