Exxon, Chevron earnings propelled by war-driven refining surge

By Sheila Dang HOUSTON, Oct 30 (Reuters) – US oil majors ExxonMobil and Chevron both beat analyst expectations for quarterly profit on Friday, as soaring refining margins increased earnings from their fuel-making businesses – which typically have smaller profits – to rival the upstream segments. The US-Israeli war with Iran and the conflict between Russia and Ukraine have disrupted global energy…

Big Oil Scores $56 Billion Windfall on Spiking Fuel Prices — Bloomberg · Left
Exxon Reaps Record Oil-Refining Profits on War-Driven Gasoline, Diesel Spikes — Bloomberg · Left
Exxon, Chevron earnings propelled by war-driven refining surge — Salem Radio Network News · Right
Big Oil scores $56 billion windfall on spiking fuel prices — Troy Record
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Exxon, Chevron earnings propelled by war-driven refining surge — Upstract
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