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The Latest Breaking News from Darren Woods

Oil company profits boom as Americans reel from high fuel prices

ExxonMobil posts second-quarter profits of $17.85bn – four times last year’s figure – with Chevron making $11.62bn

The Guardian - US

Petrol price investigation: who owns the UK’s oil refineries?

As the competition watchdog investigates profit margins, here are six of the largest refiners and the corporate interests behind them

The Guardian - UK

Qatari emir and Elon Musk speak on day 2 of Qatar Economic Forum

Delegates at the economic forum discussed diversifying economies, while Musk gave updates on Twitter acquisition.

Al Jazeera

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Stock Wars: Chevron Vs. ExxonMobil

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

No, Gas Prices Didn't Spike Because of 'Corporate Greed'

Corporations were just as greedy when prices fell in 2019 and early 2020.

Reason

Democrats accuse oil companies of 'rip off' on gas prices

House Democrats are accusing oil companies of “ripping off the American people” and putting profits before production as Americans suffer from higher gasoline prices amid the war in Ukraine

The Independent UK

Executives due at gas price hearing gave $1 million to parties, candidates

One CEO called to testify about high gas prices at a hearing Wednesday gave $469,000 since 1993, public records show.

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