US oil giants ExxonMobil, Chevron beat profit forecasts as wars in Iran, Ukraine spike domestic refining
· livemint.com
ExxonMobil and Chevron posted stronger-than-expected quarterly profits amid soaring refining margins tied to disruptions in the Middle East and Russia-Ukraine war. Exxon’s refining earnings hit a record, and Chevron reported robust refinery activity.
Two US oil giants, ExxonMobil and Chevron, both beat analyst expectations for quarterly profit on Friday as domestic gasoline prices surged amid supply constrai...