Big Oil profits up as Iran war keeps prices elevated
Synopsis European and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four percent year-on-year. American energy
Synopsis European and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four percent year-on-year. American energy companies also posted enormous profits last week. Consumers face higher costs for fuel and air travel globally. Oil prices have recently fallen after potential diplomatic progress.
The BriefWire