![Big Oil Set To Report Record $200 Billion Profits For 2022](https://cdn.newsserve.net/ONPglobe256.png)
Big Oil Set To Report Record $200 Billion Profits For 2022
The industry, the top performer in the S&P 500 index over the past year, has boosted dividends and share buybacks in recent quarters thanks to the massive cash flows. Although oil prices traded below $90 per barrel in the last weeks of 2022 and prices increased on an annual basis by only around…
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