Big Oil Set To Report Record $200 Billion Profits For 2022

Big Oil Set To Report Record $200 Billion Profits For 2022

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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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