Exxon, Chevron profits to get China reopening boost – DW

Exxon, Chevron profits to get China reopening boost – DW

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The five largest Western oil firms announced nearly $200 billion in profits after the Ukraine war sent energy prices soaring. Strong Chinese oil demand could mean more bumper payouts alongside calls for windfall taxes. Financial markets were stunned in April 2020 when the price of oil turned…

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