Oil companies that made a killing last year are now facing a reckoning

Upworthy

27 Jul 2023 0 shares 1 views

Oil companies that made a killing last year are now facing a reckoning

Oil companies that made a killing last year are now facing a reckoning

Upworthy

Published 27 Jul 2023

The oil and gas industry enjoyed a stellar summer in 2022, driven by tight supply linked to the Russian invasion of Ukraine, pushing prices to new heights. Despite soaring inflation and mass layoffs in other sectors, European powerhouses Shell and TotalEnergies emerged as clear winners,…

#russian #ukraine #totalenergies #waelsawan #brent #preukraine #colesmead #fortune #benvanbeurden

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