The rise in oil prices is driving profits of Aramco, Lukoil, Exxon, Shell, and others to soar. Guardian report.
The war on Iran has pushed oil prices to $100 a barrel, giving major oil companies over $30 million an hour in extraordinary profits. If the price holds, the sector will earn $234 billion by the end of the year, while families and businesses pay higher bills. The Guardian article.
The Gulf War as seen by ExxonMobil, Chevron, BP, Shell, and Total. FT Report
Earnings, uncertainties, and scenarios for ExxonMobil, Chevron, BP, Shell, and Total from the Gulf War. The Financial Times article taken from Liturri’s review.
