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COVERAGE GAP

Oil Giants Profit from Iran War

ExxonMobil and Chevron reported surging profits as Iran war drives up oil prices.

COVERAGE GAPLEFT SOURCES ONLY

WHAT'S CONFIRMED

  • Major oil companies posted higher second-quarter profits due to rising crude prices. CNBC, Bloomberg Markets

NOT REPORTED ELSEWHERE

  • ExxonMobil narrowly missed profit forecasts despite soaring crude prices and widened fuel margins. Bloomberg Markets
  • Chevron expects fuel-making margins to remain elevated as long as energy markets stay under stress. Bloomberg Markets

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