Five global oil giants earned $48 billion in Q2 as oil prices soared past $100 per barrel, fueled by US-Iran tensions, sparking debates over high fuel costs.
The windfall comes as oil prices soared above $100 per barrel
Aug 10, 2026
03:04 pm
What's the storyFive of the world's largest oil companies, Exxon Mobil, Chevron, BP, Shell and TotalEnergies, have reported a combined profit of $48 billion in the second quarter.
The windfall comes as oil prices soared above $100 per barrel amid rising hostilities between the US and Iran.
Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2,…
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