# ExxonMobil and Chevron post soaring profits as Trump touts high oil prices

https://mins.news/en/item/122627

- NBC News, 2026-10-30 14:35 UTC
- Economy
- Original: https://www.nbcnews.com/business/energy/exxonmobil-chevron-profits-trump-high-oil-prices-rcna606524

> ExxonMobil and Chevron, the two largest U.S. oil companies, reported exceptionally large profits as oil prices stayed sharply elevated because of the U.S. war with Iran. Trump promoted the benefits of high oil prices.

## Related coverage

- [Exxon, Chevron earnings lifted by war-driven refining surge](https://mins.news/en/item/122750) — Reuters, 2026-10-30
- [Chevron beats earnings expectations as high diesel prices lift refining profits](https://mins.news/en/item/122230) — CNBC, 2026-10-30
