EconomyExxon, Chevron earnings lifted by war-driven refining surge
U.S. oil majors ExxonMobil and Chevron both reported quarterly profits above analyst expectations on Friday. Surging refining margins boosted earnings from their fuel businesses, which usually make less profit, to levels comparable with their upstream segments.
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Reuters★★★☆☆2026-10-30 15:50Original
Exxon, Chevron earnings lifted by war-driven refining surge
Economy