EconomyPetrol prices strain US households as Chevron, Exxon profits soar

Rising petrol prices are putting greater pressure on households across the United States. Low-income families are bearing the heaviest burden, spending more than 10 percent of their monthly income on petrol. At the same time, oil giants Chevron and Exxon are reporting sharply higher profits, highlighting the contrast between household costs and major energy companies’ earnings.

petrol pricesUS economyChevronExxon

AAl Jazeera★★★☆☆2026-08-03 23:02Original