Saudi Aramco Reports $42 Billion in Profit as Cash Rolls In
The bumper earnings from the world’s largest oil company were, nonetheless, a slight decline on the previous quarter.
Posted inChipotle Mexican Grill Inc Company Reports Darden Restaurants Inc Food Inflation (Economics) Pepsico Inc Prices (Fares, Fees and Rates) Restaurants Supermarkets and Grocery Stores
Food Prices Soar, and So Do Companies’ Profits
Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered.
Posted inBiden, Joseph R Jr Chevron Corporation Company Reports Embargoes and Sanctions Exxon Mobil Corp International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Stocks and Bonds Strategic Petroleum Reserve (US) United States Economy
Exxon and Chevron Rack Up Giant Profits
Exxon Mobil and Chevron reported another round of strong profits. But they face political fire over gasoline prices, even as they fear a new downturn.
Posted inChevron Corporation Company Reports Embargoes and Sanctions Exxon Mobil Corp International Trade and World Market Natural Gas Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Production Stocks and Bonds Strategic Petroleum Reserve (US) United States Economy
Exxon and Chevron Rack Up Giant Profits
A fourth straight quarter of robust results came on the back of high oil and natural gas prices.