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Exxon and Chevron Report More Modest Profits as Oil Prices Ease

The oil industry enjoyed record profits in 2022 after Russia invaded Ukraine, but the prices of oil and natural gas have fallen sharply in recent months.

Clifford Krauss
Author: Clifford Krauss

Written by

Clifford Krauss

in

Chevron Corporation, Company Reports, Electric and Hybrid Vehicles, Embargoes and Sanctions, Exxon Mobil Corp, Heating, International Trade and World Market, Natural Gas, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Production, Russian Invasion of Ukraine (2022), Stocks and Bonds
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