oil companies

US President Joe Biden has called on the FTC to investigate whether the country’s biggest oil companies are engaged in potentially illegal conduct. And that in turn is resulting in higher prices for Americans. Biden said there was…
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Profits soared at America’s two largest oil companies, as ExxonMobil and Chevron both benefited from the recent run-up in oil prices. ExxonMobil posted a net income of $6.8bn, whilst Chevron reported an adjusted profit of $5.7bn. But…
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