130 billion dollar profit of the American oil giants from the war According to the investigation of the "New York Times" newspaper, more than 50 large American oil and gas companies earned more than 130 billion dollars in profits between April and September this year; A figure that is almost three times their profit in the same period last year. America's war against Iran and the disruption of global energy flow, especially in favor of American refineries, is over. The damage to refineries in the Middle East and Russia reduced global fuel supply and increased the profit margins of active refineries. American oil producers also made more money from rising oil prices without operating directly in war zones. On the other side of the story, American consumers paid a heavy price. According to Brown University calculations, from the beginning of the war until last week, American citizens spent 147 billion dollars more on gasoline and diesel; That is, on average, more than one thousand and 100 dollars additional cost for each household. ExxonMobil and Chevron also recorded significant profits in the third quarter; Exxon's earnings more than doubled Chevron's earnings nearly tripled. However, contrary to expectations, oil companies currently have no plans to massively increase production or expand refineries. Many of them preferred to use the liquidity from this momentum to settle debts, strengthen financial reserves and return funds to shareholders. Details of the report on the channel's global economy website.

130 billion dollar profit of the American oil giants from the war According to the investigation of the "New York Times" newspaper, more than 50 large American oil and gas companies earned more than 130 billion dollars in profits between April and September this year; A figure that is almost three times their profit in the same period last year. America's war against Iran and the disruption of global energy flow, especially in favor of American refineries, is over. The damage to refineries in the Middle East and Russia reduced global fuel supply and increased the profit margins of active refineries. American oil producers also made more money from rising oil prices without operating directly in war zones. On the other side of the story, American consumers paid a heavy price. According to Brown University calculations, from the beginning of the war until last week, American citizens spent 147 billion dollars more on gasoline and diesel; That is, on average, more than one thousand and 100 dollars additional cost for each household. ExxonMobil and Chevron also recorded significant profits in the third quarter; Exxon's earnings more than doubled Chevron's earnings nearly tripled. However, contrary to expectations, oil companies currently have no plans to massively increase production or expand refineries. Many of them preferred to use the liquidity from this momentum to settle debts, strengthen financial reserves and return funds to shareholders. Details of the report on the channel's global economy website.