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BullishMEDIUM severityEnergy & Commodities24d ago

Major oil companies report sky-high earnings off higher crude prices

Reported by NPR Business · npr.org · July 31, 2026

$XOM$CVX
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Shell, Exxon and Chevron report their quarterly earnings this week, and are expected to announce high profits.

What the tape says

What to watch: Rising prices support upstream producers; refiners with spot exposure benefit most.

Market reaction today: $XOM -0.64%, $CVX -1.06%

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