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Giant fossil fuel companies made about $12,000 in the time it took you to read this headline

Oxfam says the six companies will earn $94 billion in 2026 as conflict-driven supply shocks push oil prices higher.

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By Laura Paddison, CNN (CNN) — Six of the world’s biggest fossil fuel companies are on track to make almost $3,000 in profits every single second this year, according to a new report, as households across the world grapple with soaring energy prices and inflation, which are driving a cost-of-living crisis. Chevron, Shell, BP, ConocoPhillips, Exxon and TotalEnergies will make $2,967 a second in profits in 2026, an analysis from the non-profit Oxf…

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Large Fossil Fuel Companies Earned Around Us$12,000 in the Time It Took You to Read This Headline

Six of the world’s largest fossil fuel companies are on track to earn nearly $3,000 in profits every second of this year, according to a new report. In parallel, households around the world are facing the...

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+3 Reposted by 3 other sources
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Giant fossil fuel companies made about $12,000 in the time it took you to read this headline

Six of the biggest oil and gas giants will make almost $3,000 in profits every second this year, a new report finds, as households grapple with soaring energy prices

·Atlanta, United States
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CNN broke the news in Atlanta, United States on Monday, April 27, 2026.
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