European Energy Giants Delare Record Profits
7 Articles
7 Articles
The rising oil prices due to the Iran war give European oil companies record profits.
news-pravda.com
rt-english.comEuropean energy giants delare record profits
For consumers, heating and electricity costs have spiked as a consequence of the US-Israeli war on Iran As European households struggled to pay their energy bills, the continent’s oil companies more than doubled their profits...
The Brent is installed at $115 and European oil companies double profits while Brussels dodges the rate to extraordinary profits.The ticket The price of Brent is installed at $115 and European oil companies double profits aparece primero en Moncloa.
European oil companies benefit from the high prices of crude oil due to the Iran war and the historically high margins in the refinery business. Shell companies in the UK, TotalEnergies in France and Repsol in Spain reported billions of profits in the third quarter on Thursday. The domestic OMV also greatly increased its profits. The call for over-profit taxes is again being voiced.
Iran's war drives oil and gas prices up – shell, total energy and repsol report strong profit jumps. As investors access, the political dispute over profits is growing.
As a result of the Iran war, crude oil prices have been high, resulting in European corporations like Shell having doubled quarterly profits of over $12 billion.
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