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Nine big oil firms on track to share more than £95bn profit two quarters in a row

Summary by BizToc
Windfall for oil corporations such Saudi Aramco and BP comes on back of soaring fuel prices driven by Iran war The world’s biggest oil companies are on track to amass profits of more than $95bn (£71bn) in the third quarter as the war in the Middle East drives up the price of fossil fuels. The…
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6 Articles

Despite the increasing risk of war in the Middle East, a number of oil and gas companies are enjoying fantastic profits due to the surge in oil prices and disruptions to global energy supplies.

While the war in the Middle East continues to weigh on the energy markets and bills of millions of families, large oil companies are preparing to collect profits for more than $95 billion in just three months. This is what emerges from an analysis of the investment company AJ Bell, according to which nine of the major producers [...] L'articolo The war makes oil companies rich: $95 billion in profits in three months comes from Beppe Grillo's Blo…

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Oil companies are preparing to record record profits, expected to exceed $95 billion. Super profits from the geopolitical crisis and Aramco's first record The world's largest oil companies are preparing to record record profits, expected to exceed $95 billion, in the third quarter of the year. According to an analysis by investment firm AJ Bell, […] The article How oil groups are cashing in on high prices first appeared on The Gr Times.

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BizToc broke the news on Monday, November 2, 2026.
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