Oil companies maintain multimillion dollar profits after leaving behind years of record

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Oil companies maintain multimillion dollar profits after leaving behind years of record

The biggest oil companies on the planet have been showing signs of stagnation for months after the best two years of their history. And the Spanish companies point in the same direction. On Thursday, Repsol revealed that in 2024 it won 1,776 million euros, a good result, but 45% below 2023. BP and Galp have also drastically cut their profits, while Cepsa, the second Spanish oil company, has also worsened its oil business, although it has not yet…