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BusinessUpdated 56 min ago

US oil giants ExxonMobil, Chevron beat profit forecasts as wars in Iran, Ukraine spike domestic refining

Mint31 October 2026 at 8:47 am IST
Image: Mint

ExxonMobil and Chevron posted stronger-than-expected quarterly profits amid soaring refining margins tied to disruptions in the Middle East and Russia-Ukraine war. Exxon’s refining earnings hit a record, and Chevron reported robust refinery activity. 

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