News@lemmy.worldEnglish · 3 months ago

Big oil companies continue to post banner profits as fighting in Iran drives costs higher

apnews.com

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Big oil companies continue to post banner profits as fighting in Iran drives costs higher

apnews.com

jaykrown@lemmy.world to

News@lemmy.worldEnglish · 3 months ago

Big oil companies continue to post banner profits as fighting in Iran drives prices higher

apnews.com

Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher.

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Taldan@lemmy.world
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3 months ago
Production costs haven’t gone up for anyone. It’s purely a supply issue, as production has been entirely halted for ~18% of the world’s oil

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