Oil companies 2022 record profits amid Ukraine war, energy price hike - USA TODAY

5/7/2022 12:00:00 AM3 yearsago
by Wyatte Grantham-Philips, USA TODAY
by Wyatte Grantham-Philips, USA TODAY
Profits for Exxon Mobil, Shell, Chevron and more rose by billions in the first quarter – despite costs from war in Ukraine and soaring energy prices.
- Following Russia's invasion of Ukraine in February, the price of oil climbed in 2022's first quarter.
- Shell's adjusted earnings, for example, rose to $9.1 billion, while Exxon Mobil r… [+5464 chars] full article...