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

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]

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