Analysis projects nine oil firms to post $95bn in third-quarter profits
2Nov 2 2:00 AM · 11d ago · 1 article · 1 source · development 2 of 2
Investment broker AJ Bell analysis finds the nine largest listed oil producers are on course to make more than $95 billion in the three months to end of September, with Saudi Aramco expected to lead at $30 billion. This marks the second consecutive quarter of $95bn+ combined profits.
theguardian.com
“The windfall came seven months after the US-Israel war on Iran caused a surge in global oil prices to highs above $126 a barrel”
AJ Bell analysis
Saudi AramcoState-owned oil corporationBPLondon-listed oil corporationMike ChildsFriends of the Earth campaign groupRobin WellsDirector, Fossil Free LondonAJ BellInvestment broker
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