BusinessQuiet 14d · day 14
Trump criticizes Big Oil profits as refining earnings surge
Trump has called out oil majors for excessive profits even as their refining earnings have climbed amid tightening fuel supplies.
What to know
- Trump has publicly criticized Big Oil for excessive profits.
- Oil majors have simultaneously reported significant increases in refining earnings driven by tighter fuel supplies.
- The timing raises questions about whether Trump's criticism aligns with industry financial realities.
“too much money”
Trump · CNBC ↗
How it unfolded 1 development · click the chart to see its coverage articlesposts
Oct 31Nov 2Nov 4Nov 6Nov 8Nov 10now · 10:17 PM ET
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background
Oil majors report surging refining earnings amid tightened supplies — Oil majors have reported significant increases in refining earnings as fuel supplies have tightened, undercutting Trump's criticism.
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Trump calls out Big Oil for excessive profits
Trump criticized Big Oil for making "too much money," according to reporting on his statements regarding the industry.
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1 outlet Trump called out Big Oil profits. Here’s how much their refining earnings have surged since
first by CNBC, 13d ago
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