Coin Bureau|Jul 31, 2026 14:10
🔥TODAY: Oil majors’ profits surged as the Iran war disrupted Middle East supplies and pushed crude prices higher.
Chevron reported adjusted earnings of $6.06 per share, beating estimates by $0.50, while Exxon posted $3.52 per share, missing by $0.08.
Chevron CEO Mike Wirth warned that global energy markets are “running out of time” as the conflict expands and inventories fall.(Coin Bureau)
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