Nine major oil companies set to divide over $95bn in profit for a second straight quarter
The largest oil companies in the world are expected to collect more than $95bn (£71bn) in profits during the third quarter, as conflict in the Middle East pushes fossil fuel prices higher. These wartime gains have renewed demands for companies including Saudi Aramco and BP to contribute towards environmental repair and support the shift to renewable power. Research from investment platform AJ Bell suggests that nine of the largest publicly traded oil producers could generate more than $95bn
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