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SHOCKING: Oil giants report record profits | Mind Blowing Facts

Oil Exxon Chevron Chevron Corp Exxon Mobil Gas Prices Natural Gas Shell

Signs displaying record-high prices are displayed at an Exxon service station on July 5 in San Francisco. A price of $6.89 for a US gallon is equivalent to 66 baht per litre. (Reuters Photo)

The two largest US oil companies, Exxon Mobil and Chevron Corp, reported record revenue and profits on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European giants a day earlier.

The US pair, along with UK-based Shell and TotalEnergies of France, combined to earn nearly $51 billion in the most recent quarter, almost double what the group brought in for the year-ago period.

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