“They’re making too much money,” President Donald Trump said in the Oval Office on Monday. Oil companies — and their colossal profits — were the latest target of his ire. “I don’t like it. And I ...

WASHINGTON—President Trump said Chevron and ExxonMobil are “making too much money” and should return some of their profits back to the public. “When you look at one company where they made 12 times ...

Britain's BP on Tuesday reported net profit of $5.7 billion for second quarter, comfortably beating analyst expectations. The result comes shortly after U.S. President Donald Trump lashed out at Big ...

The conflict unleashed by the United States in the Middle East is causing ExxonMobil, Chevron, Shell, TotalEnergies and BP to ...

Big Oil is minting money. ExxonMobil and Chevron, the two biggest US oil companies, reported gangbusters profits on Friday driven by the spike in global oil prices unleashed by the US-Iran war. Exxon ...

July 3 (Reuters) - U.S. oil companies are set to report their strongest quarterly profits ⁠in ⁠years, courting a possible clash with President Donald Trump, who ⁠has been pressing his longtime ally ...

Chevron just announced its highest quarterly earnings ever. Shell clocked its second-highest quarterly profits. And while ExxonMobil's profits came in beneath what Wall Street analysts had expected, ...

CVX and XOM posted a combined $26.5 billion in Q2 net income as Trump publicly blasted both companies for making too much money. Iran's Strait of Hormuz closure spiked Brent to $138, lifting U.S. pump ...

Continental Resources signed a deal with PDVSA to develop the Ayacucho 2 Block, holding an estimated 30 billion barrels in ...

President Trump on Monday urged U.S. oil companies to take action to ease gasoline prices, saying that the energy giants "made too much money" from high oil prices due to the Iran war. Mr. Trump's ...