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Houston-based oil companies reap massive profits as U.S. and Iran fighting drives energy prices higher

Houston-based oil companies reap massive profits as U.S. and Iran fighting drives energy prices higher
Photo: Houston Public Media · view original

Exxon Mobil on Friday reported doubling its second-quarter profits to $14.53 billion, up 105% from the same time a year ago, while Chevron nearly quadrupled its profits to $12.07 billion.

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