Oil companies, notably ExxonMobil and Chevron, have reported substantial earnings, with a combined profit of $26.5 billion for the second quarter of the year, pleasing Wall Street.
Oil companies have delighted Wall Street this week by reporting multibillion-dollar windfalls in their earnings statements, with ExxonMobil and Chevron on Friday reporting a combined $26.5 billion in profits during the second quarter of the year.
