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Exxon, Chevron Deliver Big Profits on Strong Refining

Bloomberg Markets30 October 2026, 13:50 UTCUnited States of America

Exxon and Chevron shares rose in premarket trading after both companies beat earnings estimates due in part to strong refining margins and higher gas prices. Bloomberg's Kevin Crowley says the oil majors earned a combined $56 billion in the third quarter, the third highest on record. He reports from Houston on "Bloomberg Open Interest." (Source: Bloomberg)

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