BP, Shell, TotalEnergies Pocket Billions in War-Driven Trading Windfall
Analysts said the surge offset lost Middle East production and helped BP more than double first-quarter profit.
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6 Articles
Shell blasted for 'profiting from illegal wars' after posting 115% jump in first-quarter profits
Shell is under fire after reporting a much larger-than-expected profit haul, with critics accusing the oil giant of cashing in on turmoil as energy prices surge amid the war in Iran. According to a report from the Guardian, the company said it made $6.9 billion in first-quarter profits, a 115% jump from the previous quarter and well above analyst forecasts. The results also included a 5% dividend increase for shareholders, further fueling backla…
Many oil producers have billions of dollars in profits, but the supply crisis also has disadvantages for them. Investors remain cautious.
BP, Shell, TotalEnergies Pocket Billions in War-Driven Trading Windfall
The European oil majors with the biggest trading desks raised their trading profits by up to $4.75 billion in the first quarter from the end of last year, amid extreme market volatility driven by the war in Iran. The biggest European majors, BP, Shell, and TotalEnergies, likely earned between $3.3 billion and $4.75 billion more in the first quarter compared to the fourth quarter of 2025, the Financial Times reports, citing estimates from analyst…
How Are U.S. Oil Companies Affected By The Iran War
U.S. oil companies are benefiting from the Iran war, but risks remain high. Learn how investors can react and which ETFs may profit. The post How Are U.S. Oil Companies Affected By The Iran War appeared first on Alain Guillot.
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