US EditionKyiv Links Ukrainian Attacks on Russia To Surge in Western Oil Earnings
Nearly 160 Ukrainian strikes and Western sanctions have cut Russian refining capacity by 20%, lifting third-quarter profits for major Western oil refiners by 61%.
5 Articles
5 Articles
Ukrainian strikes on Russian oil facilities, sanctions boost profits of major Western oil companies
The coordinated impact of Ukrainian drone attacks and Western restrictions has reduced Russian oil output and exports, driving up refining margins and profits for U.S. and European competitors.
Kyiv Links Ukrainian Attacks on Russia To Surge in Western Oil Earnings
Ukraine's defense agencies claim their strikes on Russian oil infrastructure and Western sanctions are indirectly boosting profits for major Western oil companies like ExxonMobil, Chevron, Shell, and TotalEnergies.
Leading Western energy corporations have received unexpected financial benefits as a result of numerous Ukrainian drone attacks on Russian oil facilities. This has led to an increase in the profitability of the world oil refining market and reduced concerns about...
Exxon Mobil, Chevron, Shell and TotalEnergies have seen significant increases in revenue thanks to Ukrainian drones and sanctions.
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