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Exxon and Chevron Post Record Quarterly Profits as Oil Prices Surge

Exxon Mobil and Chevron posted multi-billion-dollar profits in the third quarter thanks to high oil prices and a sharp rise in refining margins, while Donald Trump publicly boasted about the earnings of American oil companies ahead of the midterm elections.

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Exxon Mobil and Chevron posted multi-billion-dollar profits in the third quarter thanks to high oil prices and a sharp rise in refining margins, while Donald Trump publicly boasted about the earnings of American oil companies ahead of the midterm elections.

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