BP profit more than doubles as Trump blasts Big Oil for ‘making too much money’

Britain's BP on Tuesday reported a sharp upswing in second-quarter profit, as energy supermajors reap massive profits from higher fossil fuel prices amid hostilities between the U.S. and Iran.The oil giant posted underlying replacement cost profit, used as a proxy for net profit, of $5.7 billion for the April to June p

President Donald Trump criticized major oil companies for excessive profits. He urged Exxon Mobil and Chevron to lower consumer fuel prices. The companies reported strong quarterly earnings due to higher crude prices. Industry representatives stated prices reflect global market pressures and uncertainty. Global oil

Trump urged the oil giants to "give some of that back to the public" after the two companies reported strong earnings on Friday.

US President Trump orders oil companies to immediately lower petrol prices for consumers after crude oil futures plunged.

US President Donald Trump said Monday that major oil companies are making "too much money" due to high prices stemming from the Iran war, seeking to address a political vulnerability ahead of midterm elections.

“I don’t like it,” Trump said in the Oval Office, when asked about the eye-popping earnings reported by ExxonMobil and Chevron last week.

President Trump said U.S. oil companies made "too much money" from high oil prices. "I'm not happy about it," he added.

Trump says Exxon, Chevron are 'making too much money' amid Iran war  USA Today

Chevron has last week posted its highest quarterly earnings in at least six years.

Trump blasts Exxon, Chevron for making 'too much money,' demands lower gasoline prices  reuters.com

President Donald Trump expressed his displeasure with Chevron and Exxon Mobil for raking in “too much” profit during the second quarter of this year as the White House grapples with complaints about gas prices amid the war with Iran. “Based on a shortage, they’re making too much money,” Trump told reporters in the Oval

Trump Blasts Big Oil Companies for ‘Making Too Much Money’  wsj.com

"They’re going to give some of that back to the public, and they better cut the retail price," President Donald Trump says when asked about the profits of ExxonMobil and Chevron during remarks with reporters at the White House. (Source: Bloomberg)

Trump says oil companies making 'too much money' from Iran shortage US President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, for making "too much money" because of high prices resulting from the crude shortage caused by the Iran war, and called on the industry to help keep fuel