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Saturday, December 20, 2025

‘Outrageous’: Big oil made almost $200 billion in 2022 as world faced energy crisis. Here’s the breakdown.

Some of the world’s biggest oil giants are reporting billions of dollars in annual profits for 2022 – a year when consumers around the globe faced soaring energy prices. After Russia invaded Ukraine, energy supplies to Europe were cut – and oil and natural gas prices surged around the world. In the …

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