Thanks to high energy prices, since the beginning of the conflict in Ukraine, US oil companies have earned $ 200 billion, according to the Financial Times.
The newspaper notes that, according to an analysis of S&P Global Commodity Insights earnings reports for the second and third quarters of this year, the net income of public oil and gas companies operating in the United States was $200.24 billion.
The article added: “There are indications that oil and shale gas investment companies are considered the most profitable in this energy sector in the last six months.”
The newspaper reported that oil companies took advantage of the sharp increase in fuel prices, which reached $140 a barrel after the outbreak of hostilities in Ukraine.
Source: RIA Novosti