US oil producers enjoy most profitable six months ever – FT ...News

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US oil producers enjoy most profitable six months ever – FT
They reaped a windfall of hundreds of billions of dollars since February, according to the report Aggregate net income for publicly listed oil and gas companies operating in the United States exceeded $200 billion for the second and third quarters of the year, according to analysis of earnings reports and estimates carried out by S&P Global Commodity Insights for the Financial Times. The media outlet reported over the weekend, citing the analysis, that US oil producers have cashed in on a period of geopolitical turmoil due to the conflict in Ukraine that has shaken up the global energy market and sent prices skyro

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