https://www.live-feeds.com/feed/exxon-chevron-earnings-propelled-by-war-driven-refining-surgeContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/exxon-chevron-earnings-propelled-by-war-driven-refining-surgehttps://www.live-feeds.com/feed/exxon-chevron-earnings-propelled-by-war-driven-refining-surge#u169235Mon, 02 Nov 2026 07:08:04 +0000ExxonMobil and Chevron reported higher-than-expected quarterly profits, driven by soaring refining margins amid global conflicts. The oil majors' earnings were boosted by their fuel-making businesses. This comes as gas prices remain high, impacting Americans and influencing the election. Both companies beat analyst expectations.Why it mattersThe earnings reports from ExxonMobil and Chevron reflect the current state of the global oil market, which has been affected by geopolitical tensions and conflicts. High oil prices have contributed to increased profits for oil companies, but also pose