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Large oil firms like Exxon, Chevron and Shell posted their biggest profits in 2018 despite global oil prices falling as much as 38 percent. According to FactSet data, global crude oil averaged about $71 a barrel in 2018–just over 30 percent lower than in 2014, but the five biggest oil companies–Exxon, Chevron, Shell, BP PLC [...] The post Largest Oil Firms Profited Big in 2018 Despite Falling Oil Prices appeared first on ETF Trends.

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