European Oil Majors Profit Billions Amid Iran War Volatility

Major European oil companies have reported significant profits, estimated to be billions of dollars, by trading on the volatility in oil markets. This surge in earnings is attributed to the ongoing tensions and 'Iran war' chaos in the Middle East.

11 May, 04:00 — 11 May, 04:00

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FTVery High15h ago

Europe’s oil majors reap up to $4.75bn from trading on Iran war volatility

Trading desks at BP, Shell and TotalEnergies outshine US rivals

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Coverage Timeline

First report: FT · 11 May, 04:00|Full coverage: 4 · 11h|Window: 11h

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FT11 May, 04:00First to report

Europe’s oil majors reap up to $4.75bn from trading on Iran war volatility

6h later

capital-bg11 May, 10:27

Бизнес глобус: Европейските петролни гиганти печелят над 4 млрд. долара от войната; Китай за първи път изнася повече EV, отколкото традиционни коли

2h later

nzz11 May, 12:15

Ölkonzerne verdienen prächtig am Iran-Krieg – aber eine Krise dieser Grösse bringt ihnen auch Probleme

2h later

berlingske11 May, 14:44Latest update

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European Oil Majors Profit Billions Amid Iran War Volatility

Sources

Europe’s oil majors reap up to $4.75bn from trading on Iran war volatility

Coverage Timeline

Europe’s oil majors reap up to $4.75bn from trading on Iran war volatility

Бизнес глобус: Европейските петролни гиганти печелят над 4 млрд. долара от войната; Китай за първи път изнася повече EV, отколкото традиционни коли

Ölkonzerne verdienen prächtig am Iran-Krieg – aber eine Krise dieser Grösse bringt ihnen auch Probleme

Europas giganter scorer milliarder på Iran-krigens oliekaos

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