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Trump criticized Big Oil for making "too much money," according to CNBC Top News. Oil majors have since reported surging refining earnings as fuel supplies tightened. The reports did not specify the size of the refining earnings increases in the excerpt provided, and the market reaction was not detailed in the coverage.

1 outlet · 1 article · first seen Oct 31, 4:00 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLE closed at 70.02, up 1.91%, on 2026-10-30. Listed for: Energy sector ETF.

Every source article

Corroborated by 1 outlet (GDELT)