The Zhitong Finance App learned that the conflict between the Persian Gulf and Russia stirred up the energy market and pushed oil refining performance to record highs. As a result, oil giants made unexpected profits of more than 50 billion US dollars. ExxonMobil (XOM.US), Chevron (CVX.US), British Petroleum (BP.US), Shell (SHEL.US), and Total Energy (TTE.US) all surpassed expectations in the third quarter, with a total adjusted net profit of $56.3 billion. What is behind this is an unprecedented fuel supply crisis that pushed retail oil prices to historic highs.

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