The five major giants raked in $48 billion in the second quarter, drawing envy! Trump blasts "making too much," and the specter of a windfall tax on the oil industry looms again.

date
10/08/2026
The Zhizhong Finance App has noted that large oil companies experienced explosive profits in the second quarter. A key question now is whether the industry will use this unexpected windfall to return money to shareholders, strengthen their balance sheets, or invest for the futurewhile also striving to avoid an escalating political backlash.