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Why high oil prices are good for oil companies

  • Posted on April 9, 2026
  • By NPR
  • 0 Views
Why high oil prices are good for oil companies
Why high oil prices are good for oil companies

Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.
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Author
NPR

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