Trump criticized Big Oil’s profits. Here’s how refining profits surged

Trump criticized Big Oil’s profits. Here’s how refining profits surged

Chevron does not report a comparable, standalone refining-margin figure, but it reported Friday that its downstream earnings more than quadrupled from a year earlier to $4.9 billion, with the company citing higher margins on refined-product sales. That’s amid tight supplies of refined fuels and pressure on refinery output globally, despite oil firms reporting this week…

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FIFA criticized for decision to lift U.S. star’s red card suspension following Trump phone call

FIFA criticized for decision to lift U.S. star’s red card suspension following Trump phone call

FIFA is being criticized over its decision to lift the red card suspension for leading U.S. Men’s National Team scorer Folarin Balogun, allowing him to play against Belgium on Monday night. The Union of European Football Associations, Europe’s soccer governing body, said FIFA “crossed a red line,” and expressed its “disbelief” at a decision it called “unprecedented,…

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