# Oil majors resist pressure to invest in new refineries as fuel prices keep rising

> **Newsylist Open Intelligence Dossier** · First detected: 2026-11-01 21:29 UTC · Category: Business · Sources: 4 · Current Velocity: 2

## Key People, Organizations & Locations
Oil

## Multi-Source Evidence Table
| Source Outlet | Headline | Published (UTC) | Verification URL |
|---|---|---|---|
| Barron's | The Oil Giants Are Raking In Cash. Here’s What They’ll Do With It. | 2026-11-01 05:01 | [Source Link](https://news.google.com/rss/articles/CBMif0FVX3lxTFAtQ21ob1M5bXZrOVVhMFJwR2l6QlMtOWJHTm4wdWlnS1NVRk5BWmJmdGRLLW9WdC1rdGZBdEVqSTVudjNTd2dXTVdNRHdVMUNNdHR3SEQzcFk5RHl1T0t4MXkzMTNjRnp1Y0VoLXJ3Mnl6NWVvZXg0VEFJc29uZVU?oc=5) |
| CNBC | Trump called out Big Oil profits. Here’s how much their refining earnings have surged since | 2026-11-01 05:01 | [Source Link](https://news.google.com/rss/articles/CBMidkFVX3lxTE1OUC1PMmdWalJDS0UtUEsyN0p6a0RTMURBRDEzdlNNMDFOeDNPRTlQbGl5b2FHMFlXWkJJaFFZZUhFYUdYSzVPakQyR1ZDemxFX2Y1QnFGTTJUREcyNGJ2ZFZteXB1LVk0YmRuajBoWkFCMDV3U2c?oc=5) |
| The Guardian | Nine big oil firms on track to share more than £95bn profit two quarters in a row | 2026-11-01 05:01 | [Source Link](https://news.google.com/rss/articles/CBMitgFBVV95cUxQeXBJYWlwMjdwM3djOG81dHVZNHlIX1dUZWM2dEYya2YzOVp1TTR6bmN1dm9hbWxqLU5zMFYzYTVtTzFkOHdVdG9hWGlaWmEtaGM2dmlveGVCODZDY3FiYk5BeTFaLW5QeF9FVGxPQmdBOWwteEc5bjFZMTh2d0I2c2NCVm94VTlHT1M1REhIWU9WeTJReTFRV3ZfWm5rc05EUWFjLTN2dHhETE1pWXRNWS0xOFZ0dw?oc=5) |
| Fox Business | Oil giants post billions in profits as Americans feel pain at the pump | 2026-11-01 05:01 | [Source Link](https://news.google.com/rss/articles/CBMimAFBVV95cUxQeGxlT002eGlNeFh5RGtIenpKUzVBTmZlcUdhWWdQRjk0Ym9ycnc1TzJ6aHRaMnpMNUlkdmlMQms1c2ZEakJVRUxUM3BuUmZzR09mUWRsOElBQnFLN3BSX3hVOUJPY19mRjNuN1VzQV9LX0FIaGx2WlZjRjVJOVJpeHpQRlJabi12V2VVcTFtem1DTDNDcjhhLQ?oc=5) |

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*Canonical Source: https://www.newsylist.com/trend/2026-11-01/oil-majors-resist-pressure-to-invest-in-new-refineries-as-fuel-prices-keep*
*Synthesized by Newsylist Open Intelligence Engine under E-E-A-T journalistic standards.*