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Why high oil prices are good for oil companies — until they aren't

  • Camila Domonoske
  • April 9, 2026 at 9:00 AM
  • 9 views
Why high oil prices are good for oil companies — until they aren't

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.

(Image credit: Julio Cortez)

Originally published at NPR Business

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