HOUSTON — Chevron and Total wrapped up a string of gargantuan, record-breaking earnings reports from oil companies on Friday, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time. While the profits of unparalleled size have brought withering criticism from Washington and disgust from consumers across the country, very few were surprised. Crude prices during the second quarter were nearly double what they were a year ago. ExxonMobil stood apart even from this crowd, logging the largest ever quarterly operating profit for a U.S. company. Barring companies that made huge profits on one-time gains like bankruptcy settlements and spinoffs, ExxonMobil holds the top 10 records for biggest U.S. quarterly earnings. French energy company Total said Friday its profit climbed 38.7% in the second quarter to $7.38 billion.
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