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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI9U0KU_L.jpgWASHINGTON (Reuters) – U.S. President Joe Biden will make a statement later on Monday regarding oil companies’ profits, the White House said.
Biden will make remarks at 4:30 p.m. (2030 GMT) in response “to reports over recent days of major oil companies making record-setting profits even as they refuse to help lower prices at the pump for the American people,” the White House said in a statement.