WSJ What’s News WSJ What’s News

Chaos in Energy Markets Boosts Big Oil Earnings

Jul 31, 2026 · 11m

Summary

This episode covers New York’s lawsuit against prediction market Kalshi and OpenAI’s user growth. It details record earnings for Exxon and Chevron driven by fuel shortages, alongside BP’s North Sea sale. The show also addresses the Ceuta migrant crisis, California’s lawsuit against the Paramount-Warner merger, and lettuce farmers plowing crops due to cyclospora fears.

Topics discussed

ReliaQuest sponsorship and intro Headlines: Energy earnings, Paramount merger, lettuce crisis NY sues Kalshi; OpenAI hits 1B users Oil giants' record earnings and Venezuela operations BP sells UK North Sea business Tech stocks rally: Amazon up, Apple down Polymarket ad and Ceuta migrant crisis update Ceuta migrant deaths and political implications Newsom concerned about Paramount-Warner lawsuit Cyclospora outbreak hurts lettuce farmers Show wrap-up and Medline ad
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