Top 20 global oil companies by market capitalisation

Oil and gas producers continue to demonstrate significant scale and profitability, even as the energy transition progresses.

With recent fluctuations in oil prices and major players such as Saudi Aramco, Exxon Mobil and Chevron maintaining strong market valuations, oil company stocks continue to attract interest from some traders.

Global oil markets: an overview in 2025

Despite a global push for renewables and tighter climate policies, demand for oil and gas remains substantial. Supply-side factors, infrastructure constraints and geopolitical risks continue to shape market behaviour.

While some major economies are experiencing moderating growth, upstream producers have largely maintained output, and refining margins remain…

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