Tuesday 3 May 2016

EXXONMOBIL, CHEVRON PROFITS SLIDE ON LOW OIL PRICES

ExxonMobil reported a 63% slide in first quarter profits following low crude oil prices and weak refining margins.

It reported a profit of $1.8bn (£1.24billion), a sharp decline from $4.94billion for the same period last year and its lowest quarterly profit since 1999.

Read more @ The Nation

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