Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron

Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron
*Chevron headquarters, downtown-Houston. 31 July 2016, Houston — Chevron Corp (CVX.N) posted its worst quarterly loss since 2001 on Friday and Exxon Mobil Corp (XOM.N) reported a 59 percent slide in profit, as the long crude price rout and tumbling refining income inflicted pain across the energy sector. The weak results from two of the […] More »
Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron Reviewed by Crude Oil Brokers on 17:38 Rating: 5

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