Big oil companies withstood one of their worst 2nd quarters ever and are positioning themselves for prolonged discomfort as the coronavirus pandemic continues to sap global need for fossil fuels.
Exxon Mobil Corp. posted a quarterly loss for the second straight quarter for the very first time this century on Friday, reporting a loss of $1.1 billion, compared with a profit of $3.1 billion a year ago. Exxon, the largest U.S. oil business, had not reported back-to-back losses for at least 22 years, according to Dow Jones Market Data, …
%%.
source https://jobsearchtips.net/big-oil-companies-lose-billions-prepare-for-extended-pandemic/
No comments:
Post a Comment