Saturday, 29 April 2017

Surging Chevron, ExxonMobil profits signal oil industry turnaround

Surging Chevron, ExxonMobil profits signal oil industry turnaround
29 April 207, Houston — Rising crude prices helped Chevron Corp and Exxon Mobil Corp easily beat analysts’ quarterly profit expectations on Friday, setting an upbeat tone as the two companies press ahead with shale oil expansions. While cost cuts and asset sales provided a boost to both companies, the results highlighted the slowly improving […] More »

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