Tag: Phillips 66

Majors hit by low prices and high costs in Q3 2019

The oil majors delivered disappointing short-term news to thier shareholders after earning and profits were hit across the board as a result of lower oil prices and increased costs.

First quarter 2019 results

A generally volatile market has led to slightly depressed numbers for most of the oil majors at the start of the year, but their CEOs are confident of being able to manage the volatility.

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