MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »US oil giants’profits slide in Q1
New York / AFP Plunging crude prices battered oil giants’ profits in the first quarter, another blow following credit downgrades, layoffs and drilling cutbacks in the wake of a long rout. Chevron became the latest big oil company to land in the red due to low commodity prices, reporting a loss of $725 million in the quarter ending March 31. ...
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