ConocoPhillips 1Q profit up 17 pct on higher oil prices

Courtesy Newsvine - business  Thu, 04/24/2008 - 13:53

Setting the tone expected for the world's big oil companies, ConocoPhillips said Thursday its first-quarter earnings benefited mightily from record crude prices to start the year, though those same high levels squeezed results at its refining operations.

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