Profit Tumbles at ConocoPhillips

ConocoPhillips Profit Tumbles 76%
The oil company posted second-quarter earnings of $1.3 billion, reflecting sharply lower crude and natural-gas prices.

Occidental Petroleum profits down 70 percent
Occidental Petroleum says its first-quarter profit fell 70 percent from a year ago as results were hit hard by lower oil and natural gas prices.

B.P. Posts 1st-Quarter Profit of $2.56 Billion
The second-largest European oil company said Tuesday that it returned to profit in the first quarter, beating analysts’ forecasts by earning $2.56 billion.

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