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Oil market

World news about “Oil market” published by euronews.

28/04 13:33 CET

Oil giants BP and Total defy price drop to contain profits

Oil giants BP and Total defy price drop to contain profits

A fall in profits but a resilient business. That's the message from oil giant BP's data for the three months to the end of March. Underlying profit for the period fell 19 percent to 2.58 billion dollars compared with a year earlier. The fall in oil prices - 50 percent lower…