Home Page : Archive News : July 2016 News : Energy giants' earnings slump on low oil prices | |
Energy giants' earnings slump on low oil prices | |
July 27, 2016 Norwegian energy giant Statoil posted a slump in second-quarter earnings on Wednesday, as low oil prices continued to weigh on the industry. Source: http://www.cnbc.com/2016/07/27/statoil-posts-disappointing-earnings-cuts-capital-expenditure-guidance.html |