Annual oil company profits soared due to triple-digit commodity prices through most of 2008, but the price crash in the last three months is likely to cut quarterly profits by more than half according to this article from the Houston Chronicle.
Annual oil company profits soared due to triple-digit commodity prices through most of 2008, but the price crash in the last three months is likely to cut quarterly profits by more than half according to this article from the Houston Chronicle.
Tags: Energy
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