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More losses for Exxon, surprise profit at Chevron

2020年 10月 31日 Saturday - 01:28

Oil giant ExxonMobil posted its third straight quarterly loss, while Chevron squeezed out a surprise quarterly profit, but both companies ramped up spending cuts to offset weak fuel demand and a slump in oil prices. Conway G. Gittens reports.

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Oil giant ExxonMobil posted its third straight quarterly loss, while Chevron squeezed out a surprise quarterly profit, but both companies ramped up spending cuts to offset weak fuel demand and a slump in oil prices. Conway G. Gittens reports.

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More losses for Exxon, surprise profit at Chevron

2020年 10月 31日 Saturday - 01:28