News End-User News Refining Puts Lid on Big Oil's Profits
Refining Puts Lid on Big Oil's Profits
Monday, 23 January 2012 12:30
Submit Refining Puts Lid on Big Oil's Profits in Delicious Submit Refining Puts Lid on Big Oil's Profits in Digg Submit Refining Puts Lid on Big Oil's Profits in FaceBook Submit Refining Puts Lid on Big Oil's Profits in Google Bookmarks Submit Refining Puts Lid on Big Oil's Profits in Stumbleupon Submit Refining Puts Lid on Big Oil's Profits in Technorati Submit Refining Puts Lid on Big Oil's Profits in Twitter Submit Refining Puts Lid on Big Oil's Profits in Twitter

Continued high oil prices are expected to boost fourth-quarter earnings of ExxonMobil Corp., Chevron Corp. and ConocoPhillips. However, profits of the three-largest U.S. oil companies by market value will be capped by sluggish results from their refining arms and depressed prices for natural gas.

Source: Wall Street Journal

View Full Article

 

eVM_ScreenshotSubscribe to eVM News…

Get the latest industry headlines plus news about VMA, upcoming Valve Magazine articles, product highlights and more, delivered 8 times per year.

Click here to subscribe. Or, view the latest edition.
Valve Magazine is published by the Valve Manufacturers Association of America. © - All Rights Reserved

RocketTheme Joomla Templates
..