Monthly Archives: July 2020

Chevron and Exxon post big losses as oil prices plummet

Actions of Exxon (XOM) and Chevron (CVX) each of the first to quote on Friday after announcing the results. On Thursday, both stocks were among the Dow’s biggest losers. The coronavirus crisis has decimated oil demand in 2020. Exxon lost $ 1.1 billion, the company’s second consecutive quarterly loss, while …

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