Friday, October 31, 2008

Energy: Five oil majors ring up $45 billion in profit, setting records

Date: 31 OCT 2008 19:32:26 GMT
Five oil majors ring up $45 billion in profit, setting records

The five Western oil majors ring up a combined $45 billion in
third-quarter profits, heading into a recession with a bigger cash
cushion than most industries, but still facing uncertainty and fears
of leaner times ahead.

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