Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron

HOUSTON (Reuters) - Chevron Corp posted its worst quarterly loss since 2001 on Friday and Exxon Mobil Corp reported a 59 percent slide in quarterly profit, both victims of a prolonged rout in crude prices and sinking income from refining, a sign of the broad malaise across the energy sector.

Oil rout erodes second-quarter profits for U.S. majors Exxon, Chevron
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