Conocophillips bleeds USD 1.7bn in first quarter

So far this year, US-based oil giant Conocophillips has lost as much as it made in Q1'19.

Photo: Mike Segar/Reuters/Ritzau Scanpix

In last year's first quarter, US-based oil and gas giant Conocophillips booked USD 1.8 billion in income. A largely similar figure entered the company's spreadsheets in Q1'20 – only written in red.

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