'Nasty year' leaves oil investors wary as profits fall short

"It was a pretty nasty year, one of the toughest years ever for the global oil industry," said Sarah Emerson, managing director at Energy Security Analysis Inc. As several major oil companies get ready to announce 2016 results, it is clear that grim headlines may not yet be over.

JOE CARROLL, BLOOMBERG

Crude prices may have stabilized, but it is still not a great time to be Big Oil.

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Oil majors will now realize plans for green investment fund
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Oil price drags Chevron into deficit in 2016
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