Conoco boosts investments – the tariff war is costly

ConocopPhillips boosts its investments and intends to spend USD 6 billion in 2018.
Photo: ConocoPhillips
Photo: ConocoPhillips

ConocoPhillips' equity is barely moving after the presentation of its quarterly financial statement. A lower-than-expected sales volume is not enough to make investors nervous, as revenue landed near analysts' consensus. Share price growth at 0.4 percent was modest.

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