Canadas Imperial oil posts second-quarter loss on coronavirus-led oil slump

Canadas Imperial oil posts second-quarter loss on coronavirus-led oil slump
WESPECH PTE LTD
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03.08.2020

MOSCOW (MRC) -- Canadian integrated energy company Imperial Oil Ltd posted a second-straight quarterly loss, hit by lower crude prices and refining margins as the COVID-19 pandemic dented demand for fuel and related products, said Hydrocarbonprocessing.The coronavirus outbreak led to the grounding of flights and brought economies to a standstill, hurting demand for fuel and forcing produc

Full article at mrcplast.com

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