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Occidental Petroleum Posts Fourth Straight Quarterly Loss on $6.6 Billion Write-down

2020-08-10 22:30:00| OGI

Occidental Petroleum posted its fourth straight quarterly loss on Aug. 10 as it recorded a $6.6 billion impairment charge, largely to write down the value of its properties following a crash in oil prices.

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Category:Industrial Goods and Services

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