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Wednesday, August 1, 2018

Devon Energy misses profit estimates as costs, oil hedges weigh

U.S. oil producer Devon Energy Corp on Tuesday missed Wall Street estimates for quarterly profit as expenses rose and a misplaced bet on the direction of oil prices offset higher oil output.


from Reuters: Business News https://ift.tt/2AuJT96

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Billions at stake in court battle over North Sea oil

Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week. from BBC News https://ift.tt/gTB8QlX