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Home>Total's Profit Shows Limited Impact of Oil Price

Total's Profit Shows Limited Impact of Oil Price

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Wed, 29 Jul 2015

PARIS—French oil major Total SA said Wednesday aggressive cost-cutting and an increase in oil output helped offset the fallout from the collapse in the price of oil on its bottom line. Total said net profit fell 4% to $2.97 billion in the second quarter from the same period a year ago while revenue
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