Thursday, April 28, 2016

UPDATE 2-ConocoPhillips swings to loss and slashes budget, again

April 28 (Reuters) - ConocoPhillips, the largest

U.S. independent oil company, on Thursday reported a quarterly

loss after a year-earlier profit and slashed its 2016 budget for

the second time this year, its latest response to the slump in

crude prices.

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