Price Fall Threatens Oil Giants' Dividends

Summary


BRITAIN'S largest oil companies will come under pressure over their dividend payments this week when they reveal a major fall in profits.

While the price of oil hit dollars 80 a barrel last week, more than double the low hit earlier this year, it is well below the record dollars 147 a barrel it briefly traded at last July, hitting revenues across the oil sector.

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Extract


Price Fall Threatens Oil Giants' Dividends

Both BP and Royal Dutch Shell, are set to report that profits in the three months to Septembe...

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