#Oil prices steadied on Friday amid short-covering after a week-long selloff but were on track to end the month about 15 percent lower.
#Oil prices fell to three-month lows on Thursday as producers continued to pump more than needed, filling inventories, and economic growth prospects darkened.
Royal Dutch Shell reported a more than 70 percent fall in quarterly profit on Thursday, well below analyst estimates, blaming weak oil prices, poor refining profits and higher charges resulting from its $54 billion acquisition of BG Group.
ExxonMobil profits plunge 59.4% to $1.7 billion on low #oil prices – @AFP
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