Equinor profit down 90%

NORWAY’S Equinor has recorded an 89% drop in profit for the second quarter but still beat some analyst forecasts which predicted losses of $200 million. 

Equinor profit down 90% Equinor profit down 90% Equinor profit down 90% Equinor profit down 90% Equinor profit down 90%

The huge Johan Sverdrup oil field

 
Earnings were US$350 million for the three months, down from $3.15 billion in the same period in 2019.