Biggest earnings miss since 2016 underscores recent volatility in firm’s earnings
Profit at three-year high but refining and trading fall short of expectations
Market value and total output of Europe’s largest energy company still below that of Exxon
Asset sales and cost cuts have helped the company pay down debt and boost profit
Europe’s largest oil company continues to adjust to the slump in energy prices
Crude’s collapse below $28 a barrel has driven firm’s market value to seven-year low
Brent crude surges by as much as 12% to hit $54 a barrel, WTI moves above $50 a barrel
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