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Tuesday, 02/02/2016 7:36:03 AM

Tuesday, February 02, 2016 7:36:03 AM

Post# of 1118
BP Cites Low Oil Prices in $3.3 Billion Loss, as Industry Toll Mounts

By STANLEY REED
5:33 AM ET

The company wrote down the value of its oil and gas assets by $1.6 billion in the fourth quarter of 2015, and said it would continue cutting jobs.

http://www.nytimes.com/2016/02/03/business/energy-environment/oil-company-earnings.html

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