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ConocoPhillips sees profits double in third quarter

While many sectors are still struggling to deal with the aftermath of the financial crisis, the energy sector is not one of them. High oil prices have provided a boost for the likes of ConocoPhillips which kicked off the reporting season for the major oil companies.

Exxon Mobil reports results on Thursday, and Chevron will do so on Friday.

Texas based ConocoPhillips says its earnings doubled in the third quarter.

Juliana Liu reports.

  • 27 Oct 2010
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