Oil firms is­sue a flood of 2020 profit warn­ings

The Daily Telegraph - Business - - Business -

Bri­tish oil com­pa­nies is­sued more profit warn­ings in the sec­ond quar­ter than through­out the whole of last year, a re­port re­veals. At least 10 warn­ings were is­sued by Lon­don-listed oil and gas firms in the sec­ond quar­ter of this year, the largest quar­terly num­ber since the first quar­ter of 2015, ac­cord­ing to EY’s lat­est Profit Warn­ings Re­port.

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