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ConocoPhillips posts big loss, slashes dividend

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ConocoPhillips on Thursday reported a much bigger quarterly loss, hurt by impairment charges, and slashed its dividend as the relentless fall in crude oil prices takes a toll on the largest U.S. independent oil and gas company.

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ConocoPhillips posts big loss, slashes dividend

ConocoPhillips on Thursday reported a much bigger quarterly loss, hurt by impairment charges, and slashed its dividend as the relentless fall in crude oil prices takes a toll on the largest U.S. independent oil and gas company.