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Woodside's Sales Slump as Coronavirus Cripples Demand

Apr 16, 2020

Australia's Woodside Petroleum Ltd said on Thursday that its sales slumped more than 20% in the first quarter, as the coronavirus pandemic and draconian measures to curb the outbreak crippled fuel demand globally.Oil and gas producers have been among the worst hit as the outbreak has forced governments to impose lockdowns and social-distancing rules, confining people to their homes, upending businesses and ravaging global economic growth…

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