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Oilsands giant Suncor Energy posts $341-million net loss in first quarter

2015-04-30 06:44:10| Oil & Gas - Topix.net

Suncor Energy Inc. , Canada's largest oilsands producer, posted a $341 million net loss during the first three months of 2015, when crude prices hovered around a meagre US$50 a barrel. During the same period a year earlier, the Calgary-based company turned a net profit of about $1.49 billion.

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