Royal Dutch Shell said on Thursday that its profit fell sharply in the second quarter as a strong 
performance in marketing and refining failed to offset the brunt of lower oil and gas prices.
The oil giant also said it would cut its capital investment and eliminate 6,500 jobs as the drop in oil and gas prices squeezes its vast global exploration and production operations.
Chosen excerpts by Job Market Monitor. Read the whole story at Royal Dutch Shell Profits Continue to Fall, Prompting 6,500 Layoffs – The New York Times.
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