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British energy giant BP is reporting its annual profits have fallen by 51 percent to 5.9 billion US dollars through this past year.
2015年英国石油公司年利率下跌51%,达到59亿美元。
It represents BP's biggest loss in over 20 years.
The company is attributing this mostly to slumping1 oil prices, which have dropped by around 75-percent since mid-2014.
In announcing its annual losses British Petroleum2 has also announced an additional 3-thousand job cuts by the end of 2017.
The latest job cuts will affect positions in its downstream business including refining, marketing3 and distribution.
BP shares in London dropped around 9-percent on Tuesday.
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