Norway's Equinor posted a loss for Q2 2020 as its revenue was halved on the back of the Covid-19 pandemic and low oil prices. Equinor reported adjusted earnings of US $350.0, down from $3.15 Bn in Q2 2019. Adjusted earnings after tax were $6509.0m after tax in Q2 2020, down from $1.13 Bn in Q2 2019. Ve ry low r e a l i s ed pr i c e s for both l iquids and ga s impa c t ed the earnings for the quarter, while trading operations in volatile markets captured significant value, said Equinor.
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