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OMVJF - OMV swung to Q1 loss lowers 2020 production target
OMV Aktiengesellschaft
OMV (OTCPK:OMVJF) posted a net loss of €68M in Q1, a turnaround from profit of €496M in Q1 2019, due to significant inventory costs and lowered its production target and crude price forecasts.
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