FIRST QUARTER PROFITS ADVANCE FOR OGJ GROUP

Robert J. Beck Economics Editor Joan Bonfield Biggs Statistics Editor First quarter profits for Oil & Gas Journal's group of 22 large U.S. oil companies jumped 24.8% from first quarter 1990 to total $7.065 billion. Although group profits were up sharply, results were mixed for individual companies with 11 companies reporting gains and 11 listing declines. None posted a loss for the quarter this year or last.

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