Aug 1 (Reuters) - Canadian oil producer Imperial Oil ( IMO )
posted a fall in second-quarter profit on Friday, hurt
by lower crude prices and a decline in refinery throughput.
Benchmark Brent crude prices were lower during the
April-June quarter compared to a year earlier, pressured by weak
global demand, market volatility due to tariffs and increased
oil supply from OPEC+.
The company's refinery throughput volumes fell to 376,000
barrels per day during the second quarter from 387,000 bpd a
year ago.
The Calgary, Alberta-based company said its net income fell
to C$949 million ($684.31 million), or C$1.86 per share, in the
quarter ended March 31, from C$1.13 billion, or C$2.11 per
share, a year earlier.
($1 = 1.3868 Canadian dollars)
(Reporting by Katha Kalia in Bengaluru; Editing by Shinjini
Ganguli)