Oil prices have declined for four straight months since June, as COVID-19 lockdowns in top energy consumer China hurt demand while rising interest rates and a surging U.S. dollar weighed on global financial markets. Oil prices have tumbled for four straight months since June, as COVID-19 lockdowns
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Read more →Excluding nonrecurring items, adjusted earnings per share of 80 cents was above the FactSet consensus of 79 cents. Sales dropped 7.6% to $3.34 billion, below the FactSet consensus of $3.44 billion. The company said unfavorable currency translation was a 7.2% drag on sales. Total costs Ford stock
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