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Exxon Facing Historic Reserves Reduction as Slump Persists - Bloomberg
Bloomberg | Exxon Facing Historic Reserves Reduction as Slump Persists Bloomberg Exxon Mobil Corp. profit sank as the world's largest publicly traded oil company posted its lowest production in seven years and warned the prolonged slump in energy markets may force a write off of 19 percent of its reserves. The Irving, Texas-based ... Lower oil prices cut Exxon profits Exxon 3Q profit falls 38 percent on lower oil prices Profit Plummets for World's Biggest Public Oil Company |
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