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Exxon Mobil Profit Slumps as Global Oil Glut Spreads to Fuel - Bloomberg
The Globe and Mail | Exxon Mobil Profit Slumps as Global Oil Glut Spreads to Fuel Bloomberg Exxon Mobil Corp. profit fell, missing analyst estimates, as an oil glut spread to motor fuels, dragging down refinery margins. Net income declined to $1.7 billion, or 41 cents a share, from $4.19 billion, or $1, a year earlier, Irving, Texas-based ... CompaniesExxon profits drop 59% as oil woes spread to refining Exxon Mobil profit tumbles 59 per cent on oil-price slump |
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