IRVING (Texas), July 2 — Exxon Mobil Corp said today its second-quarter results will take a hit from the drop in oil and gas prices after the coronavirus-related lockdowns caused a dramatic plunge in demand. The lower prices will hit earnings at Exxon’s exploration and production business by...
Thursday, 02 Jul 2020 07:48 PM MYT
The lower prices will hit earnings at Exxon’s exploration and production business by between US$2.5 billion and US$3.1 billion. — Reuters pic IRVING , July 2 — Exxon Mobil Corp said today its second-quarter results will take a hit from the drop in oil and gas prices after the coronavirus-related lockdowns caused a dramatic plunge in demand.
The lower prices will hit earnings at Exxon’s exploration and production business by between US$2.5 billion and US$3.1 billion, it said in a filing. — Reuters
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