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Home › Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge

 

Exxon Mobil Posts Loss, $3 Billion Writedown on Oil Price Plunge

2020-05-01 15:15:28| OGI

Exxon Mobil Corp. on May 1 joined a parade of oil companies posting downbeat results on plunging oil demand and collapsing prices, reporting a $610 million first-quarter loss after a nearly $3 billion inventory writedown.

Tags: price posts loss oil

Category:Industrial Goods and Services

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