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Exxon's 1Q profit falls 46 percent amid decline in oil price

2015-04-30 15:42:49| Energy - Topix.net

Lower oil prices pushed Exxon Mobil Corp.'s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion - a huge sum but the weakest first quarter for the oil giant since 2009.

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