ExxonMobil earnings fell on sinking oil prices

ExxonMobil earnings fell on sinking oil prices

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ExxonMobil’s profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts. The company earned $7.9 billion, or $1.94 a share, down 56% from a year earlier. Analysts surveyed by Refinitiv had forecast earnings of $2.01 a share. Revenue…

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