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Home / AP News / Exxon Mobil profit falls 49 percent as oil and gas prices decline

Exxon Mobil profit falls 49 percent as oil and gas prices decline

Exxon Mobil's profits fell dramatically in the third quarter as the company was hurt by lower prices for crude oil and natural gas. The Texas oil giant reported $3.17 billion in profits in the third quarter, down 49 percent from the same time last year. Total revenue was $65.05 billion, down 15 percent from the same time ...

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