29-04-2016 22:19 via abqjournal.com

Exxon sees smallest profit in 16 years, Chevron posts loss

DALLAS — Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crude. Exxon Mobil posted its smallest quarterly profit in more than 16 years Friday, while Chevron lost $725 million, its worst showing since 2002, and raised the number […]
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