ExxonMobil expects lower prices, margins to hit second-quarter results

ExxonMobil expects lower prices, margins to hit second-quarter results
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06.07.2020

MOSCOW (MRC) -- ExxonMobil says lower oil and gas prices could negatively impact its upstream earnings in the second quarter by up to USD3.1 billion compared to the first quarter of 2020, while its chemical segment earnings will be relatively stable, according to Chemweek.The company advises in a US regulatory filing that the quarter-on-quarter change in chemical margins in the second qua

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