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Exxon Mobil Corp. and Chevron Corp.

Business Headlines

published Jul 27th 2017, 11:01 pm, by Alex Nussbaum (Bloomberg) —Caution lights are flashing for the oil industry. Facing lower-than-expected commodity prices, drillers from ConocoPhillips to Hess Corp. to Statoil ASA have slashed their capital spending plans in recent days, as companies lay out their plans to cope with oil

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