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The Piney Point

ExxonMobil and Chevron top Q3 estimates on higher prices and strong output

ExxonMobil and Chevron top Q3 estimates on higher prices and strong output
Photo: KPRC 2 / Click2Houston (NBC) · view original

ExxonMobil and Chevron both reported better than expected quarterly results Friday as the oil majors benefited from higher prices and record production. Besides the disruption caused by the wars in Iran and Ukraine that have driven up the cost of fuel, Exxon is also seeing strong production in it...

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