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Exxon Mobil sees oil prices staying low for couple of years

2015-03-04 18:58:10| Energy - Topix.net

Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth. Speaking at the company's annual investor meeting in New York, Tillerson cautioned that geopolitical turmoil could unexpectedly send prices higher.

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