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Oil industry cutting jobs, investment to offset lower prices
2016-02-02 23:40:40| Oil & Gas - Topix.net
The latest warnings came from Exxon Mobil, which reported Tuesday that fourth-quarter earnings fell 58 percent in the oil giant's weakest quarter since 2002. The results were even worse at BP, which posted a 91 percent decline in profit.
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Category:Energy and Environment
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