Exxon posts second straight quarterly loss on demand, price plunge – Carib Vibe Radio
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Exxon posts second straight quarterly loss on demand, price plunge

HOUSTON,  (Reuters) – Exxon Mobil Corp, which has major operations offshore Guyana, today reported a $1.1 billion second-quarter loss on sharply lower energy demand and prices from the COVID-19 pandemic, and confirmed plans to make “significant” reduction to costs.

The article Exxon posts second straight quarterly loss on demand, price plunge appeared first on Stabroek News.

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