Exxon Crushed By Pandemic, Reports First Quarterly Loss In 32 Years

May 1st 2020 8:18am EDT

Exxon Crushed By Pandemic, Reports First Quarterly Loss In 32 Years Exxon Mobil Corp. has reported its first quarterly loss in 32 years amid oversupply conditions, a crashed economy, and a pandemic that continues to destroy petroleum demand.  The company reported a $610 million loss for the quarter ending March 31. That is equivalent to about a […]

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