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News 2026-10-16 12:11 UTC

ExxonMobil signals lower third — quarter earnings

Oct 16 (Reuters) — US oil and gas major ExxonMobil warned in a regulatory filing on Friday that changes in oil prices would lower its third-quarter upstream earnings by $1.3 billion. The industry bellwether had posted $7.9 billion in upstream earnings for the second quarter and a net profit of $7.5 billion in the third