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Exxon may see biggest reserves reduction as slump persists

Published Sun, Oct 30, 2016 · 09:50 PM
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Chicago

EXXON Mobil Corp warned it may be facing the biggest reserves revision in its history as production sank to a seven-year low and profit slid amid a prolonged slump in energy markets.

About 3.6 billion barrels of reserves in the Canadian oil sands and the equivalent of another one billion barrels of …

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