Chevron, Exxon shrink spending as coronavirus cuts demand
October 30, 20203 min read590 words
Published: October 30, 2020  |  3 min read590 words
By , , (Reuters) - U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit.Exxon posted its third straight quarter of l...
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