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Exxon Mobil and Chevron reported lower first-quarter profits due to weak natural gas prices and refining margins. Both companies experienced output growth in key regions like Guyana and the Permian Basin. Despite the earnings dip, Chevron's Permian output was better than expected.
Sinopec's Q1 profit falls on subdued chemicals business #oott https://t.co/8RUQzMM2w7
Exxon and Chevron Output Booms in World’s Hottest Oil Patches - Bloomberg
Exxon and Chevron Output Booms in World’s Hottest Oil Patches Output is booming in #Guyana, Permian Basin for both companies The US majors will extend lead over Shell, BP once deals close #oott https://t.co/SvUY68bQJq
