Exxon Paperwork Reveal Extra Pessimistic Outlook for Oil Costs

Exxon Mobil Corp. has lowered its outlook on oil costs for a lot of the following decade, in keeping with inner firm paperwork reviewed by The Wall Avenue Journal.

As a part of an inner financial-planning course of carried out this fall, Exxon minimize its expectations for future oil costs for every of the following seven years by 11% to 17%, in keeping with the paperwork.

The…

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