Net
profit
slipped
to
$9.5
billion
from
$10.65
billion
in
the
year-ago
quarter,
according
to
Reuters.
Output
fell
to
4.55
million
barrels
of
oil
equivalent
per
day,
largely
due
to
declines
outside
the
United
States.
The
drop
in
volumes
was
offset
by
higher
prices,
which
added
about
$980
million
in
profits
during
the
quarter,
the
company
said.
ExxonMobil's
profits
from
refining
and
marketing
rose,
but
its
chemicals
business
suffered
from
weaker
margins
and
maintenance
at
some
plants.
Incomes
included
gains
from
asset
sales
of
about
$400
million,
although ExxonMobil did
not
record
those
as
extraordinary
items.
The
company…
