US supermajors hit by downstream weakness

ExxonMobil and Chevron see profits narrow in 'extremely challenging' market, but both companies increase output

Earnings down: ExxonMobil chief executive Darren Woods — Earnings down: ExxonMobil chief executive Darren WoodsPhoto: AP/SCANPIX

Kathrine Schmidt
Eoin O'Cinneide

Houston/London

Published 1 May 2019, 17:42Updated 1 May 2019, 17:42

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