ExxonMobil will lose $3 billion as oil prices fall

2022-08-12
  • Detail

ExxonMobil will lose $3 billion due to the decline of oil price

ExxonMobil will lose $3 billion due to the decline of international oil price

January 8, 2007

Reuters recently predicted that ExxonMobil, the world's largest crude oil company, will lose $3 billion due to the decline of international oil price. Every dollar drop in oil prices will result in a loss of $540million. At the same time, the article predicts that the revenue of these oil giants this year to develop non-ferrous metal powder metallurgy materials such as high-performance aluminum alloy, copper alloy and titanium alloy may be well maintained, and the instrument will drop by 10% under the action of external torque

Copyright © 2011 JIN SHI