Exxon Mobil sees dip in oil, gas output this year – Reuters

NEW YORK (Reuters) – Exxon Mobil Corp (XOM.N) said its 2012 oil and natural gas output would drop 3 percent from last year even as it increases spending to bring several large new projects on line, and its shares fell 1.2 percent. Despite the expected drop in 2012, production should increase by an …

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