Houston/Bengaluru — ExxonMobil’s third-quarter profit nearly halved, hit by lower oil prices and weaker margins in refining and chemicals, with its three major business reporting lower year-over-year profit.

Earnings fell to $3.17 bn, or 75c per share, in the quarter, from $6.24bn, or $1.46 per share, a year earlier, the company reported on Friday. ..

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