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ExxonMobil, the world's largest oil producer, announced Friday that its quarterly profit jumped 18% as crude oil prices dropped.
The company reported net income of $ 3.95 billion in the second quarter. Compared to $ 3.35 billion, or 78 cents per share, in the same period a year ago.
Company production fell 7 percent to 3.6 million barrels of oil equivalent per day
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