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Exxon Mobil Is Built to Withstand Market Conditions: CEO

Tue 05 Jun 12 | 04:20 AM ET
Rex Tillerson, chairman and CEO of Exxon Mobil, told CNBC "We have clearly seen the effect of the sluggish economy on energy demand and that is a sluggish demand in the face of a well-supplied market and so it was expected that at some point prices would correct and we have seen that in the recent changes in the price of crude oil."
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