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Big Oil’s Surprisingly Strong Quarter Explained in Five Charts

bigoil

The world’s biggest oil companies are jostling for supremacy as they emerge from a life-changing downturn.

Exxon Mobil Corp. and Royal Dutch Shell Plc, the two most valuable producers, are competing for top honors on who can churn out the most profit and cash. Quarterly results from Chevron Corp., Total SA and BP Plc proved the companies can not only survive with oil at $50 a barrel — they can flourish.

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