Business

Exxon profit surges, but production slips

By Jonathan Fahey
Published July 31, 2014 6:46pm ET
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Exxon profit surges, but production slips
This April 29, 2014 photo shows an Exxon sign at a Exxon gas station in Carnegie, Pa. Exxon Mobil Corp. reports quarterly financial results before the market opens on Thursday, July 31, 2014. (AP Photo/Gene J. Puskar) | Gene J. Puskar

NEW YORK (AP) — Exxon Mobil’s net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped a disappointing 6 percent.

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