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Russian Arctic Oil to Give Exxon Mobil Leg Up on Rivals

With fresh sources of oil becoming increasingly scarce, Exxon Mobil Corp. (NYSE: XOM) scored a major coup on Tuesday by making a deal for access to the vast reserves of Russian Arctic oil. Many...

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Oil Companies Big Winners as U.S. Becomes Net Exporter of Fuel

The United States has become a net exporter of fuel for the first time in more than 60 years. That simple fact could drive oil-company profits for at least the next decade. It's also another sign of...

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