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A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/Files
(Reuters) – Exxon Mobil Corp expects its earnings to grow by more than $4 billion between 2019 and 2020, the U.S. oil major said in a presentation on Wednesday.
The announcement comes a day after the company said it anticipates production from the Permian Basin to rise to 1 million barrels of oil and gas per day as early as 2024.
Reporting by John Benny in Bengaluru; Editing by Shinjini Ganguli
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