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Booming shale production lifts Exxon, Chevron forecasts as oil and gas earning season kicks off

The upbeat reports by North America’s biggest crude drillers, fueled by strong output growth from the Permian Basin, follow similar results at Shell Plc, which kicked off the oil and gas industry’s earnings season on Thursday with adjusted net income that was more than $1 billion higher than the average forecast

Exxon, Chevron Surpass Forecasts as Shale Drilling Lifts Output

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