[July 29, 2016]HOUSTON (Reuters) - Exxon
Mobil Corp, the world's largest publicly traded oil
producer, said on Friday its quarterly profit tumbled 59
percent due to the slump in crude prices.
The
company posted net income of $1.7 billion, or 41 cents per
share, in the second quarter, compared with $4.19 billion, or $1
per share, in the year-ago period. Production fell about 0.6
percent to 3.9 million barrels of oil equivalent per day (boe/d).
(Reporting by Ernest Scheyder; Editing by Jeffrey Benkoe)