Tuesday, April 26, 2016

UPDATE 1-S&P reduces Exxon's credit rating, cites cheap oil

April 26 (Reuters) - Standard & Poor's on Tuesday reduced

Exxon Mobil Corp's credit rating to AA+ from AAA, saying

low oil prices will make it difficult for the world's largest

publicly traded oil producer to keep funding high dividends and

share purchases for the next few years.

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