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Oil companies mount huge losses in 2020 | DW News

ExxonMobil has its investor-day this week and investors are likely to have some pressing questions for the American Oil-Major. Unlike its European rivals BP and Shell, Exxon has hesitated to embrace a growing renewables market. But impatience for a strategy-shift is growing among some investors. The oil-price-shock of the pandemic has only increased their calls to diversify.

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