Tuesday, April 26, 2016

UPDATE 2-Cheap oil smudges Exxon's long-held sterling credit rating

April 26 (Reuters) - Exxon Mobil Corp lost its

top-tier credit rating from Standard & Poor's on Tuesday - the

first time in almost 70 years, as an oil price rout makes it

tougher for the largest producer of crude to fund projects and

return big amounts of cash to shareholders.

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