Exxon Mobil left Dow, is Big Oil still a deal? – Déccan Herald
By Julian Lee
As of Monday, there will be only one oil company in the Dow Jones Industrial Average – Chevron Corp. The removal of Exxon Mobil Corp. index after an uninterrupted presence since 1928 should come as no surprise. This is not the end of Big Oil, but it can signal the beginning of the beginning of the end.
It may seem odd to remove one of only two oil companies from the index at a…
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