| Flood of earnings are to continue during the coming week with the earnings of oil companies to come under sharp focus. Market for the year is expecting oil companies to top annual industry profit of $63 billion. For the third quarter profits at Exxon Mobil is expected to jump 45%, Chevron 50%, Conoco Phillips 79%, Amerada Hess 91%, Marathon Oil 100%, Apache Corp 76% and Anadarko Petroleum 15% from a year ago. |
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