Big oil investors bracing for bad news as headwinds gather

The so-called supermajors -- Exxon Mobil Corp., Royal Dutch Shell Plc, Chevron Corp., Total SA and BP Plc -- are expected to disclose a 42 percent plunge in third-quarter earnings, on average, when they post results this week. That drop-off is too steep to blame on the 18 percent decline in crude oil prices, which means executives will have some explaining to do.
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