Roundup: ExxonMobil spending cuts / US jobs growth / Mortgage rates fall By Deanna B. Narveson - March 6, 2020 FacebookTwitterLinkedinEmailPrint Dropping oil prices: ExxonMobil announced this week it plans to reduce the number of oil rigs operating in the Permian Basin and may cut planned capital expenditures as the spreading coronavirus saps … Already an INSIDER? Sign in.