OUTLOOK, OPPORTUNITIES SPARK MOBIL OUTLAYS

Mobil Corp. will increase its capital and exploration spending to an estimated $5 billion plus this year from $4.4 billion last year. Allen E. Murray, chairman and chief executive officer, told the Mobil shareholders annual meeting capital spending is influenced by "an encouraging assessment of the future, Mobil's ability to compete favorably, an abundance of attractive investment opportunities, and environmental requirements." Murray said excess crude supply could depress prices for a

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