SECURITIES AND EXCHANGE COMMISSION 
                        WASHINGTON, D.C. 20549-1004 
  
                                  FORM 8-K 
  
                               CURRENT REPORT 
                   PURSUANT TO SECTION 13 OR 15(d) OF THE 
                      SECURITIES EXCHANGE ACT OF 1934 
  
  
                    November 27, 1998 (November 27, 1998) 
              ________________________________________________ 
              Date of report (Date of earliest event reported) 
  
  
                             Mobil Corporation 
           ______________________________________________________ 
             (Exact Name of Registrant as Specified in Charter) 
  
  
    Delaware               1-7555                 13-2850309 
 ______________     _____________________      __________________ 
 (State of          (Commission File No.)      (IRS Employer 
 Incorporation)                                Identification No.) 
  
  
                             3225 Gallows Road 
                        Fairfax, Virginia 22037-0001 
                         Telephone: (703) 846-3000 
        ____________________________________________________________ 
                  (Address of Principal Executive Offices) 
  































                                            

 Item 5.   Other Events. 
  
           The Registrant hereby incorporates by reference herein the
 information set for in its News Release dated November 27, 1998, a copy of
 which is annexed hereto as Exhibit 99. 
  
  
 Item 7.   Financial Statements, Pro Forma  
           Financial Information and Exhibits. 
  
  
      (c)  Exhibits 
  
           99             Mobil Corporation News Release dated November 27,
                          1998 
  

  













































                                            


                                   Signatures
  
       Pursuant to the requirements of the Securities Exchange Act of 1934,
 as amended, the Registrant has duly caused this report to be signed on its
 behalf by the undersigned hereunto duly authorized. 
  
 Dated:  November 27, 1998 
  
  
                        MOBIL CORPORATION 
  

                        By:  /s/ Gordon G. Garney  
                           ----------------------------------
                           Name:  Gordon G. Garney 

                           Title: Senior Assistant Secretary 
                                 













































                                            

                                  EXHIBIT INDEX
  
 Exhibit No.              Description 
  
 99                       Mobil Corporation News Release dated 
                          November 27, 1998
[{"type": "8-K", "sequence": "1", "secsgml_size_bytes": 2759}]
{"company-data": {"conformed-name": "MOBIL CORP", "cik": "0000067182", "assigned-sic": "2911", "irs-number": "132850309", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-07555", "film-number": "98760641"}, "business-address": {"street1": "3225 GALLOWS RD", "city": "FAIRFAX", "state": "VA", "zip": "22037-0001", "phone": "7038463000"}, "mail-address": {"street1": "3225 GALLOWS ROAD", "city": "FAIRFAX", "state": "VA", "zip": "22037-0001"}}
SECURITIES AND EXCHANGE COMMISSION 
                        WASHINGTON, D.C. 20549-1004 
  
                                  FORM 8-K 
  
                               CURRENT REPORT 
                   PURSUANT TO SECTION 13 OR 15(d) OF THE 
                      SECURITIES EXCHANGE ACT OF 1934 
  
  
                    November 27, 1998 (November 27, 1998) 
              ________________________________________________ 
              Date of report (Date of earliest event reported) 
  
  
                             Mobil Corporation 
           ______________________________________________________ 
             (Exact Name of Registrant as Specified in Charter) 
  
  
    Delaware               1-7555                 13-2850309 
 ______________     _____________________      __________________ 
 (State of          (Commission File No.)      (IRS Employer 
 Incorporation)                                Identification No.) 
  
  
                             3225 Gallows Road 
                        Fairfax, Virginia 22037-0001 
                         Telephone: (703) 846-3000 
        ____________________________________________________________ 
                  (Address of Principal Executive Offices) 
  

                                            

 Item 5.   Other Events. 
  
           The Registrant hereby incorporates by reference herein the
 information set for in its News Release dated November 27, 1998, a copy of
 which is annexed hereto as Exhibit 99. 
  
  
 Item 7.   Financial Statements, Pro Forma  
           Financial Information and Exhibits. 
  
  
      (c)  Exhibits 
  
           99             Mobil Corporation News Release dated November 27,
                          1998 
  

  

                                            

                                   Signatures
  
       Pursuant to the requirements of the Securities Exchange Act of 1934,
 as amended, the Registrant has duly caused this report to be signed on its
 behalf by the undersigned hereunto duly authorized. 
  
 Dated:  November 27, 1998 
  
  
                        MOBIL CORPORATION 
  

                        By:  /s/ Gordon G. Garney  
                           ----------------------------------
                           Name:  Gordon G. Garney 

                           Title: Senior Assistant Secretary 
                                 

                                            

                                  EXHIBIT INDEX
  
 Exhibit No.              Description 
  
 99                       Mobil Corporation News Release dated 
                          November 27, 1998