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HOUSTON (AP) — Chevron Corp. said Thursday its second-quarter earnings from pumping oil will be improved from the first three months of the year, when low crude and natural-gas prices contributed to the worst results in years for oil companies.
TORONTO (Reuters)- Toronto's main stock index snapped a three-session skid on Thursday, finishing more than 1 percent higher as a rise in commodity prices gave a boost to the resource-heavy market.
SINGAPORE (Reuters) - Oil resumed its fall toward $60 on Friday and looks set to end the week down around 8 percent, its largest weekly fall since late January, on deepening economic pessimism and fears of new regulations to curb futures speculation.
Wall Street ekes out gain on banks, materials
SAN FRANCISCO, July 10 — Chevron Corp reported a sharp decline in second-quarter US refining margins and said the benefits of higher oil prices were largely offset by a weaker dollar, and its shares fell 1.6 per cent. The second-largest US oil company said yesterday the decline in second-quarter US refining margins more than offset an increase in marketing margins, while margins were mixed ...
HOUSTON - Chevron Corp. said Thursday its second-quarter earnings from pumping oil will be improved from the first three months of the year, when
SAN FRANCISCO (Reuters) - Chevron Corp warned that second-quarter earnings would be hit by a sharp decline in U.S. refining margins and that any benefits from higher oil prices were largely offset by a weaker dollar, sending its shares down 1.8 percent.
Chevron Corp. said Thursday its second-quarter earnings from pumping oil will be improved from the first three months of the year, when low crude and natural-gas prices contributed to the worst results in years for oil companies. But the nation's second-... Sponsored Topics: oil price - Business - Natural Gas Prices - Price of petroleum - Energy
Chevron says gains from higher oil prices have been mostly wiped out by the stronger dollar, while earnings from refining operations would be “significantly lower” than in the first quarter.
Earnings from refining and selling fuel will be far lower compared to the first quarter energy giant says
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