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Chevron profit rises 4 percent, even as production falls

Chevron Corp, the second-largest U.S. oil company, reported a slightly higher-than-expected quarterly profit as rising oil prices and refining margins made up for a decline in oil and gas production.

 

Chevron profit rises 36 percent on high oil prices

Chevron says first-quarter earnings rose 36 percent. The company received higher prices for the oil it produced, and also made more money from refining oil.

 

Chevron Cuts Jobs, Puts Refinery On The Block

It picked a bad time to sell a refinery in the developed world, but Chevron lightens up to focus on Asia and gas.

 

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