NEW YORK (Reuters) - Chevron Corp, the second-largest U.S. oil company, reported a 43 percent jump in quarterly profit on Friday, beating Wall Street forecasts as strong oil prices and fatter refinery margins offset a drop in oil output.
Reuters: Top News, Reuters
Fri, 07/29/2011 - 5:56am
NEW YORK (Reuters) - Chevron Corp, the second-largest U.S. oil company, reported a 43 percent jump in quarterly profit on Friday, beating Wall Street forecasts as strong oil prices and fatter refinery margins offset a drop in oil output.