Chevron posts profits on big cost cuts, improving oil prices

Chevron posts profits on big cost cuts, improving oil prices

HOUSTON, Oct. 30 (Reuters) – Chevron Corp reported adjusted third-quarter earnings on Friday as oil prices recovered from spring lows and spending cuts boosted operating results. Chevron and its peers have cut spending budgets this year due to falling demand and crude oil prices remaining about 40% below their start-of-year level. Royal Dutch Shell Plc […]

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