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Chevron Corp. Announces a Lower Quarterly Earning of $5.1 Billion

Friday January 27, 2012, 11:02am PDT

Reuters reported that Chevron Corp. (NYSE:CVX) has announced a lower quarterly earning due to losses at its U.S. refinery business.

As quoted in the market news:

Its shares were down 2.2 percent at $104.21 by midday, nearly $7 short of the record high they hit early this month.

Click here to read the full Reuters report.

Tags: Oil, oil futures, Oil Market News, oil news, oil price, oil value


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