Oil Investing News » Chevron Corp. Announces a Lower Quarterly Earning of $5.1 Billion

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

January 27, 2012 @ 11:02 am In Oil Market News

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.

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[1] Click here to read the full Reuters report.: http://www.reuters.com/article/2012/01/27/us-chevron-idUSTRE80Q11C20120127