weak global margins swing refining business to a loss Chevron's global oil & gas output relatively flat at 3.35 million boepd Expects output growth of 6% to 8% in 2025, 3% to 6% on 2026 Jan 31 ...
Chevron (CVX) and Exxon Mobil (XOM) both closed lower after reporting earnings results, with steep declines in refining profits due to lower fuel margins. Although oil and gas tariffs could ...