Posted AT 1:56 PM EST on 30/10/09
Chevron profit slumps 51 per cent
New York — Chevron Corp. said Friday it pumped its way through a weak third quarter, producing more oil as prices recovered from a severe plunge earlier in the year.The second-largest U.S. oil and gas producer boosted revenue by increasing oil production by 11 per cent. Its average sale price for crude and natural gas liquids over the past three months was $62 (U.S.
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