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Chevron profits plunge on weaker crude oil prices
2015-07-31 20:18:14| Oil & Gas - Topix.net
Chevron profits plunged 91 percent, a feeble financial result that was caused by falling oil prices and charges against earnings, the energy giant reported Friday in a release that came days after wide-ranging job cuts by the company. Shares of Chevron nose-dived more than 4 percent on Friday following the report, which missed Wall Street's expectations.
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Category:Energy and Environment
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