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Falling oil prices push Chevron to first loss since 2002

2016-01-29 21:56:09| Oil & Gas - Topix.net

Chevron suffered its first money-losing quarter since 2002 in the final three months of last year, as plunging crude prices chopped more than one-third from its revenue. Oil traded this month at levels not seen since 2003, although it has rebounded slightly in the last few days.

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