Chevron Posts Q1 Profit Beat With Oil Production Gains

(Reuters) – Oil giant Chevron Corp  beat estimates for first-quarter profit on Friday as higher production volumes in the U.S. helped offset a hit from weak natural gas prices and fuel margins. The second largest U.S. oil producer posted a profit of $5.5 billion in the quarter ended on March 31, down from $6.57 billion, or … Read more