Chevron Stock Rises After Profit Nearly Triples To $9.9 Billion On Record Refining

The post Chevron Stock Rises After Profit Nearly Triples To $9.9 Billion On Record Refining appeared first on Coinpedia Fintech News

Chevron and Exxon Mobil both topped third-quarter forecasts on Friday, powered by US refineries running flat out to meet strong demand for diesel. Attacks on refineries in Russia and the Middle East have pushed global diesel prices sharply higher, and American refiners stepped up output to fill the gap. Chevron’s net income nearly tripled to …