NEW YORK CITY: Chevron became the latest player in the oil industry to report a loss in the fourth quarter over the weekend, as the red ink from the oil bust spreads to bigger companies.
Chevron, the second-largest US oil company, announced a $588 million loss for the quarter ending December 31. Wall Street analysts had not expected a quarterly loss, Chevron’s first since 2002.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.