CHEVRON: 1Q DOWN
WSJ. Chevron Corp. said its first-quarter global oil and gas production is expected to drop from the year-ago quarter, as poor weather led to downtime in the U.S., Canada and other regions.
Chevron, the second-largest U.S. oil company in market value after Exxon Mobil Corp., forecast first-quarter earnings to be lower than the fourth quarter, hurt by foreign-currency fluctuations and asset impairments and…
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