Chevron profits jump on strong oil price
Chevron Corp, the second-largest U.S. oil company, reported a jump in quarterly profits on Friday as high oil prices and stronger refinery margins offset lower oil output.
Second-quarter profit rose to $7.7 billion, or $3.85 per share, from $5.4 billion, or $2.70 per share, a year earlier.
(Reporting by Matt Daily, additional reporting by Braden Reddall in San Francisco)
Revenue rose 30 percent to $69 billion.
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