Chevron tops profit estimates, joins share buyback stampede ...Middle East

Chevron Corp on Friday reported its highest profit in six quarters and joined an oil industry stampede to reward investors with share buybacks, as rebounding crude oil prices carried earnings and cash flow to pre-pandemic levels. Oil and gas are trading near multi-year highs as fuel consumption has thrown off pandemic losses and natural gas has soared on weather demand. OPEC's decision to carry production curbs into next year has kept oil trading above $70 per barrel.

Read More Details
Finally We wish PressBee provided you with enough information of ( Chevron tops profit estimates, joins share buyback stampede )

Also on site :

• Diplomatic Talks: South Korea and China's Leaders to Confer
• Looks like it’s up to Hochul to kill the monstrous ‘assisted suicide’ bill
• Hooray! America is finally heading toward race and gender fairness