|Chennai||Rs. 27770.00 (-0.14%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
: Chevron Corp., the nation's second-largest oil company, reported third-quarter net income of $5.25 billion, or $2.69 per share. Revenue totaled $55.66 billion.
CRUDE AWAKENING: The sluggish global economy has cut into worldwide demand for energy products and concerns about growth have caused oil and natural gas prices to fall. Chevron also faced a series of issues that affected production, including Hurricane Isaac in the Gulf of Mexico, a California refinery fire and maintenance on facilities.
PRODUCTION PUSH: Chevron expects production to increase in the fourth quarter from the third quarter.