Oil giant Chevron Corp CVX-N beat estimates for first-quarter profit on Friday as higher production volumes in the U.S. helped offset a hit from weak natural gas prices and fuel margins.
The second largest U.S. oil producer posted a profit of $5-billion in the quarter ended on March 31, down from $6.57-billion, or $3.46 per share from a year ago. Results beat consensus by 2…

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