Chevron CEO defends expected $10 billion write down, saying good performance ‘isn’t good enough’

Read Full Article At The Original Source

“We regularly take a look at long-term outlook for commodity markets,” Chevron’s Michael Wirth says. “As we do that, we also look at assets and which will deliver the highest returns on investment for our shareholders.”


Author: HEDGE

Hedge Accordingly was founded ahead of the global financial crisis in January of 2008, with the goal of providing our readers our unique take on The Latest News on Wall Street, Stocks, #Politics and Business news. Hedge Accordingly produces both original, and aggregated #Wallst news content from top publishers around the world. We curate aggregated content covering the latest news on politics, stocks, wall street, and the tech industry. We also provide free stock charting, quotes and a bitcoin, forex and currency exchange. Learn More About