Chevron corp.

Chevron Corporation (CVX) said that second-quarter results should be higher than in the first quarter, boosted by improvements in downstream results. The refining margin for U.S. West Coast crude was $16.30 a barrel in the second quarter through June, compared with $13.04 in the first quarter,...

Chevron, the second-largest U.S. oil company, says it will eliminate 2,000 jobs this year with more job cuts expected in 2011.