Chevron Corp. reported a loss that was double analysts’ estimates amid an oil-market collapse that’s sparked currency crises, corporate bankruptcies, credit downgrades and hundreds of thousands of layoffs across the industry. Chevron swung to a loss of $725 million, or 39 cents a share, from a profit of $2.6 billion, or $1.37 a year earlier, the San Ramon, California-based company said in a statement on Friday. The result was worse than the average 19-cent loss expected by 19 analysts in a Bloomberg survey. Sales dropped […]

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