Chevron third-quarter profits beat expectations


Chevron posted better-than-expected third-quarter profits on Friday amid solid demand.

In the three months to 30 September, net profit rose to $11.2bn from $6.1bn in the same period a year earlier, with diluted earnings per share of $5.78, versus $3.19. This was comfortably ahead of analysts' forecasts for diluted EPS of...