Chevron Profit Tumbles 71%

Swimming In Crude Oil? Record High Inventory Will...
Despite the recent price surge in crude oil this week, basically going from $81.50 to $87 a barrel within this week--thanks to a Fed's QE2-induced weak dollar-- oil inventories actually added...

Weak dollar driving up gas prices
What's causing the surge? Blame the weak dollar and increasing global demand for crude oil, plus speculative trading, experts say. Since oil is bought and sold in dollars, it's cheaper when...

Chevron Profit Tumbles 71%
Chevron Corp. says its second-quarter profit fell 71 percent as demand for crude oil and gasoline plunged.

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