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Chevron expects annual production at low-end of prior forecast

2023-07-28 18:58
(Reuters) -Chevron Corp said on Friday that its annual production forecast was near the low-end of its previously estimated range.
Chevron expects annual production at low-end of prior forecast

(Reuters) -Chevron Corp said on Friday that its annual production forecast was near the low-end of its previously estimated range.

For the current quarter, Chevron said it was expecting upstream turnarounds and downtime to reduce production by about 110,000 barrels of oil equivalent per day (boepd).

(Reporting by Arunima Kumar in Bengaluru; Editing by Shinjini Ganguli and Anil D'Silva)