U.S. oil major Chevron has doubled its third quarter earnings on the back of higher oil and gas prices.
Chevron on Friday reported earnings of $4 billion for third quarter 2018, compared with $2 billion in the third quarter of 2017.
Included in the current quarter were a write-off, an asset impairment, and a non-recurring contractual settlement totaling $930 million in the upstream segment, and a gain of $350 million on the sale of southern Africa refining, marketing and lubricant assets, Chevron said on Friday.
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