United States Giant oil producer Chevron Corp (CVX.N) swung to a quarterly profit on Friday as some costs fell and production jumped.
The company reported a second-quarter net income of $1.45 billion, or 77 cents per share, compared to a net loss of $1.47 billion, or 78 cents per share, in the year-ago quarter.
Production rose 10 percent to 2.89 million barrels of oil equivalent per day, Reuters reports.
