Chevron U.S. Production Sets New Record in 4Q -- Energy Comment
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Chevron's U.S. net production reached a new high in the fourth quarter, primarily due to the acquisition of PDC Energy, which added 266,000 oil-equivalent barrels per day. Internationally, net oil-equivalent production fell 1.4% in the quarter. Chevron's annual worldwide net oil-equivalent production increased to over 3.1 million barrels of oil-equivalent per day, with 14% growth in the United States. In the downstream business, refinery crude oil inputs rose 4% in the U.S., while internationally, refinery crude oil inputs fell 4% due to planned shutdowns. Refined product sales in the U.S. were up 5% from the year-ago period, primarily driven by higher demand for jet fuel. Internationally, refined product sales were flat compared to the fourth quarter of last year.

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https://www.marketwatch.com/story/chevron-u-s-production-sets-new-record-in-4q-energy-comment-ee011f9c