Chevron Profits Nearly Triple to $9.9 Billion

9 billion, with its refineries doing much of the heavy lifting despite processing just 3% more crude than a year earlier. 82 a year ago. 89. 14 billion reported a year earlier. S. 59 billion from just $638 million. S. 09 million barrels per day. S. 59 billion. Chevron didn't need to sell much more fuel to make nearly $3 billion more.

With roughly 10% of global fuel-making capacity sidelined by the Iran war and Ukrainian attacks on Russian refineries, Chevron is getting considerably more money for essentially the same amount of fuel. Chevron also benefited from higher crude prices. 3 billion. 09 million a year earlier, reflecting Middle East disruptions and lower production entitlements associated with higher prices.