Chevron has reported a loss of $588 million in the fourth quarter of 2015, compared with earnings of $3.5 billion in the 2014 fourth quarter (Q4).
A statement from the oil giant said that foreign currency effects increased earnings in the 2015 quarter by $46 million, compared with an increase of $432 million a year earlier.
It said that full-year 2015 earnings were $4.6 billion compared with $19.2 billion in 2014 and sales and other operating revenues in Q4 2015 were $28 billion, compared to $42 billion in the year-ago period. [myad]
