29.07.2016 - The report of Chevron has led to a drop in shares

The American company Chevron has reported for the second quarter of this year. As a result, quotes have fallen after it became known that the loss of the company in the last quarter was 1.5 billion compared to 571 million profit for the same period last year. Revenue fell to 29.3 billion compared with 40.4 billion a year earlier. We expect a further price reduction by 10-12% in the near future against the background of weak reporting and the negative impact of falling oil prices.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.