Booming shale production lifts Exxon, Chevron forecasts as oil and gas earning season kicks off
(Bloomberg) – Exxon Mobil Corp. and Chevron Corp. surpassed earnings forecasts as bigger-than-expected oil output from shale fields helped cushion the blow from weakening crude prices.
Exxon rose as much as 1.6% in New York and Chevron climbed …