NEW YORK, Jan 19 (Reuters) - Giant oil company Chevron Corp (CVX.N) plans to restructure its refinery operations, cutting some jobs and exiting some markets, a company spokesman said on Tuesday.
U.S. refiners have been shutting down operations as the rising costs for crude oil squeeze margins and outpace increases in prices for refined products such as gasoline, heating oil, diesel fuel and jet fuel.
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Tuesday, January 19, 2010
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