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Chevron to axe staff from global energy trading desks

The sign of a Chevron gas station is pictured in Encinitas, California in this Jul 28, 2011 file photo.


ENERGY giant Chevron Corp will be cutting staff from its global energy trading desks as crude oil prices remain depressed, and jobs in Singapore might be affected.

Reuters reported on Friday that Chevron, the second-largest US oil company, might shed up to 10 per cent of