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Chevron to axe staff from global energy trading desks

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Published Fri, Oct 9, 2015 · 09:50 PM

    Singapore

    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 its staff from the Houston-based Supply and Trading group, which also has offices in Singapore, London and San Ramon in California.

    ChevronOil prices

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