(Reuters) - Oil producer Chevron Corp reported a 90 percent drop in second-quarter profit on Friday as falling oil prices eroded results.
The company posted net income of $571 million, or 30 cents per share, compared with $5.67 billion, or $2.98 per share, in the year-ago period.
Production rose 2 percent to 2.6 million barrels of oil equivalent per day (boe/d).
(Reporting by Ernest Scheyder)