Chevron's profit falls due to weaker oil and gas prices

HOUSTON (Reuters) - Chevron Corp reported a larger-than-expected 36% drop in third-quarter profit on Friday, hit by lower oil and gas prices despite an overall increase in its output.Results mirrored weaker earnings at BP Plc and Royal Dutch Shell , which indicated they might delay dividend increases or a buyback programme due to low prices. Exxon Mobil earlier on Friday reported its profits fell by nearly half from a year ago, citing lower oil and gas prices."Lower crude oil and natural gas..