SAN FRANCISCO (AFX) -- Chevron Corp. said late Wednesday that it sees its U.S. Gulf oil and gas output rising 25% to 200 million barrels of oil equivalent per day in the first quarter, up from 160 million bpd in the previous quarter, as it continues to restore hurricane-damaged facilities in the region. The nation's No. 2 oil company also estimated that losses from foreign currency exchange rates in the first two months of the year totaled about $76 million, while net after-tax charges for the first three months of the year will likely add up to $160 million to $200 million. This story was supplied by MarketWatch. For further information see www.marketwatch.com.