oil refiners

4 Refiners Could See Massive Earnings Increase From Trump Tax Bill

With oil solidly back at over $56 a barrel for West Texas Intermediate and almost $64 for Brent crude, long-suffering energy investors are finally getting some relief after the sector ...
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RBC Sees Huge 2018 Potential for 4 Top Refining Stocks

A few years ago, some of the hottest stocks in the energy sector were the refiners, as high prices pushed production and refining needs. Then along came a huge drop ...
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Phillips 66 Unloads Dakota Access Pipeline, Other Assets on MLP

Oil refiner Phillips 66 (NYSE: PSX) has agreed to sell to its midstream partner, Phillips 66 Partners L.P. (NYSE: PSXP), the parent company's 25% stake in the Dakota Access Pipeline ...
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5 Most Important Things in Business Today

Apple Inc. (NASDAQ: AAPL) will launch new iPhones. Rumors are that there will actually be three. The first will be the iPhone 8, the next the iPhone 8 Plus and ...
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Texas Oil & Gas Industry Recovering From Harvey

As water levels drop in the areas hardest hit by tropical storm Harvey, the focus has turned to the hundreds of thousands of people affected by the storm who require ...
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6 Most Important Things in Business Today

Hurricane Harvey headed toward the Texas border with Louisiana, threatening more refinery capacity. Energy companies are likely to shutter additional large refineries in the area, further driving up the price ...
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6 Most Important Things in Business Today

Uber picked Expedia Inc. (NASDAQ: EXPE) CEO Dara Khosrowshahi to run the huge ride-sharing service. The company's previous CEO, Travis Kalanick, stepped down as a battle on the board and ...
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America’s Largest Refinery Threatened by Hurricane Harvey

America's largest refinery, Port Arthur, was hit by Hurricane Harvey today. The location, owned by Saudi Aramco, can refine as much as 600,000 barrels a day. The threat to the ...
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UPDATE: Harvey Upgraded to Hurricane, on Track for Gulf Coast Refineries

UPDATE: At 1 p.m. CT, the National Hurricane Center upgraded tropical storm Harvey to Hurricane Harvey. The storm now clocks sustained winds of 85 mph and continues on its slow ...
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Tropical Storm Harvey Takes Aim at Gulf Coast Refineries

U.S. oil refineries have been processing more than 17 million barrels of oil a day for the past several weeks. More than half that total, about 9.4 million barrels a ...
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Record-Level US Refinery Runs Keeping Crude, Gasoline Prices Low

Since the U.S. Energy Information Administration (EIA) began keeping weekly records in 1990, crude oil input to U.S. refineries has topped 17 million barrels a day just 24 times. Also ...
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Pump Prices Remain Low as Refineries Soak Up US Crude Oil Inventories

When the U.S. Energy Information Administration (EIA) released its report on U.S. crude oil inventories Thursday, the agency noted a 6.4 million barrel week-over-week decline in crude oil and a ...
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Crude Oil Prices Fall on Smaller-Than-Expected Inventory Decline

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 900,000 barrels last week, maintaining a total U.S. commercial crude ...
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How Russia Could Soon Own 3 US Oil Refineries

That Venezuela is a nation in danger of going bankrupt is not news. The country has been headed that way for some time. What is news is that Venezuela's national ...
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Many Analysts Ratings and Target Changes Seen in Oil & Gas

Thursday’s top analyst upgrades, downgrades and initiations contained many individual stock calls. Also seen was an unusual number of changes in analyst ratings, targets and estimates in the energy sector. ...
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