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St. Louis Fed’s Bullard says U.S. may only need single rate hike for now
June 17, 2016 by admin · Leave a Comment
The U.S. economy, stuck in a slow-growth pattern that is likely to persist for the forseeable future, may need no more than a single additional rate hike for as long as 2.5 years, St. Louis Fed President James Bullard said on…
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St. Louis Fed’s Bullard says U.S. may only need single rate hike for now
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Global oil majors look to shed refineries as crude prices rebound
June 17, 2016 by admin · Leave a Comment
By Jessica Resnick-Ault NEW YORK (Reuters) – Global oil majors Chevron Corp and Royal Dutch Shell Plc are putting small refineries on the auction block as they look to trim lower-margin assets in the face of headwinds from rising crude oil prices. Chevron, the second largest U.S. oil company, is soliciting interest in its Burnaby, British Columbia, refinery and gasoline stations, the company told Reuters. Shell is looking for buyers for its Martinez, California, refinery, two people familiar with
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Global oil majors look to shed refineries as crude prices rebound