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Brent Crude Jumped 4% to $113. Trump Is Throwing $150 Million at Refiners

Source: 247wallst.com

Energy Markets & PricesFiscal Policy & BudgetCompany Fundamentals
Brent Crude Jumped 4% to $113. Trump Is Throwing $150 Million at Refiners

Washington is providing refiners $150 million to expand fuel supply while the refiners are reporting what the article calls the biggest margins in their history. The report gives no further details on the funding terms, recipients, or market response.

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