oil refiners

Congress to abolish crude export restrictions, oil refiners to receive $3 a barrel tax break

Forty year old oil export restrictions to be lifted in exchange of tax credit conditions from the Democrats.

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Japan Intervenes in Forex Market with Sizeable $62 Billion Move

Japan's Ministry of Finance released data on Friday that verified the nation's first currency intervention since 2022 following the yen fell in April to a 34-year low.

Expired Subsidy Leaves Millions Facing Internet Affordability Crisis

A lack of funds from Congress is causing the largest broadband affordability program in the country to come to an end.

Tesla Shareholder Sues Musk, Alleging $7.5 Billion Insider Trading Scheme

When Elon Musk, the CEO of Tesla, sold more than $7.5 billion worth of the company's stock in late 2022, a shareholder filed a lawsuit on Thursday accusing Musk of engaging in insider trading. T

Top Earners May Need to Reconsider As Remote Work Booms

According to the high-paying employment website Ladders, greater compensation necessitates greater dedication, which includes turning up to work every day.

Orange Juice Costs Surge, Threatening Breakfast Staple

Due to ongoing supply shortages, orange juice prices have reached new all-time highs, sending the sector into crisis mode and compelling some producers to look at using other fruits.

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Could Economic Uncertainty Push Up Gold Prices in June?

In 2024, gold has seen tremendous growth thus far. The price of the product increased by more than 18% this year alone, from $2,063.73 per ounce on January 1 to $2,439.98 per ounce on May 20. Even if it has somewhat decreased recently, if you own gold or are thinking about buying some, you might be wondering if the rising trend will last for the remainder of the year.