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Stock Market & Financial Investment News

News Breaks
June 25, 2014
14:40 EDTHFCHollyFrontier trades off lows, levels to watch
The shares are trading off the session lows following a Bloomberg report in which the White House denied there had been any changes to U.S. oil export policies. Earlier reports claimed there was a loosening on export restrictions, and refiners fell on concerns that they might need to pay higher crude prices which would crimp their profit margins. Shares were last at $45.88, with resistance at the session high at $47. Support is at $45, an area where the shares based earlier in the day.
News For HFC From The Last 14 Days
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April 20, 2015
15:35 EDTHFCSenator to introduce legislation to repeal U.S. crude export ban, Fuelfix says
Senator Lisa Murkowski, the head of the Senate Energy and Natural Resources Committee, pledged during the IHS Energy CERAWeek conference to advance legislation lifting the U.S. ban on crude oil exports, reported Fuelfix. Publicly traded refiners include Delek US (DK), HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). Reference Link
14:56 EDTHFCSenator to introduce legislation to repeal U.S. crude export ban, Reuter says
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06:19 EDTHFCCiti still bullish on U.S. Refiners, Marathon Petroleum a top pick
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