Tuesday, June 28, 2016

Newest U.S. refinery sold at a loss, hurt by oil price slump

HOUSTON, June 28 (Reuters) - A North Dakota refinery that

was the first to be built in the United States since the 1970s

has been sold at a loss, with profit elusive since it opened

last year, as low oil prices took a toll on the region's

energy industry, crimping the appetite for diesel.

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