U.S. refiners are in the midst of a surprise export boom.
Normally in the summer refiners do a brisk business selling fuel close to home – revving up gasoline production for the peak driving season. Continue reading “Surprising Oil Export Boom | Carmen Roberts Reports”
Stocks rallied on word a deal on the fiscal cliff was in sight with only hours to go before the midnight deadline. But the final day of trading for 2012 wrapped up without any resolution from Congress.
Stocks snapped a five-day losing streak to end with gains across the board. For the year, the benchmark indexes were all higher, with the Nasdaq climbing 16 percent.
Continue reading “Stocks Rally on Cliff Hopes | Carmen Roberts Reports”