Tesoro Logistics to Buy Alaska Assets From Tesoro for $444 Million

U.S. refiners like Tesoro have begun to see their profits hurt by low crude oil prices in the first quarter after posting strong profits in the past 18 months.

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Bibliographic Details
Published inDow Jones DBR High Yield
Main Author By Brittney Laryea
Format Trade Publication Article
LanguageEnglish
Published New York Dow Jones & Company Inc 01.07.2016
Subjects
Acquisitions & mergers
Crude oil
Crude oil prices
Logistics
Profits
Refineries
Stock prices
United States > US
Online AccessGet full text

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Summary:U.S. refiners like Tesoro have begun to see their profits hurt by low crude oil prices in the first quarter after posting strong profits in the past 18 months.