Why it matters
A transaction involving U.S. refineries could matter to the domestic refining industry and its businesses, but the article does not establish effects on fuel prices, supply or jobs.
ECONOMY • UNITED STATES
CVR Energy is nearing a deal for Marathon refineries valued above $4 billion
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BLUF
CVR Energy is close to a deal to acquire Marathon refineries for more than $4 billion, The Wall Street Journal reports. The article says global conflicts have boosted sales for U.S. refiners but provides no details on the assets or timing of a deal.
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