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Exclusive: BP gives Caribbean refinery more time to hit operating targets - sources

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NEW YORK (Reuters) - BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, according to people familiar with the matter.
FILE PHOTO: The installations of the Hovensa petroleum refinery are seen in St Croix, U.S. Virgin Islands June 28, 2017. Picture taken June 28, 2017. REUTERS/Alvin Baez/File Photo
Last month, BP threatened to walk away from a 2018 agreement to supply up to 200,000 barrels per day (bpd) of crude oil and buy the resulting fuels if the Limetree Bay refinery in St. Croix, U.S. Virgin Islands could not bring all its units online by mid-January. The refinery has been idled since 2012. ....

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US corporate buybacks are on the rise, lifting investor hopes

Buybacks are not likely to return this year to pre-pandemic levels, but recent buyback talk from companies has lifted investor hopes that repurchase trends have turned the corner, thanks to optimism over the rollout of vaccines to fight COVID-19. ....

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Global bond funds see massive inflows in week to Jan. 20: Lipper

Global bond funds lead inflows in the seven days to Jan. 20 as hopes of big fiscal stimulus packages under the new U.S. administration under President Joe Biden increased bets of a swift global economic recovery. ....

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Anleihen-ETF: Sichere Anlageform? | Vorteile und Risiken

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Exclusive: BP gives Caribbean refinery more time to hit operating targets - sources

BP Plc has given the operator of a Caribbean refinery more time to fully restart and retain its crude oil supply agreement after the plant failed to hit operating targets last year, according to people familiar with the matter. ....

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