HF Sinclair's Q4 Loss Surges
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weaker refining marginsReuters
•Business
Business & Economics
HF Sinclair posts bigger-than-expected loss on lower refining margins

82% Informative
U.S. refiners have seen earnings slide from record levels hit in 2022 , when a recovery in demand following the COVID-19 pandemic and Russia 's invasion of Ukraine had driven up fuel prices.
Bigger rivals Valero Energy and Marathon Petroleum as well as energy majors such as Exxon Mobil and Chevron took hits to their earnings in the fourth quarter .
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