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Oil prices rise, as US refineries restart

Crude oil prices rose and gasoline fell by about three per cent on Tuesday as the gradual restart of refineries in the US Gulf that were shut by Hurricane Harvey raised demand for crude and eased fears of a fuel supply crunch.

Texas was edging towards recovery from the devastation of Harvey that hit its coast late on August 25, as shipping channels, oil pipelines and refineries restarted some operations. At its peak, the hurricane knocked out almost a quarter of all US refining capacity.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 31/08/17

1 year TSR5 year TSR
220thFortescue Metals Group30%15%
717 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

23/08/17
$510k Bought
20/04/17
$52k Bought
03/11/16
$6.9m Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Fortescue Metals Group$10,999.7m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

4thNev Power$5.324m
662ndMark Barnaba$223k
779thSharon Warburton$170k
Ranked by total remuneration from all listed WA companies

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