Chevron says Pascagoula crude unit fire out
HOUSTON May 9 (Reuters) - Chevron Corp (CVX.N) said a fire on a crude distillation unit at its 330,000 barrel-per-day (bpd) was quickly extinguished Monday morning with no injuries.
Traders in Gulf Coast markets said the shutdown of the crude unit at the Pascagoula refinery contributed an increase of more than 6 cents in the per-gallon price for conventional gasoline on Monday.
Chevron spokeswoman Katherine Swetman declined to discuss the status of units at the refinery or if the plant was operating normally. (Reporting by Erwin Seba and Kristen Hays)
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.