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flag HF Sinclair reported a bigger-than-expected $191M loss in Q4 due to lower refining margins.

flag HF Sinclair Corporation reported a significant loss in the fourth quarter of 2024, with an adjusted net loss of $191 million, or $1.02 per share, more than anticipated by analysts. flag The loss is attributed to lower refining margins in the U.S., particularly in the West and Mid-Continent regions, due to high global fuel supply and reduced sales volumes. flag This trend affected other major U.S. refiners as well.

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