Stock Market News
Chevron California refinery workers ratify contract; ending strike -sources
2022.05.29 03:01
FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, April 25, 2013. REUTERS/Mike Blake/File Photo
HOUSTON (Reuters) – Striking workers at Chevron Corp (NYSE:CVX)’s Richmond, California, refinery voted on Saturday to ratify the latest contract offered by the company, ending a 10-week strike, said sources familiar with the vote.
About 500 workers began the strike on March 21 in a dispute over pay to match the high-cost of healthcare in the San Francisco Bay area where the 245,271-barrel-per-day refinery is located.