BP Prudhoe Bay Royalty Trust is set up in the following manner. BP Exploration, Inc. conveyed an overriding royalty interest on barrels of oil to The Standard Oil Company. The Standard Oil Company, in turn, conveyed these interests to the BP Prudhoe Bay Royalty Trust....
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Fed's new chairman Jerome Powell testifies before Congress for the first time. He vows to prevent price instability for U.S. consumers, firms, and finan
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