This Week’s Market Buzz

• Oil prices rose after government data showed a large decline in U.S. inventories of crude oil and an increase in demand for gasoline even as the summer driving season prepares to slow down. Light sweet crude for September delivery rose 78 cents, or 1.1 percent higher at $69.30 a barrel. Brent crude rose 0.7 percent to $73.93 a barrel.

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Martin Marietta Climbs to Record Q2 Revenues; Profits

Martin Marietta Materials is reporting record revenues, profits and diluted earnings per share for its second quarter. The company’s gross revenues climbed to $1.20 billion, up from $1.06 billion in the second quarter of 2017. The company’s gross profit hit $316 million, versus $274 million in the second quarter of 2017.

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Metso Adds Yancey Bros. to Aggregates Distributor Network

Metso recently added Yancey Bros. Co., the oldest Caterpillar dealer in the U.S., to its North American distributor network. The Austell, Ga.-based dealer will offer Metso’s mobile and stationary crushing and screening products to area construction, recycling and roadbuilding customers. “Yancey is proud to add Metso crushing and screening products to the portfolio of equipment we provide to our customers,”…

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