Reports are coming in that the longest oil-refinery strike in a generation is coming to an end after the United Steelworkers and Royal Dutch Shell PLC, the company representing refinery operators, reached a tentative labor deal.  Terms of the agreement in principal were not immediately available, but union representatives stated that it includes annual wage bumps, as well as the continuation of employees’ current health care plan.

“Included are hiring plans to be developed in conjunction with recruitment and training programs,” said USW International Vice President Tom Conway.

As noted above, the deal in principal will bring to an end a six-week labor strike.  At its peak, more than 6,000 employees were off the job walking the pickets.

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