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Wall St. pares losses, Dow edges up
ReutersNEW YORK (Reuters) - Stocks slipped on Thursday, recovering from session lows as encouraging domestic economic data and a rally in Hewlett-Packard's shares offset concerns about the timing of any reduction in the Federal Reserve's monetary stimulus....Tags: Labor Markets, DirecTV Group Inc., Carnival Corporation, Commodity Markets, Instrument Engineering
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PRESS DIGEST-Canada-May 23
ReutersMay 23 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL * A draft report on Prince Edward Island Senator Mike Duffy's...Tags: John Kerry, Enbridge Incorporated, Canadian Pacific Railway Limited, Canada, Railway Transportation
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RPT-Sell cheap fuel and profit - Delta Air Lines' refining 101
Reuters* Delta's Trainer refinery could take 50,000 bpd of Bakken crude by end year * Delta eyes chances to ship jet fuel to Midwest markets By Matthew Robinson NEW YORK, May 23 (Reuters) - Making money in the refining business is generally a pretty...Tags: Petroleum Industry, Air Transportation Industry, Delta Air Lines, BP Plc, New York City
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Nigeria's NNPC and Exxon unit to tap bond market by 2016
ReutersABUJA/GENEVA, May 23 (Reuters) - Nigeria's state oil company and a subsidiary of Exxon Mobil plan to tap the bond market by 2016 to fill a funding shortfall in their oil exploration joint venture, the companies said. Exxon and the Nigerian National...Tags: Petroleum Industry, Financial Markets, Joint Ventures, Bonds, Companies and Corporations
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CBOT early calls: Wheat up 3-5 cents, corn dn 1-2, soy dn 1-2
ReutersMay 23 (Reuters) - Following are U.S. trade expectations for the reopening of the Chicago Board of Trade grain and soy complex trading at 8:30 a.m. CDT (1330 GMT) on Thursday. WHEAT - Up 3 to 5 cents per bushel Short-covering and bargain buying after the...Tags: Chicago Board of Trade
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Marathon Oil says no deal reached for sale of oil sands stake
ReutersMay 23 (Reuters) - Marathon Oil Corp said on Thursday that negotiations to sell a portion of its 20 percent stake in the Athabasca Oil Sands Project in Canada had ended without a deal. An agreement with the prospective purchaser was not reached and the... -
REFILE-RPT-Sell cheap fuel and profit - Delta Air Lines' refining 101
Reuters* Delta's Trainer refinery could take 50,000 bpd of Bakken crude by end year * Delta eyes chances to ship jet fuel to Midwest markets By Matthew Robinson NEW YORK, May 23 (Reuters) - Making money in the refining business is generally a pretty...Tags: Petroleum Industry, Delta Air Lines, Air Transportation Industry, New York City, BP Plc
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US Cash Products-Group Three gasoline extends declines
Reuters* Group Three falls further, Chicago rebounds slightly * Gulf gasoline down on robust supply, pipeline scheduling * Harbor gasoline slips on higher stocks HOUSTON, May 22 (Reuters) - Group Three gasoline differentials extended their slide from last week'...Tags: Petroleum Industry, Diesel Fuel, Energy Resources, Kerosene, Enterprise Products Partners LP
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COMMODITIES-Oil down on high gasoline stocks, gold slips on Fed
Reuters* Brent crude slips below $103 as gasoline inventories surge * Gold falls as Bernanke cautions about low US rates * Copper hits 6-week high after no word on Grasberg restart By Barani Krishnan NEW YORK, May 22 (Reuters) - Oil prices slumped on...Tags: Commodity Markets, Career and Workplace, Casino and Gambling Industry, Indonesia, Petroleum Industry
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U.S. cash crude differentials weaker on first day of roll trade
Reuters* First day of three-day roll trade * Crude futures slide on U.S. gasoline inventory rise * Brent/U.S. crude spread wider NEW YORK, May 22 (Reuters) - Cash crude differentials in the United States weakened on Wednesday, the first day of the roll period...Tags: Petroleum Industry, Derivative Securities, Inventories
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U.S. House votes to force approval of Keystone pipeline
ReutersWASHINGTON (Reuters) - The House of Representatives approved a bill as expected on Wednesday declaring that a presidential permit was not needed to approve the Canada-to-Nebraska leg of the Keystone XL oil pipeline, a move that would take a decision on...Tags: U.S. Department of State, TransCanada Corporation, U.S. House of Representatives, Jeff Denham, Washington, DC
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Indonesia energy regulator trims 2014 oil target -media
ReutersJAKARTA, May 23 (Reuters) - Indonesia's energy regulator says the country's oil production target next year is too optimistic, and wants it scaled back between roughly 4 percent and 8 percent, domestic media reported on Thursday. The former OPEC member...Tags: Petroleum Industry, Energy Resources, Jakarta (Indonesia), Indonesia, Chevron Corportion
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