US Cash Products-Selling pressure moves Chicago diffs down
* Chicago gasoline and diesel markets weaken
* Harbor jet fuel jumps on airline buying
* Gulf conventional gasoline slides after pipe scheduling
NEW YORK, May 1 (Reuters) – Chicago cash gasoline and diesel trade lost
steam and traded lower… More »
UPDATE 3-Talisman profit misses estimates; cuts gas spending
May 1 (Reuters) – First-quarter profit at Talisman Energy
Inc fell short of estimates as natural gas prices
slumped to decade lows, which prompted the Canadian oil and gas
producer to cut its full-year budget by 10 percent as it pulls
more cash out of … More »
RPT-UPDATE 1-US targets foreign evaders of Iran, Syria sanctions
(Repeats with no change to text. Adds quote from official,
background)
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CORRECTED-UPDATE 4-Delta buys refinery, becoming first airline to make own fuel
* Delta to get $30 mln in state funds for jobs,
infrastructure
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UPDATE 1-Suncor profit tops expectations; dividend raised
May 1 (Reuters) – Suncor Energy, Canada’s top oil
producer and refiner, raised its quarterly dividend and
reported first-quarter operating profit that topped forecasts,
driven largely by better-than-expected production results.
More »
UPDATE 2-Valero posts loss, hurt by refinery charges
May 1 (Reuters) – U.S. oil refiner Valero Energy Corp
posted a first-quarter loss as discounts on the crude it
processes shrank and it took charges for shutting down its Aruba
plant.
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CANADA STOCKS-TSX may open higher, results in focus
May 1 (Reuters) – Toronto’s main stock index looked set to
edge up at the open on Tuesday, extending gains from the
previous session, with investors expected to focus on results
from companies including Cameco Corp.
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UPDATE 2-BP profit falls as oil spill costs still weigh
* Replacement cost net ex one-offs $4.80 bln vs f’cast $5.10
bln
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UPDATE 1-Japan’s Idemitsu not decided on Iran crude contract-exec
* Restarting one of the Tokuyama naphtha crackers -exec
(Adds details)
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UPDATE 1-African Minerals CEO retires, chairman Frank Timis to run co for now
May 1 (Reuters) – Iron ore miner African Minerals Ltd
said its Chief Executive Alan Watling had retired after
overseeing the development of its Tonkolili iron ore project in
Sierra Leone for three years, and handed over the reins to
Executive Chairman… More »
UPDATE 1-Cape says 1st-qtr revenue rises on growth at key markets
May 1 (Reuters) – Industrial services provider Cape Plc
said its quarterly revenue rose 16 percent, helped by
double-digit sales growth in the United Kingdom and two other
regions.
More »
UPDATE 2-Brent crude holds above $119 as China offsets Europe, US
* U.S. crude stocks to post 6th weekly rise – poll
(Updates prices)
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