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US Cash Products-Midwest gasoline differentials soar on supply crunch
Reuters* Lower inventories, refinery outages, arbitrage trades weigh * Gulf gasoline up on pipeline scheduling, refinery upsets * New York Harbor differentials mixed and little changed HOUSTON, May 14 (Reuters) - Gasoline differentials in the U.S. Midwest...Tags: Securities, Joliet, Royal Dutch Shell Plc, Inventories, Exxon Mobil Corporation
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New Group Launches Support Campaign for Oil Tax Reform
Channel 2 NewsA new group is launching a campaign against the petition to repeal Senate Bill 21, which passed with the idea that it would increase oil production in Alaska. We Are Alaska is an independent expenditure group from the Alaska Support Industry Alliance.... -
Report: U.S. oil surge transforming markets, undercutting OPEC
Washington TimesThe rapid growth of U.S. oil production is transforming global markets and easing supplies just as China and the rest of the developing world move to overtake the U.S. and the developed world for the first time in the consumption of oil, the International...Tags: Washington, DC, International Organizations, Arab Spring, International Energy, China
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Port race will focus on oil shipments
The Daily World, Aberdeen, Wash.Filing for upcoming local elections began Monday morning, and most positions only have one candidate -- the incumbent. But a countywide port commission race promises more excitement, with oil shipments likely to be the centerpiece of the campaign. As...Tags: Elections, Local Elections, Politics
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Ireland to review tax on oil, cautious on Norway-style rate
Reuters* Committee recommends 25-40 pct rate be doubled * Interest increasing in country's oil potential * Energy minister says must be realistic about prospects DUBLIN, May 14 (Reuters) - Ireland's energy minister launched a review of the country's low tax...Tags: Parliament, Physical Fitness and Exercise, Republic of Ireland, Investments, Dublin (Ireland)
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U.S. cash crude differentials mixed as Brent/WTI spread seesaws
Reuters* Crude futures settle lower after choppy trading * Brent/U.S. crude spread narrows, then ends wider NEW YORK, May 14 (Reuters) - Cash crude differentials in the United States were mixed on Tuesday, seesawing with crude futures and the transatlantic...Tags: TransCanada Corporation, BP Plc, International Energy, Valero LP, Valero Energy Corp.
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Real GDP to grow by 4.4% in 2013
Arab News, Jeddah, Saudi ArabiaSaudi Arabia's real GDP is estimated to have expanded 6.8 percent in 2012, according to Global Investment House's review of the Saudi economy. Following the record oil production seen in 2012, the government has resorted to strong fiscal stimulus...Tags: Economy, Business and Finance, Commodity Markets, Investments, Employment, Trade Balance
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Former IMF chief Strauss-Kahn arrives in Juba to open bank
Sudan TribuneDisgraced former International Monetary Fund (IMF) chief Dominique Strauss-Kahn arrived in South Sudan on Monday to open a new bank, marking a rare return to the financial world since his career was derailed by a lurid sex scandal two years ago....Tags: Economy, Business and Finance, France, Sudan, International Monetary Fund, World Bank Group
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Turkey says agreed with ExxonMobil, Iraqi Kurdistan on oil exploration
ReutersANKARA, May 14 (Reuters) - Turkey has agreed with the Kurdistan Regional Government (KRG) and U.S. oil giant Exxon Mobil on oil exploration in northern Iraq, Turkish Prime Minister Tayyip Erdogan said on Tuesday. "This is a step with the KRG on...Tags: Iraq, Turkey, Barack Obama, Ankara (Turkey), Petroleum Industry
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Kuwait trade surplus to shrink 10.3% to $ 88.3 bn
Arab News, Jeddah, Saudi ArabiaKuwait GDP is estimated to grow by 1.1 percent in 2013 as oil prices and production stabilizes, exports remain subdued, and government expenditure slows down, according to Global Investment House's review of the Kuwait economy. Kuwait's GDP is estimated...Tags: Economy, Business and Finance, Commodity Markets, Employment, Trade Balance, Market and Exchange
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GCC foreign assets to hit $2.5t
Khaleej TimesEconomic growth in the GCC is poised to moderate, but net foreign assets of the six-member bloc are projected to exceed $2.5 trillion by the end of 2013, the Institute of International Finance, IIF, said on Monday. The IIF, the leading global...Tags: Economy, Business and Finance, Finance, Commodity Markets, United Arab Emirates, Organic Chemical Industry
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Brent steady near $103 as US retail sales support, stockpiles drag
Reuters* U.S. retail sales gain shows some strength in economy * Crude stocks in U.S. seen higher, gasoline likely down - poll * Obama pushes for Syria talks, warns of huge challenges * Coming Up: Euro zone industrial production; 0900 GMT By Manash...Tags: Polls, Foreign Exchange Market, American Petroleum, China, Inventories
May 14, 2013
|Story| Reuters
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May 15, 2013
|Story| McClatchy-Tribune
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May 13, 2013
|Story| Reuters
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