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 11 
 on: June 14, 2011, 11:01:53 pm 
Started by Hemant - Last post by Hemant
Senate sidetracks move to repeal ethanol credit

The Senate refused to kill a $5 billion annual subsidy for ethanol on Tuesday, backing continued government aid for a Farm Belt-based industry over deficit reduction in an era of record red ink.

Source: Senate sidetracks move to repeal ethanol credit

 12 
 on: June 14, 2011, 05:00:57 pm 
Started by Hemant - Last post by Hemant
NYMEX-U.S. crude up more, post-settle, on API draw

* U.S. May retail sales dip, but less than feared * API: crude stocks down, gasoline up, distillates off * U.S. discount to Brent hits record $22.80 * Coming up: EIA stocks data, 10:30 a.m. EDT Wednesday ...

Source: NYMEX-U.S. crude up more, post-settle, on API draw

 13 
 on: June 14, 2011, 11:00:50 am 
Started by Hemant - Last post by Hemant
Senate to vote on repealing ethanol tax credits

With lawmakers desperately working to shave federal budget deficits, the Senate is debating a measure to eliminate ethanol tax credits that pay the oil industry $5 billion a year. The biggest defenders of the subsidies, however, include farm belt conservatives leading the charge for less government.

Source: Senate to vote on repealing ethanol tax credits

 14 
 on: June 14, 2011, 05:00:14 am 
Started by Hemant - Last post by Hemant
Futures Movers: Oil futures gain as dollar declines

Benchmark crude-oil futures snap a two-day losing streak, assisted by a weaker dollar.

Source: Futures Movers: Oil futures gain as dollar declines

 15 
 on: June 13, 2011, 05:05:47 pm 
Started by Hemant - Last post by Hemant
Grain futures trade mixed, livestock prices rise



Source: Grain futures trade mixed, livestock prices rise

 16 
 on: June 13, 2011, 11:03:03 am 
Started by Hemant - Last post by Hemant
Israel authorises Noble to develop Noa gas field

TEL AVIV, June 13 (Reuters) - Israel's InfrastructureMinistry has authorised Texas-based Noble Energy (NBL.N: Quote , Profile , Research , Stock Buzz ) tobegin developing the Noa natural gas field ...

Source: Israel authorises Noble to develop Noa gas field

 17 
 on: June 13, 2011, 05:00:10 am 
Started by Hemant - Last post by Hemant
KOGAS says May domestic LNG sales up 8.3 pct y/y

SEOUL, June 13 (Reuters) - South Korea's state-run Korea GasCorp (KOGAS) said on Monday it had sold 2.09 milliontonnes of liquefied natural gas (LNG) domestically in May, up8.3 percent from a year ...

Source: KOGAS says May domestic LNG sales up 8.3 pct y/y

 18 
 on: June 12, 2011, 05:05:03 pm 
Started by Hemant - Last post by Hemant
Tanzania won't impose tax on existing mining firms

DAR ES SALAAM, June 12 (Reuters) - Tanzania will not imposea proposed super profit tax on existing mining companies, butwill negotiate with the companies to have them pay the new tax,the east African country's ...

Source: Tanzania won't impose tax on existing mining firms

 19 
 on: June 12, 2011, 11:04:27 am 
Started by Hemant - Last post by Hemant
7 Commodity Stocks to Consider on Current Weakness



Source: 7 Commodity Stocks to Consider on Current Weakness

 20 
 on: June 11, 2011, 11:01:12 pm 
Started by Hemant - Last post by Hemant
Brazil proposes rules to boost ethanol stocks

SAO PAULO, June 11 (Reuters) - Brazil's energy regulatorhas proposed rules to ensure sufficient stocks of ethanol fuel,its first move in plans to increase regulation of the stagnantindustry and prevent ...

Source: Brazil proposes rules to boost ethanol stocks

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