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Business News
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After U.S. oil snub, Canada focuses on China
(Reuters)
Reuters - Canada will focus on exporting oil and other goods to China and other booming Asian economies even if Washington overturns its decision to block a pipeline that would have sent more Canadian crude to the United States.
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MF Global shortfall worsened as bankruptcy neared
(Reuters)
Reuters - The trustee liquidating MF Global Holdings Ltd's broker-dealer unit said the shortfall in commodity customer accounts began five days before the company's bankruptcy and grew in the days leading up to the Chapter 11 filing.
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Analysis: Brent premium to U.S. oil set for another blowout?
(Reuters)
Reuters - Brent crude's premium to U.S. oil could be poised for another record run after jumping 50 percent over the past week, as an expected build in Midwest inventories again exerts pressure on the U.S. benchmark.
