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Largest US gasoline pipeline to restart after Alabama leak

  Bloomberg The largest US gasoline pipeline returned to service by the end of the day Wednesday, easing almost two weeks of curtailed shipments that drove up pump prices and caused hundreds of stations to run out of fuel in the East and Southeast. Once Colonial Pipeline Co. restarts its main line, many shipments will be rerouted to southern locations ...

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Egypt flip-flop has wheat market saying ‘you go first’

  Bloomberg For the second time this year, Egypt changed and then quickly reversed its import standards for wheat, leaving traders skeptical about doing business with the world’s largest buyer. Egypt canceled its zero-tolerance policy on a common type of fungus known as ergot on Wednesday, less than a month after reinstating the ban and rejecting cargoes from Romania to ...

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Saudi meets Iran for oil talks before Algiers next week

  Bloomberg OPEC members Saudi Arabia and Iran, whose rivalry derailed an oil supply accord earlier this year, met in Vienna a week before the organization holds talks in Algeria. The two oil producers, along with fellow OPEC member Qatar, met at the headquarters of the Organization of Petroleum Exporting Countries in Vienna, according to three people familiar with the ...

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