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Ethanol blending pressures already shrinking refiner margins

  Bloomberg Federally mandated ethanol blending is adding extra pressure to the faltering profits of U.S. refiners. The worst crude oil downturn in a generation, which at first helped refiners’ profits, has now passed through to the fuel prices. Now, gasoline is cheaper than the ethanol that refiners have no choice but to use. Ethanol averaged 30 cents above gasoline ...

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Suicide bombing kills 37 Yemen police in former Qaeda bastion

  Aden / AFP A suicide bombing claimed by the IS group and a second attack killed 37 police on Sunday in the Yemeni port of Mukalla where a year of Al-Qaeda rule ended last month, medics said. It was the second attack in days claimed by IS in the city of 200,000 people that was recaptured by government forces ...

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Rebel infighting near Syria capital kills hundreds

  Beirut / AFP Fighting raging between rival extremist rebel factions to control a key opposition stronghold near Damascus since late last month has killed more than 300 fighters, a monitor said on Sunday. The Syrian Observatory for Human Rights said the clashes in Eastern Ghouta pitted Jaish Al-Islam faction, which has been taking part in peace talks in Geneva, against ...

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