Brent for August was up 20 cents at $63.69 a barrel by 7.10 a.m. EDT, after ending the previous day down 96 cents, or 1.5 percent. U.S. crude for August was down 20 cents at $60.07 a barrel, after finishing Wednesday down 74 cents. An EIA report on Wednesday said U.S. gasoline stocks climbed 680,000 barrels to 218.49 million in the week to June 19. A Reuters poll had indicated a 304,000-barrel drop.
*American Dollar to Canadian Dollar = 0.744813
*American Dollar to Chinese Yuan = 0.153533
*American Dollar to Euro = 1.097125
*American Dollar to Japanese Yen = 0.008791
*American Dollar to Mexican Peso = 0.055936
Electronics For Imaging, Inc. today announced it will move to a brand-new facility in Londonderry, N.H., to house its US Inkjet business. The facility, which will be nearly a quarter-million square feet in size with room for additional expansion, is scheduled to be completed in early 2018. The facility will offer very close proximity to the Manchester-Boston Regional Airport, which is less than one mile away. The new EFI™ Inkjet center will allow consolidation of operations into a single facility and include research & development, manufacturing, warehousing, training and service for EFI VUTEk® and EFI Wide Format printers, along with worldwide sales and marketing management for EFI's broader portfolio of narrow, wide- and superwide-format industrial inkjet printers and presses. A new, state-of-the-art customer briefing and demo center in the facility will house EFI Inkjet production printers for signage and graphics, textile and label applications, along with related EFI Productivity Software and EFI Fiery® digital front end workflow products.
(Reuters) - Iran’s crude oil and condensate exports in August are set to drop below 70 million barrels for the first time since April 2017, well ahead of the Nov. 4 start date for a second round of U.S. economic sanctions. The United States has asked buyers of Iranian oil to cut imports to zero starting in November to force Tehran to negotiate a new nuclear agreement and to curb its influence in the Middle East. Click Read More below for additional information.