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Oil report Headlines

RPT-Floods shut nearly a sixth of U.S. ethanol production

Massive flooding in the U.S. Midwest has knocked out roughly 13 percent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa and South Dakota have been forced to shut down or scale back production following the devastation.

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EU leaders give Britain 'last chance' for orderly Brexit

European Union leaders warned Britain on Friday it had a final opportunity to leave the bloc in an orderly fashion after giving Prime Minister Theresa May two weeks' reprieve until April 12 before Britain could tumble out without a deal.