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Oil report Headlines

UPDATE 1-Bayer says will halt future U.S. sales of insecticide

CHICAGO, July 29 The agricultural unit of German chemicals company Bayer AG will halt future U.S. sales of an insecticide that can be used on more than 200 crops after losing a fight with the U.S. Environmental Protection Agency, the company said on Friday.

GLOBAL MARKETS-Dollar slides on U.S. GDP, Japan bonds fall on BOJ move

NEW YORK, July 29 Weak U.S. economic growth data knocked down the dollar and yields on U.S. government debt Friday, while Japanese government bond yields rose the most in eight years after investors reacted coolly to the Bank of Japan's latest effort to boost the economy.

UPDATE 1-Speculators cut U.S. natgas net longs for 2nd week in a row -CFTC

(Adds details on gas futures, background) July 29 U.S. natural gas speculators cut their net long positions for a second week in a row, betting prices will decline in the future to encourage power generators to keep burning record amounts of gas instead of coal. Speculators in four major NYMEX and ICE markets reduced their bearish bets by 2,609 contracts to 88,939 in the week to July 26, the U.S. Commodity Futures Trading Commission said on Friday. That is the lowest level

New York could show the way to rescue U.S. nuclear plants

WASHINGTON, July 29 New York state and nuclear power have never been best friends, but the state is expected to decide as soon as Monday on a proposed subsidy plan that could furnish the rest of the country with a model for saving a struggling industry while reducing carbon emissions.

Speculators cut U.S. natgas net longs for 2nd week in a row-CFTC

July 29 U.S. natural gas speculators cut their net long positions for a second week in a row, betting prices will decline in the future to encourage power generators to keep burning record amounts of gas instead of coal. Speculators in four major NYMEX and ICE markets reduced their bearish bets by 2,609 contracts to 88,939 in the week to July 26, the U.S. Commodity Futures Trading Commission said on Friday. (Reporting by Scott DiSavino; Editing by Bill Rigby)

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