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Can Virtual Reality Be the Next Thing in Curing Blindness? To contact the reporter on this story:Christine Harvey in New York at charvey32@bloomberg.netTo contact the editors responsible for this story:Matthew G. Miller at mmiller144@bloomberg.netPeter Newcomb, Lars Klemming Attribution Lars Klemming: editor Matthew G. Miller: editor responsible Peter Newcomb: editor Christine Harvey: by reporter. [Extracted from the article]

Gasoline retreated at U.S. pumps in the past month as falling crude-oil prices reduced refiners' costs for producing the motor fuel. "The slide in crude-oil prices has been a gift to refiners, who are passing those cost cuts through the system and down to the consumer", said Trilby Lundberg, president of the survey. Los Angeles had the highest price for motor fuel in the contiguous 48 states among markets surveyed, at $3.66 a gallon. [Extracted from the article]

To contact the reporters on this story: Moming Zhou in New York at mzhou29@bloomberg.net; Christine Harvey in New York at charvey32@bloomberg.net Brent oil at $70 a barrel is needed for companies to continue increasing production, said Greg Sharenow, executive vice president at Pacific Investment Management Co. Brent will trade around $70 by the end of this year and West Texas Intermediate at $64, Sharenow said in an interview on Thursday in New York. [Extracted from the article]

Ultra low sulfur diesel for June delivery slid 3.44 cents to settle at $2.8846 a gallon on the New York Mercantile Exchange, the lowest close since April 2. June-delivery gasoline slid 1.71 cents to $2.9965 a gallon. Gasoline's spread against WTI narrowed by 13 cents to $22.11 a barrel and against Brent by 44 cents to $15.41. [Extracted from the article]

To contact the reporters on this story: Lynn Doan in San Francisco at ldoan6@bloomberg.net; Moming Zhou in New York at mzhou29@bloomberg.net; Christine Harvey in New York at charvey32@bloomberg.net A rally in diesel futures in New York on Monday proved short-lived on speculation that barge deliveries will bolster supplies by more than enough to help the Northeast weather a blizzard dumping snow on New York City. Stockpiles of the fuel in the region are the highest for this time of year since 2012, and additional barrels arrived by barge over the weekend, said John Maniscalco, chief executive officer of New York Oil Heating Association Inc. [Extracted from the article]

Gasoline futures climbed in New York after a tornado-damaged Louisiana refinery shut a crude unit and a government report showed U.S. inventories tumbled. Motor fuel stockpiles fell 1.8 million barrels to 211.6 million in the week ended May 23, Energy Information Administration data showed today. [Extracted from the article]

Gasoline futures gained in New York after the nation's third-largest refinery shut a crude unit amid damage from a severe storm and power outage. June-delivery gasoline rose 1.07 cents to settle at $3.0059 a gallon on the New York Mercantile Exchange. Marathon exported about 223,000 barrels a day of petroleum products in the first quarter, 50,000 of them gasoline and the rest diesel, according to an earnings call on May 1. [Extracted from the article]

Suncor's Montreal refinery will reach that point in 2015 and Valero's Quebec City plant by the end of this year, the companies said April 29. The use of inland crude will increase after the startup of Enbridge's Line 9B, which is being reversed to carry an initial 300,000 barrels a day of crude to Montreal from North Westover, Ontario. [Extracted from the article]

Chicago gasoline weakened to the lowest level in a week versus New York futures as Exxon Mobil Corp. completed maintenance at a Joliet, Illinois, refinery. Conventional, 85-octane gasoline, or CBOB, in Chicago fell 10 cents to a premium of 50 cents a gallon above futures traded the New York Mercantile Exchange as of 4:15 p.m., according to data compiled by Bloomberg. [Extracted from the article]

The article reports that 18-hole golf properties in the U.S. have been sold recently for a median price of 3 million dollars in the first nine months. It is stated that the sport's popularity soared after golfer Tiger Woods won the 1997 Masters Tournament at Georgia's Augusta National Golf Club. It is stated that Toll Brothers, the largest U.S. luxury homebuilder, is buying private golf clubs these days.