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Republican-led states challenge Biden home energy efficiency standards
By Nate RaymondJan 2 (Reuters) - Fifteen Republican-led states and a national home builders group on Thursday filed a lawsuit challenging new minimum energy standards for federally funded housing set by outgoing Democratic President Joe Biden's administration.In a lawsuit filed in federal court in T...Reuters
Thu, Jan 2
UPDATE 8-Oil prices settle up on China optimism as investors return from holiday
US gasoline and distillate stockpiles jump, EIA saysChinese data raises hopes of further stimulusVolumes remain thin on first trading day of the yearInvestors await US manufacturing data Updates prices to settlement, adds analyst comment in 10th graphBy Laila Kearney NEW YORK, Jan 2 (Reuters) - O...Reuters
Thu, Jan 2
CBOT soybeans rise on hot, dry South American weather
CHICAGO, Jan 2 (Reuters) - Chicago Board of Trade soybean futures edged up on Thursday as hot, dry weather in parts of Argentina and Brazil, two leading producers of the oilseed, supported prices. CBOT March soybeans SH25 settled up 1-1/2 cents at $10.12 per bushel. The spot January soybean contrac...Reuters
Thu, Jan 2
UPDATE 1-US natgas prices edge up on rising LNG feedgas, colder weather forecasts
US LNG export feedgas near record highEuropean gas prices hit 13-month highCold weather lifts US spot prices to highest since Jan 2024Adds latest pricesBy Scott DiSavino Jan 2 (Reuters) - U.S. natural gas futures edged up about 1% on Thursday on near record flows to liquefied natural gas (LNG) ex...Reuters
Thu, Jan 2
CBOT corn ticks up on dry South American weather
CHICAGO, Jan 2 (Reuters) - Chicago Board of Trade corn futures firmed up Thursday on hot, dry conditions expected in southern Brazil and Argentina, among the world's largest corn producers, analysts said. CBOT March corn CH25 settled up 1 cent at $4.59-1/2 per bushel.Dry, hot weather is expected to ...Reuters
Thu, Jan 2
US Cash Grains-Corn basis mixed, soy basis rolls to March futures
CHICAGO, Jan 2 (Reuters) - Spot basis bids for corn were mixed in the U.S. Midwest on Thursday, with values softening at ethanol facilities as Chicago Board of Trade corn futures Cv1 hovered near six-month highs, spurring a round of farmer grain sales in recent days.* But the corn basis firmed at te...Reuters
Thu, Jan 2
UPDATE 7-Oil prices up 2% on China optimism as investors return from holiday
US gasoline and distillate stockpiles jump, EIA saysWeaker-than-expected Chinese data raises hopes of further stimulusVolumes remain thin on first trading day of the yearInvestors await US manufacturing data Updates prices, adds analyst quotes in third paragraphBy Laila Kearney NEW YORK, Jan 2 (R...Reuters
Thu, Jan 2
RPT-UPDATE 1-Cobalt miner Jervois in rescue deal to better compete with China
Repeats to more subscribers, no changesBy Ernest Scheyder, Eric Onstad Jan 2 (Reuters) - Cobalt miner Jervois Global JRV.AX said on Thursday that one of its lenders will take the company private as part of a pre-packaged bankruptcy, the latest Western miner scrambling to survive as competitio...Reuters
Thu, Jan 2
UPDATE 1-Cobalt miner Jervois in rescue deal to better compete with China
New throughout, adds CEO interviewBy Ernest Scheyder and Eric Onstad Jan 2 (Reuters) - Cobalt miner Jervois Global JRV.AX said on Thursday that one of its lenders will take the company private as part of a pre-packaged bankruptcy, the latest Western miner scrambling to survive as competition ...Reuters
Thu, Jan 2
GRAINS-Soybeans, corn rise in choppy trading on South American weather concerns
Soybeans, corn edge higher on dry South America weatherStrong US dollar pressures wheatThin post-holiday trade volume causes increased volatilityBy Renee Hickman CHICAGO, Jan 2 (Reuters) - Chicago soybean and corn futures were higher in see-saw trading on the first trading day of 2025, supported ...Reuters
Thu, Jan 2
UPDATE 2-Constellation inks $1 billion deal to supply US government with nuclear power
Power purchase deal is largest in U.S. GSA historyDeal allows Constellation to extend life of nuclear plants, grow capacityAgreement is part of broader turnaround of US nuclear industryAdds background, deal details, Constellation quote, paragraphs 3, 5-7, 12-13By Laila Kearney and Timothy GardnerNEW...Reuters
Thu, Jan 2
UPDATE 1-EU wheat holds firm at six-month top on weak euro, Russia supply risks
Updates with close, adds rapeseed PARIS, Jan 2 (Reuters) - European wheat futures rose for a fourth straight session on Thursday to a new six-month high as further weakness in the euro and the prospect of reduced Russian supply kept the market supported, traders said.Benchmark March milling wheat...Reuters
Thu, Jan 2
North Sea Crude-Forties rises, Brent weakens
LONDON, Jan 2 (Reuters) - North Sea Forties crude differentials rose on Thursday after a deal, while Brent was offered lower without finding a buyer. PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DA...Reuters
Thu, Jan 2
PRECIOUS-Gold climbs to over two-week high on safe-haven demand; Trump's policies in focus
Bullion rose more than 27% in 2024Early-year corrections could make way for fresh gold rally, analyst saysSilver, platinum up over 2% Updates with US midday tradingBy Sherin Elizabeth Varghese and Anjana Anil Jan 2 (Reuters) - Gold hit a more than two-week high on Thursday, fuelled by safe-haven ...Reuters
Thu, Jan 2
US Henry Hub natgas prices rose to two-year high in December
Jan 2 (Reuters) - U.S. spot natural gas prices for December rose to a two-year high at the Henry Hub NG-W-HH-SNL benchmark in Louisiana, according to pricing data from financial firm LSEG.Gas prices averaged $3.02 per million British thermal units in December, their highest since averaging $5.53 dur...Reuters
Thu, Jan 2
BRIEF-Tullow Oil Announces Successful Outcome Of Ghana Tax Arbitration
Jan 2 (Reuters) - Tullow Oil PLC TLW.L:TULLOW OIL PLC - SUCCESSFUL OUTCOME OF GHANA TAX ARBITRATIONTULLOW OIL PLC - TULLOW GHANA IS NOT LIABLE TO PAY $320 MILLION BPRT ASSESSMENT ISSUED BY GHANA REVENUE AUTHORITYTULLOW OIL PLC: CONTINUES TO ENGAGE WITH GOVERNMENT OF GHANA ON TWO FURTHER DISPUTED TA...Reuters
Thu, Jan 2
METALS-Copper hovers near 5-month low as weak demand outlook dominates
Updates pricesBy Pratima Desai LONDON, Jan 2 (Reuters) - Copper prices hovered near five-month lows on Thursday as expectations of deteriorating demand for the industrial metal were reinforced by weak manufacturing activity around the world, particularly in top consumer China.Benchmark copper CMC...Reuters
Thu, Jan 2
CORRECTED-US fuel demand fell to lowest in two years last week, EIA says
Corrects magnitude of decline in first paragraph to 3.3 million bpd, not 219,000 bpdNEW YORK, Jan 2 (Reuters) - Total U.S. petroleum product supplied fell by 3.3 million barrels per day (bpd) to about 18.5 million bpd in the week ended December 27, the lowest since January 2023, data from the U.S. E...Reuters
Thu, Jan 2
Europe Gasoline/Naphtha-Gasoline margins slide on inventory rise
LONDON, Jan 2 (Reuters) - Northwest European gasoline refining profit fell by about $1.20 to $6.27 per barrel on Thursday as a rise in inventories of the motor fuel on both sides of the Atlantic weighed. About 4,000 metric tons of Eurobob E5 barges traded, which BP sold Trafigura and TotalEnergies.I...Reuters
Thu, Jan 2
UPDATE 2-US oil executives expect faster permitting under Trump, says Dallas Fed
A third of surveyed see 'significantly' faster permit timesWeak natural gas prices depress profits, hurt spendingWide gap between small and larger firms over emissions reduction Adds, comments, details, paragraphs 5-17By Georgina McCartney HOUSTON, Jan 2 (Reuters) - U.S. energy executives expect ...Reuters
Thu, Jan 2
