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Freeport LNG export plant in Texas on track to return to full power, LSEG data shows
May 29 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Thursday after a small reduction on Wednesday, a sign the plant was heading back to full power, according to gas flow data from financial firm LSEG.Reuters
Thu, May 29
PRECIOUS-Gold rebounds on dip-buying, focus turns to US PCE data
US court blocks Trump's tariffsUS GDP data due later in the day, PCE on FridayBy Anushree Mukherjee May 29 (Reuters) - Gold prices rebounded on Thursday on dip-buying after touching a more than one-week low earlier in the session after a U.S. trade court blocked most of President Donald Trump...Reuters
Thu, May 29
RPT-COLUMN-What to make of surprisingly low US crop ratings: Braun
By Karen Braun NAPERVILLE, Illinois, May 28 (Reuters) - The U.S. corn crop has gotten off to a somewhat disappointing start in what is supposed to be a record producing season.Meanwhile, U.S. spring wheat is experiencing its second-worst start to the growing season in history after this year’s pl...Reuters
Thu, May 29
Edison CFO: We are looking at new contracts to buy U.S. LNG starting from 2028-2029
May 29 (Reuters) - Edison EDNn.MI CFO Ronan Lory says in press conference:EDISON CFO: GROUP IS LOOKING AT NEW CONTRACTS TO BUY U.S. LNG STARTING FROM 2028-2029Source text: [ID:]Further company coverage: [EDNn.MI]Reuters
Thu, May 29
RPT-COLUMN-OPEC must squeeze US shale much more to win oil price war: Bousso
US drillers slow down operations following oil price dropUS oil output growth set to slow in 2025OPEC will need to deepen price war to significantly impact US output By Ron Bousso LONDON, May 29 - Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-st...Reuters
Thu, May 29
GRAINS-Wheat, corn prices ease as dollar strengthens
LONDON, May 29 (Reuters) - Chicago wheat futures eased slightly on Thursday with a stronger dollar helping to keep a lid on prices despite lower-than-expected U.S. crop ratings. Sluggish demand and expectations that a strong Northern Hemisphere harvest will keep the market well supplied also weig...Reuters
Thu, May 29
RPT-COLUMN-Cobalt Holdings bets the battery metal's fortunes have turned: Andy Home
By Andy Home LONDON, May 29 (Reuters) - The price of cobalt has fallen so far over the last couple of years that even Congo's artisanal miners have given up on the battery metal. They have been swept aside by a wave of production from the Democratic Republic of Congo's (DRC) formal sector...Reuters
Thu, May 29
Lukoil's Asia chief joins Turkish firm BGN to lead oil trading from Dubai
By Chen Aizhu and Florence TanSINGAPORE, May 29 (Reuters) - Estella Shi, managing director of Lukoil Asia Pacific, is to join Turkish energy trader BGN from June, trading sources with knowledge of her move told Reuters.Shi, a veteran oil trader with nearly three decades of experience, confirmed that...Reuters
Thu, May 29
Ukraine hopes to agree new rules for agricultural exports with EU by end of July, farm minister says
KYIV, May 29 (Reuters) - Ukraine hopes to agree new rules for agricultural exports with Brussels by end of July, Ukraine's farm minister said at a conference in Kyiv on Thursday. "At the end of July, a mechanism for trade with the EU will be established and agreed upon," Vitaliy Kova...Reuters
Thu, May 29
LME Copper inventories fall to fresh low – ING
Copper inventories on the LME fell to the lowest level in almost two years, with withdrawals continuing at warehouses in Rotterdam. Thousands of tonnes of Copper have been withdrawn over the past few trading sessions, with Glencore the key trader behind these requests.Fxstreet
Thu, May 29
EUROPE GAS-Prices edge lower on warm temperatures, higher Norwegian supply
LONDON, May 29 (Reuters) - Dutch and British wholesale gas prices edged lower on Thursday morning as warm temperatures curbed demand and supply from Norway rebounded slightly as maintenance eased.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was down 0.4 euro to 36.35 euros per...Reuters
Thu, May 29
PRECIOUS-Gold touches over one week-low as US court ruling eases tariff concerns
US court blocks Trump's tariffs, says president exceeded his authorityCourt's decision triggered a relief in financial markets, analyst says US GDP data due later in the day, PCE on FridayBy Anushree Mukherjee May 29 (Reuters) - Gold prices dropped to a more than one-week low on Thursday ...Reuters
Thu, May 29
ASIA COFFEE-Prices drop in Vietnam on global cues, higher supplies from rivals
By Phuong NguyenHANOI, May 29 (Reuters) - Domestic coffee prices in Vietnam fell further this week following a sharp fall in the London terminal and higher supplies from rival producers that eased supply scarcity, traders said on Thursday.Farmers in the Central Highlands, Vietnam's largest coffe...Reuters
Thu, May 29
WTI rallies further, approaching $63.00 boosted by a ban on tariffs
WTI Oil prices accelerated their recovery on Thursday, as a US court ruling against Trump’s tariffs boosted hopes for some normalisation in global trade, which will support crude demand.The US Court for International Trade ruled on Wednesday that Trump’s unilateral trade tariffs overstep the US Cong
Fxstreet
Thu, May 29
Total Air Cargo Demand in April Rose By 5.8% - IATA
May 29 (Reuters) - TOTAL DEMAND IN APRIL, MEASURED IN CARGO TONNE-KILOMETERS (CTK), ROSE BY 5.8% COMPARED TO APRIL 2024 LEVELS (+6.5% FOR INTERNATIONAL OPERATIONS) - IATACAPACITY IN APRIL, MEASURED IN AVAILABLE CARGO TONNE-KILOMETERS (ACTK), INCREASED BY 6.3% COMPARED TO APRIL 2024 (+6.9% FOR INTERN...Reuters
Thu, May 29
Singapore fuel oil stockpiles at four-week highs
SINGAPORE, May 29 (Reuters) - Onshore fuel oil stockpiles at key trading hub Singapore recovered to their highest in four weeks despite lower imports being recorded, data showed on Thursday.Residual fuel inventories STKRS-SIN were at 22.34 million barrels (about 3.52 million metric tons) in the week...Reuters
Thu, May 29
Kyushu Electric to sign 20-year deal to buy LNG from US firm Energy Transfer
By Yuka Obayashi TOKYO, May 29 (Reuters) - Japan's Kyushu Electric Power 9508.T said on Thursday it will sign a 20-year purchase contract with U.S. energy firm Energy Transfer ET.N to buy up to 1 million metric tons of liquefied natural gas a year from its Lake Charles LNG project.It marks th...Reuters
Thu, May 29
