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Euronext wheat rises on short-covering, exports
PARIS, Aug 14 (Reuters) - Euronext wheat rose on Thursday to extend a rebound from contract lows, supported by short-covering in front-month futures and expectations of export demand for French wheat.September wheat BL2U5 on Paris-based Euronext settled 1.3% higher at 197.00 euros ($229.23) a metric...Reuters
Thu, Aug 14
US court to reschedule final sale hearing in auction of Citgo parent
HOUSTON, Aug 14 (Reuters) - A U.S. federal court on Thursday approved the rescheduling of a long-awaited sale hearing originally planned for next week to decide the final winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a filing.The change was app...Reuters
Thu, Aug 14
Med crude-CPC Blend September loadings emerge
LONDON, Aug 14 (Reuters) - Mediterranean crude differentials to dated Brent were stable on Thursday, as market participants digested CPC Blend exports in September. * Black Sea CPC Blend crude oil exports will reach just short of 1.6 million barrels per day in September, three trade sources told Reu...Reuters
Thu, Aug 14
US court to reschedule final sale hearing in auction of Citgo parent
HOUSTON, Aug 14 (Reuters) - A U.S. federal court approved on Thursday the rescheduling of a long-awaited sale hearing originally planned for next week to decide the final winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a filing, following new uns...Reuters
Thu, Aug 14
Europe Gasoline/Naphtha-Gasoline profit margins decline
LONDON, Aug 14 (Reuters) - Northwest European gasoline profit margins fell 74 cents to $15.71 a barrel on Thursday despite a fall in stockpiles and outages in the United States.A total of 4,000 metric tons of Eurobob E10 barges traded in the session, with Phillips 66 selling to MB Energy and Varo.A ...Reuters
Thu, Aug 14
US faces transformer supply shortfall as power demand surges, WoodMac says
By Kavya Balaraman Aug 14 (Reuters) - The U.S. is poised to see supply shortages of 30% and 10%, respectively, of power and distribution transformers this year, as surging electricity consumption drives demand for power infrastructure, Wood Mackenzie said on Thursday.Demand for certain kinds ...Reuters
Thu, Aug 14
METALS-Copper eases amid uncertainty on tariffs, interest rates, Ukraine
By Eric Onstad LONDON, Aug 14 (Reuters) - Copper prices drifted lower on Thursday on a firm dollar and as investors stayed on the sidelines awaiting clarity on a range of issues, including tariffs, the Ukraine war, Chinese demand and U.S. interest rates.Benchmark three-month copper on the London ...Reuters
Thu, Aug 14
Musk's X back up after brief outage, Downdetector shows
Aug 14 (Reuters) - Elon Musk's X was back up for thousands of users in the U.S. after a short outage on Thursday, according to tracking website Downdetector.com.Th outage eased to nearly 600 incidents of people reporting issues with the social media platform as of 11:20 a.m. ET, compared to a pe...Reuters
Thu, Aug 14
JBS sees US cattle cycle improving from late 2027
By Ana Mano SAO PAULO, Aug 14 (Reuters) - U.S.-based beef-packers will continue to reel from low cattle availability for about three or four quarters, with gradual improvements of the U.S. cattle herd happening gradually from late 2027, JBS Z98.F managers said on Thursday. In remarks made afte...Reuters
Thu, Aug 14
Phillips 66's Bayway refinery's gasoline unit at reduced rates after fire
NEW YORK, Aug 14 (Reuters) - Phillips 66 PSX.N has reduced gasoline output at its 258,000 barrel-per-day Bayway refinery in Linden, New Jersey after a fire near the plant's gasoline producing unit, two people familiar with the matter said on Thursday.An ancillary piece of equipment of the refine...Reuters
Thu, Aug 14
Musk's X down for thousands of US users, Downdetector shows
Aug 14 (Reuters) - Elon Musk's X was down for thousands of users in the U.S. on Thursday, according to outage tracking website Downdetector.com.There were more than 16,400 incidents of people reporting issues with the social media platform as of 11:01 a.m. ET, according to Downdetector, which tr...Reuters
Thu, Aug 14
Trump working on plan to meet needs of farmers and immigration critics
WASHINGTON, Aug 14 (Reuters) - U.S. President Donald Trump said he's working on a plan to balance the needs of farmers who rely on immigrant labor with those of Americans who want stricter border control."The farmers want to have people that can work very hard in the field, and the other peo...Reuters
Thu, Aug 14
Deere Exec Tariff Costs During Q3 Were About $200 Million - Conf. Call
Aug 14 (Reuters) - Deere & Co DE.N:DEERE EXEC: TARIFF COSTS DURING Q3 WERE ABOUT $200 MILLION - CONF. CALLDEERE EXEC: FORECAST FOR PRE TARIFF IMPACT OF TARIFF IN 2025 IS NOW NEARLY $600 MILLIONDEERE EXEC: MORE UNCERTAINTY IN NORTH AMERICAN AGRICULTURAL MARKET NOWDEERE EXEC: WILL CONTINUE TO RUN ...Reuters
Thu, Aug 14
ARA gasoil stocks rise to highest in six weeks
LONDON, Aug 14 (Reuters) - Gasoil product stocks, which include diesel, held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose to their highest since the beginning of July, data from Dutch consultancy Insights Global showed on Thursday.Gasoil stocks rose around 5.6...Reuters
Thu, Aug 14
Angola seeks gas growth as oil output flatlines despite OPEC exit
Angola bets on gas as oil dips Daily gas production seen rising above 20% by 2030Azule Energy eyes second gas-specific wellBy Wendell Roelf CAPE TOWN, August 14 (Reuters) - Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the...Reuters
Thu, Aug 14
Citgo Petroleum returned to profit in the second quarter
Liquidity rose to $2.6 bln, but remained below last year's levelsProcessing increased to 858,000 bpd from 833,000 bpd in Q1Turnaround at Lemont and Lake Charles refineries postponed to 2026By Marianna Parraga HOUSTON, Aug 14 (Reuters) - Venezuela-owned U.S. refiner Citgo Petroleum registered ...Reuters
Thu, Aug 14
Brief La Nina expected in fall 2025 before ENSO neutral returns, says US CPC
Aug 14 (Reuters) - A brief period of La Nina conditions is favored in the fall and early winter 2025-26 before reverting to El Nino-Southern Oscillation (ENSO) neutral, the U.S. Climate Prediction Center said on Thursday. The U.S. weather forecaster added that ENSO-neutral conditions are mos...Reuters
Thu, Aug 14
JBS to maintain low debt leverage ratio this year - management
SAO PAULO, Aug 14 (Reuters) - JBS Z98.F, the world's largest meatpacker, expects to end the year with a debt leverage ratio below 2.5x even though the company may spend up to $400 million in a share repurchase program, according to management remarks on Thursday. JBS posted a nearly 61% rise in ...Reuters
Thu, Aug 14
