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ARA oil product stocks fall to 9-month lows, Insights Global data shows
LONDON, May 15 (Reuters) - Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 1% on the week to nine-month lows, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 5.8 million metric tons, their low...Reuters
Thu, May 15
Gold price rebounds above $3,200 as US PPI and Retail Sales miss estimates
Gold prices recovered some ground earlier during the North American session after US economic data suggested that factory gate inflation continues to decelerate while consumer spending debilitated due to US tariffs. At the time of writing, the XAU/USD trades at $3,202, up by 0.82%.
Fxstreet
Thu, May 15
Timby brings new admitted warehouse legal liability program to market
By Chris MunroMay 14 - (The Insurer) - Timby Specialty Insurance Solutions has launched a new warehouse legal liability (WHLL) coverage to market backed by admitted AM Best A- rated capacity.Targeted at public and contract warehouses that handle third-party property for a fee, the new program can pr...Reuters
Thu, May 15
Trump says US close to a nuclear deal with Iran
Trump says 'very serious' negotiations under wayUS president says he wants to avoid violenceOil prices fall on expectations of a dealBy Nayera Abdallah, Parisa Hafezi and Tala Ramadan DUBAI, May 15 (Reuters) - President Donald Trump said on Thursday that the United States was getting very...Reuters
Thu, May 15
US natgas prices ease to two-week low ahead of storage report
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 3% over five-year normalBy Scott DiSavino May 15 (Reuters) - U.S. natural gas futures eased about 1% to a two-week low on Thursday on forecasts for less demand next week than previously expect...Reuters
Thu, May 15
US shifting Africa strategy to 'trade, not aid', envoy says
By Colleen Goko JOHANNESBURG, May 15 (Reuters) - U.S. envoys in Africa will be rated on commercial deals struck, not aid spent, a senior State Department official said, touting it as the new strategy for U.S. support on the continent.President Donald Trump's administration wants to eliminate ...Reuters
Thu, May 15
CBOT Trends-Wheat up 5-6 cents, corn steady-up 4, soybeans down 14-15
CHICAGO, May 15 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday. WHEAT - Up 5 to 6 cents per bushel* CBOT wheat futures rose as major tenders from Saudi Arabia and Algeria po...Reuters
Thu, May 15
PRESS DIGEST-Canada - May 15
May 15 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canadian Finance Minister Francois-Philippe Champagne said the new Liberal government will table an economic update...Reuters
Thu, May 15
China export curbs propel tungsten to highest since 2013
China announced export controls on five key minerals in FebruaryChina supplies over 80% of global tungsten - USGSAlmonty enters agreement to supply tungsten oxide for U.S. defence sectorBy Anushree Mukherjee and Ashitha ShivaprasadMay 15 (Reuters) - European tungsten prices surged this month to thei...Reuters
Thu, May 15
EXPLAINER-Angola's debt and economic challenges
By Duncan Miriri, Miguel Gomes NAIROBI/LUANDA, May 15 (Reuters) - The International Monetary Fund has cut its 2025 growth forecast for Angola to 2.4%, mainly due to concerns about the impact of lower crude oil prices on the government's finances and higher interest rates in global markets.Her...Reuters
Thu, May 15
US CPC Says El Nino Southern Oscillation (ENSO) Alert System Not Active As ENSO-Neutral Conditions Present
May 15 (Reuters) - U.S. NATIONAL WEATHER SERVICE'S CLIMATE PREDICTION CENTER (CPC):SAYS EL NINO SOUTHERN OSCILLATION (ENSO) ALERT SYSTEM STATUS IS CURRENTLY “NOT ACTIVE” AS ENSO-NEUTRAL CONDITIONS ARE PRESENTSAYS ENSO-NEUTRAL IS FAVORED TO PERSIST THROUGH SUMMER 2025 WITH CHANCES REACHING 74% D...Reuters
Thu, May 15
Vietnam to consider Vinspeed proposal to build high-speed railway
HANOI, May 15 (Reuters) - The Vietnamese government will consider a proposal from Vinspeed, a company established by billionaire Pham Nhat Vuong, to develop a high-speed railway running the length of the country, according to a government document.Lawmakers in the Southeast Asian industrial hub in N...Reuters
Thu, May 15
Conab sees higher Brazil corn crop, strong demand from corn ethanol mills
By Ana ManoSAO PAULO, May 15 (Reuters) - Brazilian second-corn farmers are poised to increase production by some 11% in the 2024/25 season, national crop agency Conab said on Thursday citing good weather in key growing regions and strong demand from domestic corn ethanol producers for a good chunk o...Reuters
Thu, May 15
Black Sea CPC Blend oil exports declined to 1.6 million bpd in April, sources say
MOSCOW, May 15 (Reuters) - Black Sea CPC Blend oil exports in April were at 1.6 million barrels per day, or 6.093 million metric tons, down from 1.7 million bpd in March, two sources familiar with the data said on Thursday.The Caspian Pipeline Consortium, which exports Kazakhstan and Russia's oi...Reuters
Thu, May 15
Turkey to discuss roadmap with U.S., Syria after U.S. lifted Syrian sanctions
ANTALYA, Turkey, May 15 (Reuters) - Turkish Foreign Minister Hakan Fidan said on Thursday he will discuss the U.S. decision to lift sanctions on Syria and the roadmap ahead in a meeting with his U.S. and Syrian counterparts later in the day. Fidan was speaking to reporters on the sidelines of an inf...Reuters
Thu, May 15
Brazil's second-corn production up 11%, Conab says
SAO PAULO, May 15 (Reuters) - Brazilian second-corn farmers are poised to increase production by 11% this year to an estimated 99.8 million metric tons, national crop agency Conab said on Thursday, citing good weather in key growing regions.In its May crop report, Conab said farmers have finished so...Reuters
Thu, May 15
RPT-COLUMN-Asia's refined fuel imports drop, but margins still hold: Russell
By Clyde Russell LAUNCESTON, Australia, May 15 (Reuters) - Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region.Total imports of light and middle...Reuters
Thu, May 15
U.S. nuclear power plant outages
May 15 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total ...Reuters
Thu, May 15
