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Trump says US-UK deal includes metals trading zone, pharma supply chain
WASHINGTON, May 8 (Reuters) - The U.S.-UK trade deal will create an aluminum and steel trading zone and secure the pharmaceutical supply chain, U.S. President Donald Trump said in a social media post on Thursday as the deal was announced at the White House.Reuters
Thu, May 8
CORRECTED-US energy companies seek exemption from Trump plan to move LNG on US-built ships
USTR rules on LNG shipments surprised industryRules go against Trump vow to support US energy dominanceRules would disadvantage US LNG exporters in global marketIndustry says dearth of US shipbuilding makes compliance difficult By Lisa Baertlein and Jarrett Renshaw LOS ANGELES/WASHINGTON, May 7 (...Reuters
Thu, May 8
UK's Starmer says US-UK trade deal delivers on promise to protect Britain's carmakers and steel sector
LONDON, May 8 (Reuters) - British Prime Minister Keir Starmer said on Thursday that the trade deal struck between the U.S. and the UK delivers on promise to protect the country's carmakers and steel sector."I promised to protect British car makers and save our steel," Starmer said on X. ...Reuters
Thu, May 8
WTI Crude Oil climbs as US inventories fall, trade talks support demand outlook
WTI Crude Oil is trading sharply higher on Thursday as oil prices benefit from the combination of falling United States (US) stockpiles and growing optimism around upcoming US–China trade talks, which have raised hopes of a potential de-escalation in tensions between the world’s two largest economie
Fxstreet
Thu, May 8
Trump says rare earth deal with Ukraine concluded
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump said on Thursday he plans to talk to Ukraine President Volodymyr Zelenskiy now that a rare earth deal with Ukraine has been concluded.Trump said he would be speaking with Zelenskiy soon. He made the comment at an event announcing a U.S.-Briti...Reuters
Thu, May 8
PPG To Invests $380 Million In New Aerospace Coatings Plant In Shelby, NC
May 8 (Reuters) - PPG Industries Inc PPG.N:PPG TO INVEST $380 MILLION TO BUILD NEW U.S. MANUFACTURING FACILITY IN SHELBY, N.C. FOR AEROSPACE COATINGS AND SEALANTSPPG INDUSTRIES INC - CONSTRUCTION TO BEGIN OCTOBER 2025, COMPLETION EXPECTED 2027Reuters
Thu, May 8
REFILE-ARA gasoline stocks rise 7%, Insights Global data shows
LONDON, May 8 (Reuters) - Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 7% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks rose 7% to 1.29 million metric tons as production increased owing to h...Reuters
Thu, May 8
ARA gasoline stocks rise 7%, Insights Global data shows
LONDON, May 8 (Reuters) - Gasoline stocks held independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 7% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks rose 7% to 1.29 million metric tons as production increased owing...Reuters
Thu, May 8
US imposes Iran-related sanctions on third China 'teapot' refinery, ports
WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump's administration on Thursday imposed sanctions on a third Chinese independent - or "teapot" - oil refinery, and port terminal operators in China for purchases of Iranian oil. The U.S. Treasury designated the Hebei Xinhai Chemical...Reuters
Thu, May 8
Copper producer Aurubis looks to boost US sales in absence of tariffs
By Bernadette Hogg May 8 (Reuters) - Europe's largest copper producer Aurubis NAFG.DE is looking to increase its sales to the U.S. while there are no import tariffs on the metal, CEO Toralf Haag told analysts on Thursday.Copper was not included in a list of reciprocal tariffs announced by the...Reuters
Thu, May 8
BREAKINGVIEWS-Trump hands shippers Red Sea dilemma
By Yawen Chen LONDON, May 8 (Reuters Breakingviews) - Shipping companies may soon face a unity problem, much like the oil cartel OPEC. Danish container shipping giant Maersk MAERSKb.CO on Thursday stood by its EBITDA forecast for 2025, despite a U.S.-Houthi deal that could reopen the less profita...Reuters
Thu, May 8
US natgas prices edge up to 4-week high on higher demand ahead of storage report
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 1% over five-year normalBy Scott DiSavino May 8 (Reuters) - U.S. natural gas futures edged up about 1% to a four-week high on Thursday on a drop in output in recent weeks and forecasts for mor...Reuters
Thu, May 8
US CPC sees 74% chance of ENSO Neutral conditions through June-August
May 8 (Reuters) - El Nino-Southern Oscillation (ENSO) neutral conditions are expected to be favored through the Northern Hemisphere in summer 2025 (74% chance during June-August), the United States' Climate Prediction Center said on Thursday.Chances of ENSO neutral conditions exceed 50% through ...Reuters
Thu, May 8
Seafarers stranded off Yemen port eye exit after US-Houthi ceasefire deal
Truce opens door for 200 seafarers on 15 freighters to leave Yemen's Ras Isa areaHouthis continue to threaten Israeli-linked shipping despite truce with USShipping risks persist in Red Sea; many companies have halted voyages, citing no guarantee of safe passageBy Jonathan Saul and Mohammed Ghoba...Reuters
Thu, May 8
CBOT Trends-Corn mostly higher, soybeans mostly lower, wheat mixed
CHICAGO, May 8 (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 1 cent to down 3 cents per bushel* CBOT wheat futures narrowly mixed on positioning ahead of a governmen...Reuters
Thu, May 8
RPT-EXCLUSIVE-US, Russia explore ways to restore Russian gas flows to Europe, sources say
By Anna Hirtenstein and Marwa Rashad LONDON/MOSCOW, May 8 (Reuters) - With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent, eight sources familiar with the ta...Reuters
Thu, May 8
US CPC sees 74% chance of ENSO Neutral conditions through June-August
May 8 (Reuters) - El Nino-Southern Oscillation (ENSO) neutral conditions are expected to be favored through the Northern Hemisphere in summer 2025 (74% chance during June-August), the United States' Climate Prediction Center said on Thursday.Chances of ENSO neutral conditions exceed 50% through ...Reuters
Thu, May 8
EXCLUSIVE-US, Russia explore ways to restore Russian gas flows to Europe, sources say
By Anna Hirtenstein and Marwa Rashad LONDON/MOSCOW, May 8 (Reuters) - With a frost covering Europe's energy relations with Russia, officials from Washington and Moscow have held discussions about the U.S. helping to revive Russian gas sales to the continent, eight sources familiar with the ta...Reuters
Thu, May 8
OPEC April oil output edges lower despite plans for hike, survey finds
By Alex Lawler LONDON, May 8 (Reuters) - OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed U.S. attempts to curb the flows and smaller drops in Iraq and Libya.The Organization of the Petroleum E...Reuters
Thu, May 8
