News
Important Only
U.S. nuclear power plant outages
May 2 (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 o...Reuters
Fri, May 2
Canada's Imperial Oil posts record first quarter profit on stronger refining margins
By Amanda Stephenson and Pooja Menon May 2 (Reuters) - Canadian oil company Imperial Oil IMO.TO posted its highest-ever first-quarter earnings on Friday, driven primarily by stronger margins in its refining and fuel sales business. Imperial's strong results come amid a broader rebound...Reuters
Fri, May 2
Europe Gasoline/Naphtha-Gasoline margins ease, low stocks limit losses
LONDON, May 2 (Reuters) - Northwest European gasoline profit margins slipped by 86 cents to about $15 a barrel on Friday after sharp gains in the previous session brought about by lower inventories and sharply higher export demand. Gunvor and Litasco sold 8,000 metric tons of Eurobob E5 on barges t...Reuters
Fri, May 2
METALS-Copper extends gains on hopes for truce in trade war
By Eric Onstad LONDON, May 2 (Reuters) - Copper prices moved higher on Friday on signs that the U.S. and China were moving closer to a solution to their fractious trade war.Three-month copper on the London Metal Exchange CMCU3 gained 2% to $9,387 per metric ton by 1610 GMT after rising by nearly ...Reuters
Fri, May 2
White House seeks to cut TSA funding and boost air, rail safety
WASHINGTON, May 2 (Reuters) - The White House said Friday it wants to cut funding for the Transportation Security Administration by $247 million, while boosting spending on rail and air safety. The 2026 budget proposal seeks another $360 million for the FAA to support air traffic controller hiring a...Reuters
Fri, May 2
EU wheat falls for fourth week on export gloom
PARIS/HAMBURG, May 2 - European wheat fell for a fourth consecutive week despite a technical rise on Friday, knocked by a strong euro against the dollar hampering export prospects on world markets. Benchmark September milling wheat BL2U5 on Paris-based Euronext, was up 0.7% at 207.75 euros a metric ...Reuters
Fri, May 2
GRAINS-Soy futures rise amid hopes for easing US-China trade tensions
Beijing evaluates US offer to hold trade talksTechnical buying helps support CBOT soy futuresTraders await US corn, soy planting update MondayBy Tom Polansek CHICAGO, May 2 (Reuters) - Chicago Board of Trade soybean futures advanced on Friday amid hopes for a thaw in U.S. President Donald Trump&#...Reuters
Fri, May 2
US Cash Grains-Corn bids mixed, soy higher as futures bounce
CHICAGO, May 2 (Reuters) - Spot basis bids for corn were mixed while soy bids rose in the U.S. Midwest on Friday as buyers sought to entice selling from farmers who have been busy with spring planting, dealers said.Soybean basis bids rose at two processors and an Ohio River terminal.The corn basis r...Reuters
Fri, May 2
OPEC+ to meet on Saturday to set June output policy, sources say
By Alex Lawler, Maha El Dahan and Ahmad Ghaddar LONDON/DUBAI, May 2 (Reuters) - Eight OPEC+ countries will meet on Saturday to decide whether to agree a further accelerated oil output hike for June or make a smaller increase as originally planned, two sources with knowledge of the matter told...Reuters
Fri, May 2
US adds 10 more mining projects to fast-track permitting list
May 2 - The Trump administration on Friday added 10 more U.S. mining projects to a fast-track permitting list aimed at expanding critical minerals production across the country.The projects - which would supply copper, palladium and other minerals - have been granted FAST-41 status, a federal initia...Reuters
Fri, May 2
Exxon beats Wall Street profit estimate, on track to meet buyback target
Exxon on track to meet annual share repurchase targetLower-cost production in Permian, Guyana helps boost earningsOil and gas production up from a year agoShares gain 0.2% in early tradingBy Sheila Dang HOUSTON, May 2 (Reuters) - Exxon Mobil XOM.N on Friday beat Wall Street's estimate for fir...Reuters
Fri, May 2
Exxon Mobil CEO Reaffirms Commitment To Active Buyback Strategy
May 2 (Reuters) - Exxon Mobil Corp XOM.N:EXXON MOBIL CEO REAFFIRMS COMMITMENT TO ACTIVE BUYBACK STRATEGY POST-PIONEER ACQUISITION - CONF CALLEXXON MOBIL CEO SAYS THERE MAY BE MORE OPPORTUNITIES FOR ACQUISITIONS IN LOW PRICE ENVIRONMENTEXXON MOBIL CEO SAYS THERE IS POTENTIAL EXPOSURE TO TARIFFS IN NE...Reuters
Fri, May 2
Research organizations to keep US climate report alive in new journal
By Valerie Volcovici WASHINGTON, May 2 (Reuters) - Two major U.S. scientific associations on Friday called for submissions for a special compilation of research that would have fed into the National Climate Assessment, a comprehensive report on climate change impacts across the United States that...Reuters
Fri, May 2
GLOBAL LNG-Asian spot LNG prices fall to new 1-year low on weak demand
By Marwa RashadLONDON, May 2 (Reuters) - Prices of Asian spot liquefied natural gas (LNG) fell this week to a new one-year low on weak demand and as trade wars raise concerns over long-term Asian demand. The average LNG price for June delivery into north-east Asia LNG-AS was at $11.00 per million Br...Reuters
Fri, May 2
Shell CEO says sees limited impact from tariffs currently
May 2 (Reuters) - Shell PLC SHEL.L:SHELL CEO SAYS LNG DEMAND IS HOLDING UP, STRONG DRAW INTO EUROPE IN 2025SHELL CFO SAYS AT OIL PRICE OF $50/BBL WE COULD BUY BACK SHARES FOR ABOUT $6-$7 BILLION/YEARSHELL CFO SAYS VALUE FROM PAVILION ENERGY ACQUISITION WILL KICK IN NEXT YEARSHELL CEO SAYS SEEING LIM...Reuters
Fri, May 2
US natgas prices climb 2% to 3-week high on lower output, higher demand
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 2 (Reuters) - U.S. natural gas futures climbed about 2% to a three-week high on Friday on a drop in output over recent days and forecasts for more...Reuters
Fri, May 2
Argentina to bring in second LNG liquefaction vessel in 2028
MEXICO CITY, May 2 (Reuters) - Argentina's Southern Energy Project said on Friday it has agreed with Golar LNG GLNG.O a contract for a second liquefaction vessel with a capacity of 3.5 million metric tons of liquefied natural gas (LNG) per year, a vessel which should arrive in the country in 202...Reuters
Fri, May 2
CBOT Trends-Wheat up 6-11 cents, corn up 2-3, soy up 2-4
CHICAGO, May 2 (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 Friday. WHEAT - Up 6 to 11 cents per bushel* Wheat futures ticked up on increased optimism over the U.S.-China trade rel...Reuters
Fri, May 2
COLUMN-US-Ukraine deal is heavy on symbolism, light on minerals: Andy Home
By Andy Home LONDON, May 2 (Reuters) - U.S President Donald Trump's minerals deal with Ukraine is a big symbolic win for both sides.Ukraine gets a long-term commitment for U.S. investment in "a free, sovereign, and secure Ukraine". The United States gets a stake in Ukraine's futur...Reuters
Fri, May 2
