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US Cash Crude-Grades mixed as investors weigh supply tightness
May 1 (Reuters) - U.S. cash crude grades were mixed on Thursday, dealers said, as investors weighed supply tightness and demand woes.WTI Midland WTC-WTM eased 10 cents, while Mars Sour gained 20 cents.U.S. President Donald Trump said all purchases of Iranian oil or petrochemical products must stop a...Reuters
Thu, May 1
Venture Global raises $3 billion towards building CP2 Louisiana LNG plant
By Curtis WilliamsHOUSTON, May 1 (Reuters) - Venture Global VG.N has raised $3 billion in debt finance towards the construction of its CP2 LNG plant in Louisiana, which would be the largest single liquefied natural gas plant in the U.S., the company said on Thursday.Venture Global is the U.S.' s...Reuters
Thu, May 1
USDA attache sees Canada wheat production rising 2% in 2025/26
May 1 (Reuters) - Following are selected highlights from a report issued on Thursday by the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service post in Ottawa: "Production of wheat, corn, barley, and oats is forecast to increase 2% year-over-year to 62.7 million metric tons ...Reuters
Thu, May 1
Venture Global says raised $3B towards construction of CP2 Louisiana LNG plant
By Curtis WilliamsHOUSTON, May 1 (Reuters) - Venture Global VG.N has raised $3 billion in debt finance towards the construction of its CP2 LNG plant in Louisiana, the company said on Thursday.The money is to be used as part of the construction costs of what will be the largest single LNG plant in th...Reuters
Thu, May 1
EOG Resources beats profit estimates, trims capex plan on tariff uncertainty
May 1(Reuters) - EOG Resources EOG.N beat estimates for first-quarter profit on Thursday, as the company benefited from higher natural gas prices and production, but reduced its capital expenditure plan for the year on tariff uncertainty. Benchmark price for natural gas during the quarter jumped 63....Reuters
Thu, May 1
ICE canola futures higher on tighter stocks, rebounding soyoil
May 1 (Reuters) - ICE canola futures surged on Thursday on the anticipated tightening of old-crop canola stocks and rebounding soy oil futures, traders said.July canola RSN5 settled up $4.20 at $696.60 per metric ton. November RSX5 settled up $2.4 to $652.50. Steady demand for Canadian canola has he...Reuters
Thu, May 1
Albemarle CEO says 'math doesn't work' for US lithium refinery project
Lithium price too low to build U.S. lithium refineryCEO says governments will need to support industryAlbemarle doesn't have 'war chest' for M&AAuctions for lithium paused, may soon resumeBy Ernest Scheyder May 1 (Reuters) - Albemarle's ALB.N stalled plans to build the largest...Reuters
Thu, May 1
US says minerals deal will strengthen Trump in talks with Russia
US and Ukraine signed minerals deal on WednesdayWashington and Kyiv hail the deal, Kremlin silent on itTrump is seeking a peace deal in the war in Ukraine Ukraine expects parliamentary ratification within weeks KYIV/WASHINGTON, May 1 (Reuters) - Kyiv and Washington on Thursday hailed a deal givin...Reuters
Thu, May 1
LIVESTOCK-CME cattle futures hover near highs as cash prices jump
By Tom Polansek CHICAGO, May 1 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures hovered near recent contract highs on Thursday as traders said cash prices galloped to new highs.Tight U.S. supplies continue to drive up cash prices as meatpackers compete to buy cattle t...Reuters
Thu, May 1
US Plains HRW Wheat-Basis bids unchanged as buyers roll bids
CHICAGO, May 1 (Reuters) - Spot hard red winter wheat basis bids were steady in the U.S. Plains on Thursday as trade remained quiet and many buyers rolled their basis bids to the July contract KWN25 ahead of the May contract's expiration date. Traders assessed weather conditions for winter wheat...Reuters
Thu, May 1
EOG Resources beats first-quarter profit estimates on higher natural gas prices
May 1(Reuters) - EOG Resources EOG.N beat estimates for first-quarter profit on Thursday, as the company benefited from higher natural gas prices. The company reported an adjusted profit of $2.87 per share for the quarter ended March 31, compared with analysts' average estimate of $2.79, accordi...Reuters
Thu, May 1
Oil up 2% as Trump threatens new sanctions on Iran
Trump says all Iranian oil purchases must stopSaudi willing to sustain lower prices for longerUS economy contracts in Q1 amid trade policy disruptionsBy Arathy Somasekhar HOUSTON, May 1 (Reuters) - Oil prices settled nearly 2% higher on Thursday after U.S. President Donald Trump threatened second...Reuters
Thu, May 1
GRAINS-Soybean futures end up in recovery from two-week low
By Tom Polansek CHICAGO, May 1 (Reuters) - Chicago Board of Trade soybean futures ended higher on Thursday as prices rebounded after sliding to a two-week low amid worries about U.S. export demand, analysts said.Corn futures eased, while wheat ended nearly unchanged.Technical buying helped soybea...Reuters
Thu, May 1
US imposes sanctions on Mexican fuel theft network it links to CJNG cartel
By Timothy Gardner WASHINGTON, May 1 (Reuters) - The U.S. Treasury Department on Thursday imposed sanctions on two entities and three Mexican nationals it said are involved in a drug trafficking and oil smuggling network linked to the Cartel Jalisco Nueva Generacion gang.U.S. authorities say CJNG...Reuters
Thu, May 1
Last Chevron-chartered vessel starts to return oil cargo in Venezuela, data and source say
HOUSTON, May 1 (Reuters) - A vessel chartered by Chevron CVX.N carrying some 300,000 barrels of Venezuelan oil was set to start discharging at a Venezuelan port on Thursday, according to shipping data and a source.It would be the last tanker to return its cargo following state company PDVSA's or...Reuters
Thu, May 1
Senior Ukrainian official: Parliament to ratify minerals deals with US in few weeks
KYIV, May 1 (Reuters) - Ukraine's parliament will ratify within the next few weeks a deal with the United States on developing minerals, First Deputy Prime Minister Yulia Svyrydenko said on Thursday."We want to ratify it as soon as possible. So we plan to do it within the coming weeks," ...Reuters
Thu, May 1
US EIA releases natgas storage report after software glitch
May 1 (Reuters) - The U.S. Energy Information Administration, which has seen numerous layoffs and retirements in recent months, said on Thursday it delayed the release of the natural gas weekly storage report due to a software problem.The EIA released the report, which usually comes out at 10:30 a.m...Reuters
Thu, May 1
CBOT soybeans end higher in turnaround from earlier losses
CHICAGO, May 1 (Reuters) - Chicago Board of Trade soybean futures closed higher on Thursday as the market rebounded from a two-week low.Technical buying helped to support the gains, brokers said.CBOT July soybeans SN25 closed up 5-3/4 cents at $10.50-1/4 per bushel after falling earlier to a two-wee...Reuters
Thu, May 1
CBOT wheat ends nearly flat after recently setting contract lows
May 1 - Chicago Board of Trade wheat futures ended nearly flat on Thursday after recently setting contract lows.Traders assessed weather conditions for winter wheat crops, which will be harvested in the coming months, and for plantings of spring wheat.Recent rain has boosted soil moisture in the sou...Reuters
Thu, May 1
US natgas prices jump 5% to 2-week high on output drop, despite big storage build
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about even with five-year averageBy Scott DiSavino May 1 (Reuters) - U.S. natural gas futures jumped about 5% to a two-week high on Thursday on a drop in output over the past few days and forecasts ...Reuters
Thu, May 1
