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CBOT corn eases amid expectations for better US weather
CHICAGO, May 1 (Reuters) - Chicago Board of Trade corn futures ended lower on Thursday as forecasts for favorable U.S. planting conditions weighed on the market, analysts said.The weather is expected to turn clearer and drier next week after rains stalled plantings in parts of the Midwest this week,...Reuters
Thu, May 1
ANALYSIS-US, Ukraine may wait decade or more to see revenue from minerals deal
Minerals deal between US, Ukraine won't bear fruit for yearsThreats posed by war with Russia will deter many investorsChallenges also include poor data, damaged power infrastructureRussia occupies territory where several deposits are locatedUkraine sees deal as a way of improving relations with ...Reuters
Thu, May 1
EXCLUSIVE-US pushes Congo, Rwanda for peace accord and billion-dollar mineral deals
U.S. pushes Congo, Rwanda for peace accord, mineral dealsRwanda-backed M23 rebels advance in Congo amid conflictU.S. demands Rwanda withdraw troops, end M23 supportBy Andrew Mills DOHA, May 1 (Reuters) - The U.S. is pushing Congo and Rwanda to sign a peace accord at the White House in about two m...Reuters
Thu, May 1
Trump says buying Iranian oil must stop, threatens secondary sanctions on purchasers
May 1 (Reuters) - U.S. President Donald Trump on Thursday said all purchases of Iranian oil or petrochemicals products must stop and that any country or person buying any from the country would be immediately subject to secondary sanctions."They will not be allowed to do business with the United...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 its cargo at a Venezuelan port on Thursday, according to shipping data and a source, the last tanker to empty following state company PDVSA's order to retur...Reuters
Thu, May 1
US equals monthly LNG export record in April
US equals record LNG exports in AprilMost sold to EuropeUS-China trade war impacts LNG flows By Curtis Williams HOUSTON, May 1 (Reuters) - The United States in April equaled its record for the largest volume of liquefied natural gas exported as capacity increased with the ramp-up of Venture Globa...Reuters
Thu, May 1
DTE Energy's quarterly profit rises on strength of gas and energy trading
By Katha KaliaMay 1 (Reuters) - DTE Energy DTE.N reported increased first-quarter profit on Thursday, aided by strength in its gas and energy trading segments, and added it anticipates the tariff impact to be manageable.The power industry is bracing for the potential fallout from tariffs as the tra...Reuters
Thu, May 1
EXCLUSIVE-US pushing Congo-Rwanda peace accord accompanied by bilateral minerals deals
DOHA, May 1 (Reuters) - The U.S. is pushing Congo and Rwanda to sign a peace accord at the White House in about two months, accompanied by bilateral minerals deals with both countries, President Donald Trump's senior Africa advisor, Massad Boulos, told Reuters on Thursday.A U.S.-backed peace acc...Reuters
Thu, May 1
LVMH's Moet Hennessy to cut workforce by 10%, FT reports
May 1 (Reuters) - LVMH LVMH.PA group's wine and spirits business Moet Hennessy will shrink its workforce by more than 10%, about 1,200 employees, the Financial Times reported on Thursday, citing an internal video message from the division's CEO, Jean-Jacques Guiony. Guiony and his deputy, A...Reuters
Thu, May 1
Li-Cycle seeking buyers amid ongoing liquidity concerns
May 1 (Reuters) - Canadian lithium battery recycling company Li-Cycle LICYN.MX said on Thursday it is seeking buyers for its business or assets as it needs additional funding to maintain operations. The company has hired financial services company Hilco Corporate Finance to help with the process, bu...Reuters
Thu, May 1
US Ex-Im Bank votes to reverse ban on overseas coal lending
By Valerie VolcoviciWASHINGTON, May 1 (Reuters) - The board of the U.S. Export-Import Bank unanimously voted on Thursday to reverse a years-long restriction on lending to coal projects overseas, reflecting President Donald Trump's agenda that calls for more domestic coal mining and exports of U....Reuters
Thu, May 1
HF Sinclair's refinery in Anacortes, Washington, to undergo turnaround in Q3, company says
NEW YORK, May 1 (Reuters) - HF Sinclair's DINO.N 149,000 barrel-per-day Puget Sound refinery is expected to undergo a turnaround in the third quarter, the company said on Thursday.The refinery, located in Anacortes, Washington, will conduct maintenance work on its crude, hydrotreater and isomeri...Reuters
Thu, May 1
Mexican refinery Olmeca hits new high in March, but still short of target
By Ana Isabel Martinez MEXICO CITY, May 1 (Reuters) - Mexican state energy company Pemex's new Olmeca refinery in March posted its highest crude processing and fuel production figures since it began reporting data in mid-2024, boosting the company's refining arm even as its hydrocarbon ou...Reuters
Thu, May 1
Europe Gasoline/Naphtha-Gasoline margins rise on lower ARA stocks
LONDON, May 1 (Reuters) - Northwest European gasoline profit margins rose by over $2 to $15.87 a barrel on Thursday as inventories in northwest Europe fell to their lowest in five months. Gunvor, Sahara, and Litasco sold over 15,000 metric tons of Eurobob E5 on barges to Aramco, TotalEnergies, Shel...Reuters
Thu, May 1
METALS-Hopes of progress in US trade talks lift copper after sharp sell-off
By Polina Devitt LONDON, May 1 (Reuters) - Copper prices rose in London on Thursday as hopes for progress in U.S. tariff talks with top consumer China and other trading partners provided support to the metal.Benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was up 1.0% at $9,2...Reuters
Thu, May 1
US Cash Grains-Corn, soy bids mixed as futures fall
CHICAGO, May 1 (Reuters) - Spot basis bids for corn and soybeans were mixed in the U.S. Midwest on Thursday as futures ticked down on favorable planting weather and plentiful supply.Farmers have been reluctant sellers as they focus on seeding their corn and soy crop. Buyers have continued to roll th...Reuters
Thu, May 1
SOFTS-Sugar hits 3-1/2 year low on US economic contraction, fading supply fears
LONDON, May 1 (Reuters) - Sugar futures traded on the ICE exchange hit a 3-1/2-year low on Thursday following data showing a contraction in the U.S. economy, the world's largest, and fading supply fears. May Day public holidays around the world, including much of Europe, meant trading was thin...Reuters
Thu, May 1
GRAINS-Soy futures fall to two-week low on worries over US export demand
By Tom Polansek CHICAGO, May 1 (Reuters) - Chicago Board of Trade soybean futures slid to a two-week low on Thursday as the United States faced competition for global sales from South American suppliers and a lack of demand from top-importer China, analysts said.Corn futures also slumped, while w...Reuters
Thu, May 1
US-Iran talks postponed, new date depends on US approach, Iranian official says
Fourth round of talks had been expected in Rome on SaturdayIranian official says US sanctions are 'not helping' mattersOne source says US never confirmed participation in Rome talksFriday's Iran-Europe talks also now uncertain, says official DUBAI, May 1 (Reuters) - A fourth round of ...Reuters
Thu, May 1
