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GRAINS-Wheat futures set contract lows on forecasts for beneficial US rain
Rain expected to aid wheat crops in the PlainsUSDA to release updated wheat condition ratingsTraders assess impact of US-China trade warBy Tom Polansek CHICAGO, April 28 (Reuters) - U.S. wheat futures sank to contract lows on Monday on expectations that rain will benefit crops that have been stru...Reuters
Mon, Apr 28
Power Up: Big Oil braces for weaker market
April 28 - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil markets are relatively stable this morning, as investors are weighing economic uncertainty amid trade talks between the U.S. and China and the prospect of OPEC+ raising its output. Brent futures are up 15 ce...Reuters
Mon, Apr 28
Trump administration allows temporary sales of summertime higher-ethanol fuel
By Stephanie Kelly NEW YORK, April 28 (Reuters) - The Trump administration on Monday issued an emergency waiver to allow the sale of a higher-ethanol gasoline blend to be sold this summer nationwide, saying it will add to fuel supply during the peak U.S. driving season and bring down costs. The m...Reuters
Mon, Apr 28
US sanctions target deliveries of oil and gas to Houthis
WASHINGTON, April 28 (Reuters) - The U.S. imposed sanctions on Monday on three vessels and their owners for delivering oil and gas products to Yemen's Houthis, as Washington piled pressure on the Iran-backed rebels over their attacks on Red Sea shipping.The sanctions targeted Marshall Islands-re...Reuters
Mon, Apr 28
Ukraine wants minerals deal with US finalised as soon as possible, Kyiv says
KYIV, April 28 (Reuters) - Ukraine wants a minerals deal with the United States to be finalised as soon as possible, the Ukrainian foreign ministry said on Monday.Ministry spokesman Heorhii Tykhyi said during a livestream on X that both sides were working daily and talks were advancing, adding that ...Reuters
Mon, Apr 28
Spanish oil refineries shut down after power blackout
LONDON, April 28 (Reuters) - Several Spanish oil refineries, including both plants run by Spain's second largest refinery operator Moeve, were shut down on Monday after a widespread power outage hit Spain and Portugal.A spokesperson for Moeve, which is owned by Abu Dhabi fund Mubadala and U.S.-b...Reuters
Mon, Apr 28
Mexico says it is boosting efforts to curb screwworm pest
MEXICO CITY, April 28 (Reuters) - Mexico has been working to respond to a damaging pest called New World screwworm and is strengthening its efforts, President Claudia Sheinbaum said on Monday.U.S. President Donald Trump's administration warned on Saturday that it will restrict livestock imports ...Reuters
Mon, Apr 28
Woodside in talks to sell Louisiana LNG stake to Kuwait Petroleum unit, Bloomberg News reports
April 28 (Reuters) - Woodside Energy WDS.AX is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., Bloomberg News reported on Monday, citing people with knowledge of the matter.The overseas unit, Kuwait Foreign Petroleum Explor...Reuters
Mon, Apr 28
PREVIEW-Investors fear Big Oil could cut share buybacks as crude prices slump
Analysts predict potential cuts in share buybacks and spendingExxon and Chevron expected to post first quarter profit riseChevron may cut buybacks if oil prices remain low, analysts sayBy Sheila Dang HOUSTON, April 28 (Reuters) - When Exxon Mobil XOM.N and Chevron CVX.N report first-quarter resul...Reuters
Mon, Apr 28
Mexico is reinforcing efforts to curb screwworm pest, president says
MEXICO CITY, April 28 (Reuters) - Mexico has been working to respond to a damaging pest called New World screwworm and is strengthening its efforts, President Claudia Sheinbaum said on Monday.U.S. President Donald Trump's administration warned on Saturday that it will restrict livestock imports ...Reuters
Mon, Apr 28
IKEA stores in Spain switch to backup generators amid massive power outage
LONDON, April 28 (Reuters) - IKEA's big stores in Spain have switched to backup generators and are not allowing new customers in amid a power outage affecting large parts of Spain and Portugal, IKEA franchisee Ingka Group said on Monday.IKEA's smaller city stores and pick-up points in Spain ...Reuters
Mon, Apr 28
Portugal's PM expects power to be restored on same day
LISBON, April 28 (Reuters) - Portugal's Prime Minister Luis Montenegro told reporters on Monday that he expected electrical power to be restored "in the coming hours" after widespread outages hit most of the Iberian Peninsula. He added that there was "no indication" that a cybera...Reuters
Mon, Apr 28
Woodside Energy Is In Talks With Overseas Unit Of Kuwait Petroleum For Selling A Stake In Its Proposed LNG Export Project In US- Bloomberg News
April 28 (Reuters) - WOODSIDE ENERGY IS IN TALKS WITH OVERSEAS UNIT OF KUWAIT PETROLEUM FOR SELLING A STAKE IN ITS PROPOSED LNG EXPORT PROJECT IN US- BLOOMBERG NEWSSource https://tinyurl.com/r3en3ftzReuters
Mon, Apr 28
CORRECTED-PREVIEW-Investors worry Big Oil could reduce share buybacks as crude prices slump
Investors fear weak oil prices could reduce stock buybacksExxon and Chevron expected to post first quarter profit riseChevron may cut buybacks if oil prices remain low, analysts sayBy Sheila Dang HOUSTON, April 28 (Reuters) - When Exxon Mobil XOM.N and Chevron CVX.N report first-quarter results t...Reuters
Mon, Apr 28
Amwins: E&S property marketplace has become ‘extremely competitive’
By David BullApril 28 - (The Insurer) - Carriers and MGAs are “heavily focused” on account retention and premium growth in the E&S property market, driving “extremely competitive” conditions, according to Amwins.In a state of the market report on the segment, the wholesaler said participants on ...Reuters
Mon, Apr 28
U.S. imposes new Houthi-related sanctions, Treasury website shows
WASHINGTON, April 28 (Reuters) - The United States imposed new sanctions on Monday targeting Yemen's Houthis, the Treasury Department website showed, as Washington continues to put pressure on the Iran-backed rebels over their attacks on Red Sea shipping.Reuters
Mon, Apr 28
Portugal operator says fully restoring power grid could take up to one week
MADRID, April 28 (Reuters) - Portuguese grid operator REN said a rare atmospheric phenomenon in Spain due to extreme temperature variations in the country's interior caused the power outages across the Iberian Peninsula, and that fully restoring the country's power grid could take up to a we...Reuters
Mon, Apr 28
PRESS DIGEST-Canada - April 28
April 28 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL-The Northwest Territories government is pressing whoever forms government after Monday's federal election to ...Reuters
Mon, Apr 28
