News
Important Only
Japan mulls buying more US corn as part of tariff talks, Nikkei reports
April 25 (Reuters) - Japan is considering increasing its corn imports from the United States as part of trade negotiations over President Donald Trump's sweeping tariffs, the Nikkei reported on Friday.The U.S. exported $2.8 billion worth of corn to Japan in 2024, to counter an 80% drop in export...Reuters
Fri, Apr 25
Europe Gasoline/Naphtha-Gasoline margins climb on lower inventories
LONDON, April 25 (Reuters) - Northwest European gasoline profit margins rose by about 40 cents to $14.03 a barrel on Friday supported by lower inventories. Trafigura sold two barges of Eurobob E5 to Litasco.Sahara sold a barge of Eurobob E10 to BP.Gasoline stocks independently held in the Amsterdam-...Reuters
Fri, Apr 25
PRECIOUS-Gold dips 2% as US-China trade tensions ease, dollar rises
Dollar set for first weekly gain since MarchGold down 1.2% so far this weekSilver heads for third weekly riseBy Brijesh Patel April 25 (Reuters) - Gold prices fell 2% on Friday and were on track for a weekly dip as the dollar rose and signs of easing U.S.-China trade tensions after a report that ...Reuters
Fri, Apr 25
METALS-Copper sags on tariff turmoil, firmer dollar
By Eric Onstad LONDON, April 25 (Reuters) - Copper prices eased on Friday as a stronger dollar and uncertainty about demand overshadowed optimism that the United States and China were seeking to restrain their trade war. Benchmark copper CMCU3 on the London Metal Exchange (LME) was down slightl...Reuters
Fri, Apr 25
Weyerhaeuser beats first quarter profit estimates on strong domestic demand
April 25 (Reuters) - Weyerhaeuser WY.N Wall Street estimates for first-quarter profit on Thursday, as the lumber firm was helped by robust domestic demand.According to U.S. government data released on Wednesday new home sales surged to a six-month high in March, as buyers hurried to capitalize on de...Reuters
Fri, Apr 25
US Cash Grains-Soybean, corn basis bids steady-firm on light farmer sales
CHICAGO, April 25 (Reuters) - Spot basis bids for soybeans delivered to elevators and processors around the U.S. Midwest were steady to higher on Friday on slow farmer sales and firm demand, grain merchants said.Spot corn basis bids were steady to higher at elevators, ethanol plants and other proces...Reuters
Fri, Apr 25
Brazil's Vale sees no material impacts from trade war so far
SAO PAULO, April 25 (Reuters) - Brazilian miner Vale VALE3.SA said on Friday that it has so far not seen a material impact from the ongoing global trade war on its operations and sales, but vowed to keep monitoring it closely amid uncertain market conditions.Vale is one of the world's largest ir...Reuters
Fri, Apr 25
State Department nixes climate office, revamps energy bureau
Climate office shut, energy bureau absorbed into economic officeOffice played key role in annual climate talksWork on access to critical minerals survives, department saysBy Valerie Volcovici and Timothy Gardner WASHINGTON, April 25 (Reuters) - The Trump administration has terminated federal empl...Reuters
Fri, Apr 25
Chilean miner Codelco's pre-tax profit falls 53% in first quarter
SANTIAGO, April 25 (Reuters) - Chile's Codelco, the world's largest copper producer, on Friday posted a 53% decrease in pre-tax profit, reaching $213 million for the first three months of the year.The state-owned miner said its own output totaled 296,000 metric tons, up 0.3% from the same pe...Reuters
Fri, Apr 25
Lyondell Houston refinery ceased operations in February, company says
HOUSTON, April 25 (Reuters) - Lyondell Basell Industries LYB.N permanently shut its 263,776 barrel-per-day (bpd) Houston refinery in February, said Peter Vanacker, the company's chief executive during a Friday conference call. Reuters reported on Feb. 7 the company completed the shutdown of the ...Reuters
Fri, Apr 25
Elliott wants BP to change structure, oust strategy chief, source says
Elliott holds stake of over 5% in BPElliott wants separate BP upstream, downstream units - sourceElliott thinks separate units would help accountability - sourceBy Shadia NasrallaLONDON, April 25 (Reuters) - Activist investor Elliott Investment Management wants oil major BP to replace its strategy c...Reuters
Fri, Apr 25
US court launches 30-day competition for Citgo parent's shares
Gold Reserve-led consortium planning to re-bidAuction's final winner to be selected on June 11Some companies hopeful the court will prioritize priceBy Marianna Parraga HOUSTON, April 25 (Reuters) - A U.S. court organizing an auction of shares in the parent of Venezuela-owned refiner Citgo Pet...Reuters
Fri, Apr 25
U.S. nuclear power plant outages
April 25 (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 Tota...Reuters
Fri, Apr 25
Chile's Codelco Q1 pre-tax profit at $213 mln
SANTIAGO, April 25 (Reuters) - Chile's Codelco, the world's largest copper producer, posted a pre-tax profit on Friday of $213 million for the first three months of the year.The state-owned miner said its own output totaled 296,000 metric tons, up 0.3% from the same period last year.Reuters
Fri, Apr 25
Brazil's Vale sees no material impacts from trade war so far
SAO PAULO, April 25 (Reuters) - Brazilian miner Vale VALE3.SA said on Friday that it has so far not seen a material impact from the ongoing global trade war on its operations and sales, but vowed to keep monitoring it closely amid uncertain market conditions.Chief Executive Gustavo Pimenta acknowled...Reuters
Fri, Apr 25
US plans Alaska LNG summit, will urge Japan, South Korea to support project
Alaska LNG summit planned in state on June 2South Korea says sending inspection team for due diligenceUS says project would cut trade deficit by $10 billion a year By Timothy Gardner WASHINGTON, April 24 (Reuters) - U.S. President Donald Trump's energy security council plans to host a summit ...Reuters
Fri, Apr 25
