News
Important Only
Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says
By Georgina McCartney HOUSTON, April 23 (Reuters) - The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil prices slump and prime acreage dries up, analytics firm Enverus said on Wednesday, even though dealmaking jumped last ...Reuters
Wed, Apr 23
US natgas prices edge up on daily output decline, rising LNG export flows
U.S. LNG export feedgas on track to hit record high in AprilU.S. gas output on track to hit record high in AprilU.S. gas storage about 3% below five-year averageBy Scott DiSavino April 23 (Reuters) - U.S. natural gas futures edged up about 1% on Wednesday on a drop in daily output and near-record...Reuters
Wed, Apr 23
Ukraine's Zelenskiy moving in wrong direction on peace talks, White House says
April 23 (Reuters) - U.S. President Donald Trump is frustrated with the pace of talks on ending the war in Ukraine and President Volodymyr Zelenskiy is going in the wrong direction when it comes to negotiations, White House spokesperson Karoline Leavitt said on Wednesday."The president's fru...Reuters
Wed, Apr 23
CORRECTED-New Jersey wildfire could become state's largest in about 20 years
Fires no longer threatening populated areasState has seen almost twice as many wildfires as usual in 2025Affected area is about 15 miles from shorelineBy Doyinsola Oladipo and Rich McKayApril 23 (Reuters) - A sprawling wildfire burning in New Jersey's Pinelands near Atlantic Ocean beach towns co...Reuters
Wed, Apr 23
PRECIOUS-Gold falls 3% as Trump comments on Fed and China boost risk sentiment
Gold backtracks after hitting record of $3,500.05/oz on TuesdayTrump says China tariffs will fall substantially after a dealDollar stages a rebound, stocks rally Silver up 1%By Brijesh Patel and Daksh Grover April 23 (Reuters) - Gold on Wednesday extended its retreat from an all-time high, fallin...Reuters
Wed, Apr 23
US reinstates Thailand's top aviation safety rating
WASHINGTON, April 23 (Reuters) - The U.S. Federal Aviation Administration on Wednesday said it had upgraded Thailand's air safety rating to "Category 1" a decade after it downgraded the country in 2015.The lower "Category 2" designation had meant Thai airlines were prevented from...Reuters
Wed, Apr 23
Activists say new Chubb guidelines for oil and gas projects will rule out East Africa pipeline coverage
By Rebecca DelaneyApril 22 - (The Insurer) - Chubb has ruled out underwriting oil and gas extraction projects that do not meet its new criteria on protected conservation areas, a move climate activists said would exclude coverage for the East Africa Crude Oil Pipeline (EACOP).Sustainable Insurer has...Reuters
Wed, Apr 23
Brazil soy lobby defends modernization of soy moratorium
SAO PAULO, April 23 (Reuters) - A case pending before Brazil's Supreme Court gives the soy industry an opportunity to improve the "soy moratorium," an agreement under which soy buyers ban purchases of the oilseed from areas of deforestation in the Amazon after a cutoff date in 2008, acco...Reuters
Wed, Apr 23
Brazil urging tougher emissions goals ahead of climate summit, sources say
Brazil president, UN chief set online meeting with 35 countriesGoals in Paris accord harder to reach with Trump pulling US outBrazil trying to convince China to cut more emissions, close gapBy Manuela Andreoni and Lisandra ParaguassuBRASILIA, April 23 (Reuters) - Brazil, which hosts this year's ...Reuters
Wed, Apr 23
Rwanda says it in talks with US on possible minerals deal
KIGALI, April 23 (Reuters) - Rwanda said on Wednesday it was in talks with the U.S. over a potential minerals deal, a development that follows similar ongoing talks between Washington and Rwanda's neighbour Democratic Republic of Congo.Responding to a Reuters question on whether Kigali and Washi...Reuters
Wed, Apr 23
Venezuela launches Blend 22 crude exports ahead of US licenses expiry
Blend 22 targets European and Asian markets for medium sour crudeFirst Blend 22 cargoes allocated to Maurel & Prom in swap dealVitol charters vessels for Blend 22 export from Venezuela April 23 (Reuters) - Venezuela will begin exporting a new medium crude blend this month as part of a marketi...Reuters
Wed, Apr 23
EU wheat holds around lows with exports in focus
PARIS, April 23 (Reuters) - Euronext wheat hovered around contract lows on Wednesday as support from an easing euro was countered by welcome rain in northern hemisphere production areas and doubts over whether cheap European wheat can attract fresh export demand. September futures BL2U5, the most ac...Reuters
Wed, Apr 23
US Supreme Court poised to revive challenge to California emissions standards
Biden's EPA let California set tougher emissions standardsSupreme Court limited EPA regulatory powers in prior casesBy Andrew Chung WASHINGTON, April 23 (Reuters) - U.S. Supreme Court justices appeared sympathetic on Wednesday to a bid by fuel producers to challenge California's stand...Reuters
Wed, Apr 23
Europe Gasoline/Naphtha-Gasoline margins rise as US stocks fall
LONDON, April 23 (Reuters) - Northwest European gasoline profit margins rose by around 58 cents to $13.62 a barrel on Wednesday, as U.S. gasoline inventories fell by more than expected last week according to data from the Energy Information Administration (EIA). A total of 9,000 metric tons ...Reuters
Wed, Apr 23
Tereos sees EU sugar beet area falling by 9% next season
By May Angel GENEVA, April 23 (Reuters) - French group Tereos, one of the world's largest sugar makers, estimated on Wednesday a 9% decline in Europe's sugar beet planting acreage next season as slumping prices in the bloc take their toll. Thanks to surging sugar exports from Ukraine...Reuters
Wed, Apr 23
GRAINS-Soybeans jump on hopes of easing US-China trade tensions
By Renee Hickman CHICAGO, April 23 (Reuters) - Soybean prices rose to a two-month high on Wednesday, underpinned by expectations of a de-escalation in the U.S.-China trade conflict, while wheat and corn futures ticked lower. Financial markets calmed after U.S. President Donald Trump said he had n...Reuters
Wed, Apr 23
US Cash Grains-Spot soybean basis mostly steady-higher, corn bids mixed
CHICAGO, April 23 (Reuters) - Spot basis bids for soybeans delivered to U.S. Midwest processing plants and elevators were mostly steady to higher on Wednesday on slow farmer sales, grain dealers said.* Spot corn basis bids were mixed at Midwest elevators and processing plants.* Scattered rains acros...Reuters
Wed, Apr 23
Europe Gasoline/Naphtha-Gasoline margins rise as US stocks fall
LONDON, April 23 (Reuters) - Northwest European gasoline profit margins rose by around $1.16 to $14.20 a barrel on Wednesday, as U.S. gasoline inventories fell by more than expected last week according to data from the Energy Information Administration (EIA). A total of 9,000 metric tons of ...Reuters
Wed, Apr 23
Trump says Zelenskiy comments harming peace talks with Russia
WASHINGTON, April 23 (Reuters) - U.S. President Donald Trump chided Ukrainian leader Volodymyr Zelenskiy on Wednesday for saying Ukraine would not recognize Russia's occupation of Crimea, which he called an inflammatory statement that will make a peace deal with Russia harder to achieve."Thi...Reuters
Wed, Apr 23
Tyson, other pork producers to pay $64 million in new price-fixing settlements
By Mike Scarcella April 23 (Reuters) - Tyson Foods TSN.N and two other pork processors have agreed to pay $64 million to resolve a lawsuit claiming they conspired to fix prices for food services providers, in an agreement that pushes total settlements in the case to more than $180 million.The por...Reuters
Wed, Apr 23
