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ARA oil product stocks rise 3.3%, Insights Global data shows
LONDON, April 17 (Reuters) - Oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub climbed by 3.3% on the week, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 6.09 million metric tons, their highest since mid Mar...
Reuters
Thu, Apr 17
US Cash Grains-Soy processors increase basis bids in Midwest
CHICAGO, April 17 (Reuters) - Spot basis bids for soybeans increased at processing facilities in the U.S. Midwest on Thursday amid a lack of farmer selling during the planting season, grain dealers said.* The soy basis jumped by 10 cents per bushel at a processor in Council Bluffs, Iowa, and by 7 ce...
Reuters
Thu, Apr 17
Commodity traders expected to submit bids for Italy's IP by May, sources say
MILAN/LONDON, April 17 (Reuters) - Global commodity traders including Glencore GLEN.L and Gunvor are looking at the possibility to buy oil refiner Italiana Petroli (IP) API group, two sources said on Thursday, adding that binding bids for the company are due by the end of May.State Oil Company of Az...
Reuters
Thu, Apr 17
Congo tin miner Alphamin says production restarts after rebels withdraw
JOHANNESBURG, April 17 (Reuters) - Alphamin Resources AFM.V said it restarted tin production at its Bisie mine in eastern Democratic Republic of Congo on Tuesday after rebels withdrew from a nearby town of Walikale.The miner said in a statement it is processing stockpiled tin ore and activities at i...
Reuters
Thu, Apr 17
SOFTS-Cocoa rallies after better-than-expected data on demand
LONDON, April 17 (Reuters) - Cocoa futures traded on the ICE exchange rose on Thursday thanks to better-than-expected data on demand, and as fears U.S. trade tariffs could spark a global trade war ebbed slightly.U.S. President Donald Trump touted "big progress" in tariff talks with Japan on ...
Reuters
Thu, Apr 17
US natgas prices hold near 10-week low ahead of federal storage report
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 4% below five-year averageBy Scott DiSavino April 17 (Reuters) - U.S. natural gas futures held near a 10-week low on Thursday as the market waited for direction f...
Reuters
Thu, Apr 17
U.S. nuclear power plant outages
April 17 (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
Thu, Apr 17
Expansion of Ivory Coast microinsurance scheme planned after payouts to rice farmers
By Henry GaleApril 17 - (The Insurer) - More than 20,000 rice farmers in Ivory Coast received payouts from a World Food Programme-backed microinsurance scheme for the 2024 farming season, its reinsurer African Risk Capacity (ARC) said.ARC said nearly 300 million West African CFA francs (approximatel...
Reuters
Thu, Apr 17
Congo tin miner Alphamin says production restarted as rebels retreat
JOHANNESBURG, April 17 (Reuters) - Alphamin Resources AFM.V said it restarted tin production on Tuesday at its Bisie mine in eastern Democratic Republic of Congo after rebels withdrew from a nearby town of Walikale.The miner said in a statement it is processing stockpiled tin ore and activities at i...
Reuters
Thu, Apr 17
Bayer CEO: targeting US state regulation to stem glyphosate costs
BERLIN, April 17 (Reuters) - Bayer BAYGn.DE hopes to stem the costs of litigation over its weedkiller glyphosate by lobbying U.S. states to adjust their regulatory framework, the German chemicals company's CEO said in a draft speech released on Thursday."We are working towards this with lawm...
Reuters
Thu, Apr 17
FACTBOX-US offshore wind farm projects slow as Trump opposition adds to hurdles
April 17 (Reuters) - Norway's Equinor will halt offshore construction of its Empire Wind 1 project in New York state following a stop-work order from U.S. Interior Secretary Doug Burgum, the company said on Thursday.Energy firms have slowed construction of offshore wind farms in the U.S. for var...
Reuters
Thu, Apr 17
CBOT Trends-Wheat and soybeans up 3-5 cents, corn flat-to-1 cent higher
CHICAGO, April 17 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Thursday.Note: Markets will be closed on Friday in observance of Good Friday.WHEAT - Up 3 to 5 cents* CBOT wheat Wv1 reached ...
Reuters
Thu, Apr 17
Russian contacts with Witkoff are very productive, Putin envoy says
MOSCOW, April 17 (Reuters) - Russian President Vladimir Putin's meeting with U.S. President Donald Trump's special envoy Steve Witkoff was extremely productive but various countries are trying to disrupt dialogue between Moscow and Washington, Putin's investment envoy said.Putin received...
Reuters
Thu, Apr 17
Brazil beef exporters undeterred by US tariffs
By Ana Mano SAO PAULO, April 17 (Reuters) - Higher U.S. tariffs will not hurt Brazil's sales to its second biggest beef export destination after China, analysts and industry groups say. Brazilian beef imports exceeding a pre-determined quota pay a 26.4% tariff, but an additional 10% levy has ...
Reuters
Thu, Apr 17
U.S. CPC Says El Niño Southern Oscillation (ENSO) Is Neutral At Present
April 17 (Reuters) - U.S. NATIONAL WEATHER SERVICE'S CLIMATE PREDICTION CENTER (CPC):SAYS EL NIÑO SOUTHERN OSCILLATION (ENSO) IS NEUTRALSAYS ENSO-NEUTRAL CONDITIONS ARE EXPECTED TO PERSIST INTO SUMMER WITH PROBABILITIES EXCEEDING 50% SAYS MAY-JUNE-JULY (MJJ) 2025 TEMPERATURE OUTLOOK FAVORS ABOVE...
Reuters
Thu, Apr 17
PRESS DIGEST-Canada - April 17
April 17 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Hudson’s Bay Co. plans to auction off historically significant artifacts, including its 1670 charter, separately ...
Reuters
Thu, Apr 17
Europe Gasoline/Naphtha-Gasoline margins climb as liquidity picks up
LONDON, April 17 (Reuters) - Northwest European gasoline refining profit rose about 30 cents to $12.03 a barrel on Thursday as trading liquidity rose sharply. A total of 20,000 metric tons of Eurobob E5 traded, with Litasco selling one barge to Varo in the Platts window and Trafigura selling ...
Reuters
Thu, Apr 17
GRAINS-Wheat up as U.S. rain assessed, corn and soybeans drift
HAMBURG, April 17 (Reuters) - Chicago wheat futures rose on Thursday, supported by concern about dryness in some U.S. wheat production regions despite some recent rain, while more wheat import demand was also seen. Soybeans and corn were mixed as dealers awaited news about possible trade talks betwe...
Reuters
Thu, Apr 17
CORRECTED-Russia says new Estonian legislation threatens Baltic shipping security
MOSCOW, April 17 (Reuters) - Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that Estonia's adoption of legal amendments allowing the country's navy to use force against foreign vessels was a provocative action that poses risks to shipping and security in the Baltic Sea...
Reuters
Thu, Apr 17
Trump says he had "very productive" call with Mexico's president
April 17 (Reuters) - U.S. President Donald Trump said on Thursday that he had a "very productive" call with the president of Mexico and a "very productive" meeting with Japanese trade representatives on Wednesday. "Every Nation, including China, wants to meet! Today, Italy!,"...
Reuters
Thu, Apr 17
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