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Albemarle says Chile lithium plant operating normally after incident last week
SANTIAGO, Aug 12 (Reuters) - Albemarle's ALB.N La Negra lithium processing plant in Chile is operating normally after an "incident" last week, the company told Reuters on Tuesday, after a local lawmaker said authorities had opened an investigation. There were no injuries and sales of the...Reuters
Tue, Aug 12
US natgas output and demand to hit record highs in 2025, before sliding in 2026, EIA says
By Scott DiSavinoAugust 12 (Reuters) - U.S. natural gas output and demand will both rise to record highs in 2025 before sliding in 2026, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.EIA projected dry gas production will rise from 103.2 bill...Reuters
Tue, Aug 12
US rejects IMO's 'Net-Zero Framework' aimed at global greenhouse gas emissions from shipping sector
Aug 12 (Reuters) - The United States on Tuesday rejected the "Net-Zero Framework" proposal by the International Maritime Organization (IMO), which is aimed at reducing global greenhouse gas emissions from the international shipping sector.The announcement was made in a joint statement by Sec...Reuters
Tue, Aug 12
US crude production to hit record 13.41 million bpd in 2025, EIA says
NEW YORK, Aug 12 (Reuters) - U.S. crude production will reach a record 13.41 million barrels per day in 2025 before declining in 2026, the Energy Information Administration forecasted on Tuesday in a monthly report.The decline in 2026 production to 13.28 million bpd would be the first drop in U.S. o...Reuters
Tue, Aug 12
US appeals court revives challenge to Maine town's cruise passenger limits
By Nate Raymond BOSTON, Aug 12 (Reuters) - A federal appeals court has revived a lawsuit alleging that the popular Maine vacation town of Bar Harbor violated the U.S. Constitution by limiting the number of cruise ship passengers that can come ashore to 1,000 per day.A three-judge panel of the Bos...Reuters
Tue, Aug 12
EU wheat back at contract lows before USDA data
PARIS/HAMBURG, Aug 12 (Reuters) - Euronext wheat futures eased to trade around contract lows on Tuesday, pressured by ongoing Northern Hemisphere harvests and expectations that U.S. government forecasts will show ample global supply.September wheat BL2U5 on the Paris-based Euronext was down 0.3% at ...Reuters
Tue, Aug 12
Brazil consumer coffee prices fall in July for first time in 18 months
RIO DE JANEIRO, Aug 12 (Reuters) - Brazil's consumer coffee prices fell 1.01% in July, the first drop in 18 months, according to data from the country's Broad National Consumer Price Index (IPCA) published on Tuesday. During the preceding year and a half, coffee was one of the main drivers o...Reuters
Tue, Aug 12
Smithfield Foods raises annual profit forecast as hog business recovers
Smithfield's fresh pork profits drop in Q2 despite higher salesMeatpacker resumes US exports to China after tariff disruptionTotal quarterly sales rise 11% to $3.79 billionHog business rebounds with $22 million quarterly profitBy Tom Polansek and Anuja Bharat Mistry Aug 12 (Reuters) - Smithfi...Reuters
Tue, Aug 12
Chilean authorities have opened probe into accident at Albemarle lithium plant, lawmaker says
SANTIAGO, Aug 12 (Reuters) - Chilean authorities have opened an investigation into Albemarle's La Negra lithium processing plant following an accident reported last week, a local lawmaker told Reuters on Tuesday.Lawmaker Jaime Araya, who represents the Antofagasta region where the plant is locat...Reuters
Tue, Aug 12
Albemarle Lithium Plant Incident Being Probed In Chile - Bloomberg News
Aug 12 (Reuters) - ALBEMARLE LITHIUM PLANT INCIDENT BEING PROBED IN CHILE - BLOOMBERG NEWSTHERE WERE NO REPORTS OF INJURIES IN THE ALBEMARLE LITHIUM PLANT INCIDENT IN CHILE - BLOOMBERG NEWSSource text: [https://tinyurl.com/24ze7jcb]Reuters
Tue, Aug 12
Daimler, Volvo, other truckmakers sue California to block emissions rules
By Jonathan Stempel Aug 12 (Reuters) - Four major truckmakers, including Daimler DTGGe.DE and Volvo, sued California to block the state from enforcing strict emissions standards that U.S. President Donald Trump declared void in June.Daimler, Volvo, Paccar PCAR.O, and International Motors VOWG.DE,...Reuters
Tue, Aug 12
Bullion markets breathe sigh of relief after Trump says gold will not face tariffs
Aug 11 (Reuters) - U.S. President Donald Trump on Monday said he would not impose tariffs on gold, a move welcomed by global bullion markets and which ended days of speculation that the yellow metal could be caught up in the ongoing global trade spat."Gold will not be Tariffed!" Trump said i...Reuters
Tue, Aug 12
US natural gas futures slide 3% to eight-month low on near-record output and cooler weather
Near-record output and ample supplies contribute to price declineTropical Storm Erin could reduce demand and gas pricesGas stockpiles 6% above normal levels and expected to growBy Scott DiSavino Aug 12 (Reuters) - U.S. natural gas futures slid about 3% to an eight-month low on Tuesday on near-rec...Reuters
Tue, Aug 12
Ukraine says smoke detected near cargo port of Zaporizhzhia nuclear plant
KYIV, Aug 12 (Reuters) - Ukraine's energy ministry said on Tuesday that smoke had been detected near a cargo port of the Russian-occupied Zaporizhzhia nuclear power plant. "The exact location of the fire and its possible consequences are currently being determined. We emphasize that the carg...Reuters
Tue, Aug 12
New Fortress Energy seeks SEC extension to file quarterly report amid debt agreement talks
Aug 12 (Reuters) - New Fortress Energy said on Tuesday it has sought more time from the U.S. securities regulator to file its report for the second quarter ended June 30, citing ongoing talks over additional credit support required under one of its debt agreements.Shares of the U.S.-based liquefied ...Reuters
Tue, Aug 12
Low-sulphur gasoil deliveries for August rise at expiry, ICE data shows
Aug 12 (Reuters) - Deliveries of low-sulphur gasoil LGOc1 for August rose to 2,198 lots or 219,800 tons at expiry, up from 998 lots in July, Intercontinental Exchange data showed on Tuesday.The contract expired at $671.50 a ton.Reuters
Tue, Aug 12
CBOT Trends-Wheat down 6-7 cents, corn down 3-4, soybeans down 12-14
CHICAGO, Aug 12 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading on Tuesday: WHEAT - Down 6 to 7 cents per bushelWheat futures ticked down as traders adjusted positions before the monthly U.S. Department of Agriculture supply and demand report, ...Reuters
Tue, Aug 12
GRAINS-Soybeans ease before USDA data, canola slides on China anti-dumping duty
Soybeans shed some of Monday's gains as China demand hopes coolCanadian canola drops 6% after China sets anti-dumping dutyCorn, wheat also ease ahead of U.S. supply-demand reportBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Aug 12 (Reuters) - Chicago soybeans eased on Tuesday, giving up ...Reuters
Tue, Aug 12
CORRECTED-Venture Global beats second-quarter revenue estimates on higher LNG sales
Aug 12 (Reuters) - Venture Global VG.N surpassed Wall Street expectations for second-quarter revenue on Tuesday, as the easing of new export permits for liquefied natural gas in the U.S. helped improve sales.Commercial activity in the sector picked up pace after President Donald Trump lifted a morat...Reuters
Tue, Aug 12
A 'Farm Babe' fights for GMOs and Big Ag, pushing back on MAHA influencers
Miller pushes back on "Make America Healthy Again" narrativeWellness influencer Hari's platform has grown with MAHA movementSurvey shows people increasingly trust peers and influencers over expertsBy Renee Hickman Aug 12 (Reuters) - Michelle Miller stands in a field of corn, stalks st...Reuters
Tue, Aug 12
