News
Important Only
Dominion Energy slashes CEO's cash payout on long-term goals
Dominion CEO loses out on big cash haulUtility missed targets on profit and shareholder returnDemand for Dominion electricity looks robust on data center growthBy Tim McLaughlinMarch 28 (Reuters) - Dominion Energy D.N CEO Robert Blue missed out on taking home more than $4 million in cash after the u...Reuters
Fri, Mar 28
CBOT wheat dips to nearly 8-month low on sluggish exports, rain relief
CHICAGO, March 28 (Reuters) - Chicago Board of Trade wheat futures dropped to a nearly eight-month low on Friday, closing down for a fifth straight session, as traders focused on sluggish exports and rain relief in parts of the U.S. Plains, market analysts said. Four of CBOT's soft-red winter wh...Reuters
Fri, Mar 28
Musk's X down for tens of thousands of US users, Downdetector shows
March 28 (Reuters) - Elon Musk's X was down for tens of thousands of users in the U.S. on Friday, according to outage tracking website Downdetector.com.There were more than 53,000 incidents of people reporting issues with the social media platform as of 2:48 p.m. ET, Downdetector showed, which t...Reuters
Fri, Mar 28
BREAKINGVIEWS-Fake chocolate is a sweeter bet than plant burgers
By Pranav Kiran TORONTO, March 28 (Reuters Breakingviews) - Eco-conscious diners weren’t enough to propel once-hyped startups like Beyond Meat BYND.O into reshaping the food chain. The problem for plant-based burgers is that they weren’t clearly a better option on price or taste, and threatened ...Reuters
Fri, Mar 28
PRECIOUS-Gold prices soar to all-time high over trade war concerns
Spot gold hits 18 record highs so far this yearUS PCE at 0.4% in FebruarySilver, platinum & palladium headed for weekly gainBy Anmol Choubey March 28 (Reuters) - Gold prices surged to a record high on Friday, as investors flocked to the safe-haven asset amid fears of a global trade war trigge...Reuters
Fri, Mar 28
CBOT soybeans futures see choppy trading day, end session higher
CHICAGO, March 28 (Reuters) - Chicago Board of Trade soybean futures fell for most of the session on Friday, before ending higher on the day on a flurry of bargain-buying and fundamental trading ahead of a key government planting report, market analysts said.CBOT May soybeans SK25 settled up 6-1/4 c...Reuters
Fri, Mar 28
US natgas prices climb 3% on record LNG flows, lower daily output
US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoMarch 28 (Reuters) - U.S. natural gas futures climbed about 3% to a one-week high on Friday on record flows to liquefied n...Reuters
Fri, Mar 28
CBOT corn ends higher, rebounding from a 3-month low
CHICAGO, March 28 (Reuters) - Chicago Board of Trade corn futures on Friday slumped to the lowest price seen in more than three months on expectations of increased U.S. planting this year, before rebounding on a spate of fundamental and bargain-buying, market analysts said.CBOT May corn CK25 settled...Reuters
Fri, Mar 28
Europe Gasoline/Naphtha-Gasoline margins close week higher after summer switch
LONDON, March 28 (Reuters) - Northwest European gasoline refining profit rose sharply on the week to around $12.27 per barrel, after the seasonal switch from winter to summer grade product earlier this week.Eurobob gasoline margins rose over $1 a barrel on the day on Friday, and doubled from last Fr...Reuters
Fri, Mar 28
Venezuela's PDVSA to cut office hours as power crisis worsens
March 28 (Reuters) - Venezuelan state-run oil firm PDVSA will cut office hours for its administrative workers, an internal document seen by Reuters showed, following an energy-saving order by the government amid a worsening power crisis.The administration of President Nicolas Maduro announced on Sun...Reuters
Fri, Mar 28
EU wheat hits new lows as exports and weather weigh
PARIS, March 28 (Reuters) - Euronext wheat hit fresh multi-month lows on Friday, pressured by export concerns and improving northern hemisphere crop weather, though prices pared their losses by the close.May wheat BL2K5 on Euronext settled 0.2% up at 218.75 euros a metric ton, steadying after an ear...Reuters
Fri, Mar 28
US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says
By Scott DiSavinoMarch 28 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future outp...Reuters
Fri, Mar 28
US Plains HRW Wheat-Basis bids flat as industry awaits USDA reports
CHICAGO, March 28 (Reuters) - Spot basis bids for hard red winter wheat were unchanged in the U.S. Plains on Friday amid slow trade as farmers awaited the U.S. Department of Agriculture's Monday reports before making selling decisions, dealers said.* The USDA's planting report will be issued...Reuters
Fri, Mar 28
USDA Says Sample From 1 Dairy Cow Indicated Positive For H5N1 Influenza A At Very Low Levels
March 28 (Reuters) - USDA:USDA: AS OF MARCH 26, DIAPHRAGM MUSCLE SAMPLE FROM 1 DAIRY COW & ITS KIDNEY INDICATED POSITIVE FOR H5N1 INFLUENZA A AT VERY LOW LEVELS - WEBSITEUSDA: H5N1 POSITIVE DAIRY COW CARCASS WAS FROM PROCESSOR IN CALIFORNIA, WAS HELD PENDING RESULTS AND DID NOT ENTER FOOD SUPPLYReuters
Fri, Mar 28
Office work reduced at Venezuela's PDVSA as power crisis worsens
March 28 (Reuters) - Venezuelan state-run oil firm PDVSA will cut office hours for its administrative workers, an internal document seen by Reuters showed, following an energy-saving order by the government amid a worsening power crisis.Reuters
Fri, Mar 28
Texas upstream oil and gas jobs rise in February, industry group says
By Georgina McCartney HOUSTON, March 28 (Reuters) - Upstream oil companies ramped up hiring in February, the Texas Independent Producers and Royalty Owners Association (TIPRO) said on Friday, marking the second straight month of growth. WHY IT'S IMPORTANT Hiring in the upstream sector, whi...Reuters
Fri, Mar 28
METALS-LME copper falls with muted risk appetite ahead of bumpy next week
By Polina Devitt LONDON, March 28 (Reuters) - Copper prices fell on Friday with risk appetite muted by next week's deadline for broad U.S. reciprocal tariffs and stimulus to deliver copper to the U.S. ahead of possible metal-specific tariffs easing.Benchmark three-month copper CMCU3 on the Lo...Reuters
Fri, Mar 28
US drillers cut oil and gas rigs for first time in three weeks, Baker Hughes says
By Scott DiSavinoMarch 28 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks energy, services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future outp...Reuters
Fri, Mar 28
EU wheat hits new lows as exports and weather weigh
PARIS, March 28 (Reuters) - Euronext wheat fell on Friday to fresh multi-month lows as a firmer euro added to export concerns and forecast rain in the U.S. and the Black Sea region eased crop worries.May wheat BL2K5 on Euronext was down 0.2% at 217.75 euros ($235.65) a metric ton by 1701 GMT.It tou...Reuters
Fri, Mar 28
