News
Important Only
CBOT wheat falls as trade war fears loom
CHICAGO, March 14 (Reuters) - Chicago Board of Trade soft red winter wheat futures eased on Friday as trade war fears loomed, though expectations of lower wheat exports from Russia have kept a bottom on prices. CBOT May soft red winter wheat WK25 settled down 5-1/2 cents to $5.57 a bushel.K.C. May h...Reuters
Fri, Mar 14
CBOT soybeans edge up after choppy trade
CHICAGO, March 14 (Reuters) - Chicago Board of Trade soybean futures finished higher on Friday after spending the day seesawing up and down as traders assessed U.S. President Donald Trump's ongoing tariff war and South America's production prospects.CBOT May soybeans SK25 settled up 5-1/4 ce...Reuters
Fri, Mar 14
EXCLUSIVE-Mexican tycoon Slim eyes two of Pemex's key fields, gaining clout in energy sector
By Adriana Barrera and Stefanie Eschenbacher MEXICO CITY, March 14 (Reuters) - Mexican state energy company Pemex is in talks with Carlos Slim which could see the billionaire tycoon help bankroll two of the country's most promising crude oil and natural gas fields, sources familiar with the m...Reuters
Fri, Mar 14
CBOT corn loses ground on trade war fears
CHICAGO, March 14 (Reuters) - Chicago Board of Trade corn futures ticked lower on Friday as concerns over trade conflicts disrupting trade flows and abundant South American supplies weighed on prices, analysts said. CBOT May corn CK25 settled down 6-3/4 cents to $4.58-1/2 a bushel.Grain markets face...Reuters
Fri, Mar 14
El Paso Declares Force Majeure At Amarillo Station, Texas
March 14 (Reuters) - KINDER MORGAN'S KMI.N EL PASO NATURAL GAS COMPANY, L.L.C (EPNG):DECLARES FORCE MAJEURE AT AMARILLO STATION, TEXAS AFTER LOSING ELECTRICAL POWER AT COMPRESSOR STATION DUE TO HIGH WINDS AND LOCAL POWER COMPANY DE-ENERGIZING POWER LINES AS PART OF PUBLIC SAFETY POWER SHUTOFF PL...Reuters
Fri, Mar 14
Niger orders three Chinese oil officials out of country, sources say
NIAMEY, March 14 (Reuters) - Niger's junta has ordered three Chinese officials working in the oil sector to leave the country, two sources familiar with the decision told Reuters on Friday, in the latest move by regional military governments to assert greater control over resources.The request f...Reuters
Fri, Mar 14
PRECIOUS-Gold pops above $3,000/oz for first time in historic safe-haven rally
Cenbank gold buying will remain structurally higher, Goldman saysSpot gold hits record high of $3,004.86US central bank policy meeting due next weekBy Ashitha Shivaprasad March 14 (Reuters) - Gold broke through the key $3,000 barrier on Friday for the first time as investors piled on to a histori...Reuters
Fri, Mar 14
CORRECTED (OFFICIAL)-CERAWEEK-AI leading to faster, cheaper oil production, executives say
By Sheila Dang, Georgina McCartney HOUSTON, March 13 (Reuters) - Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop, executives detailed during the CERAWeek conference in Hous...Reuters
Fri, Mar 14
CORRECTED-RPT-CERAWEEK-DG - AI leading to faster, cheaper oil production, executives say
By Sheila Dang and Georgina McCartney HOUSTON, March 13 (Reuters) - Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had viewed as too difficult or expensive to develop, executives detailed during the CERAWeek conference in H...Reuters
Fri, Mar 14
Abbott, Reckitt face new trial over premature infant formula
By Dietrich Knauth March 14 (Reuters) - A Missouri judge has ordered Abbott Laboratories ABT.N and Reckitt Benckiser RKT.L unit Mead Johnson to face a new trial over allegations that they failed to warn a mother about the risks of their specialized baby formulas for premature infants, re-open...Reuters
Fri, Mar 14
GRAINS-Corn, wheat futures ease amid trade war jitters
Grain and soy futures pressured by trade war fearsWheat set for weekly gains on lower Russian export outlookBy Heather Schlitz CHICAGO, March 14 (Reuters) - Chicago corn futures ticked lower on Friday as concerns over trade conflicts disrupting trade flows and abundant South American supplies wei...Reuters
Fri, Mar 14
US Cash Grains-Some processing plants boost soybean basis bids
CHICAGO, March 14 (Reuters) - Spot basis bids for soybeans were steady to higher at U.S. processing plants in the Midwest on Friday as buyers sought to entice farmers to make sales, dealers said. * Farmers have been on the sidelines in the market, waiting to sell soy and corn as they focus on field ...Reuters
Fri, Mar 14
EU and U.S. have much work to do on trade tensions, EU trade chief says
BRUSSELS, March 14 (Reuters) - The European Union and the United States have a lot of work to do before they can ease trade tensions, EU trade chief Maros Sefcovic said on Friday after talks with his American counterparts."Important exchange with U.S. Secretary Howard Lutnick and ambassador Jami...Reuters
Fri, Mar 14
EU wheat scores first weekly gain in four weeks
PARIS/HAMBURG, March 14 (Reuters) - European wheat prices edged lower on Friday, weighed down by competition from the Black Sea region and a decline in U.S. markets but prices still recorded their first weekly gain in four weeks.The benchmark May milling wheat contract on Paris-based Euronext closed...Reuters
Fri, Mar 14
Williams says it welcomes Trump's support for Constitution gas pipeline
WASHINGTON, March 14 (Reuters) - Williams Cos WMB.N said on Friday it appreciated U.S. President Donald Trump's support for its cancelled Constitution natural gas pipeline project through New York, and that it was interested in dusting off the project under the right circumstances.Trump met with...Reuters
Fri, Mar 14
Europe Gasoline/Naphtha-Gasoline margins slip on higher crude
LONDON, March 14 (Reuters) - Northwest European gasoline refining profit margins fell by $1.65 a barrel on Friday to $5.58 as stronger underlying crude prices weighed, but lower regional inventories limited further losses. A total of 12,000 metric tons of E5 gasoline barges traded, as Trafigura and...Reuters
Fri, Mar 14
METALS-Copper slips from fresh peak after downbeat Chinese data
By Eric Onstad LONDON, March 14 (Reuters) - Copper prices recoiled from a five-month peak on Friday, as disappointing loans data from top metals consumer China and concerns around U.S. tariffs dampened buying activity.Benchmark three-month copper CMCU3 on the London Metals Exchange was little cha...Reuters
Fri, Mar 14
US oil and gas rig count unchanged this week, Baker Hughes says
By Brijesh Patel March 14 (Reuters) - U.S. energy firms this week kept the number of oil and natural gas rigs operating unchanged, 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 output, was steady at 59...Reuters
Fri, Mar 14
