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OPEC+ oil producers stick to their guns with another big hike for July
Eight OPEC+ members met onlineOPEC+ cites steady economic outlook, healthy fundamentalsStarted unwinding output cuts in AprilFor more detail on OPEC+ unwinding its cuts, see By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, May 31 (Reuters) - The world’s largest group of oil produ...Reuters
Sat, May 31
EU Commission 'strongly' regrets announced increase in US steel tariffs
BRUSSELS, May 31 (Reuters) - The European Commission said on Saturday that it "strongly" regrets an announced increase in U.S. tariffs on steel imports. U.S. President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50% from 25%, putting more...Reuters
Sat, May 31
OPEC+ set to discuss July oil output hike, may be larger than 411,000 bpd, sources say
OPEC+ may discuss hike larger than 411,000 bpd, sources sayEight OPEC+ members to meet online on Saturday at 0900 GMTKazakhstan has informed OPEC it won't cut outputFor an EXPLAINER on OPEC+ output cuts, By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, May 31 (Reuters) - OPEC...Reuters
Sat, May 31
Trump accuses China of violating trade deal, doubles steel and aluminum tariffs
'I'm sure that I'll speak to President Xi,' Trump says US official says China slowing critical minerals exportsUS trade chief says China not in compliance with Geneva dealTrump announces increase in steel tariffs at Pennsylvania rallyBy David Lawder, Michael Martina and Katharine Jac...Reuters
Sat, May 31
LIVESTOCK-CME lean hog futures firm on wholesale prices
By Renee Hickman CHICAGO, May 30 (Reuters) - Chicago Mercantile Exchange lean hog futures rallied on Friday after a big jump in wholesale values, according to analysts. Most actively traded CME July lean hog futures LHN25 rose 1.950 cents to settle at 104.925 cents per pound. August feeder cattle...Reuters
Fri, May 30
US Cash Grains-Soy, corn basis bids flat after quiet week
CHICAGO, May 30 (Reuters) - Spot soybean and corn basis bids were flat in the U.S. Midwest on Friday following a quiet week, dealers said. Farmers have continued to focus on planting the remainder of their corn and soy crops.Soybeans and corn ticked lower, curbed by expectations of ample supplies an...Reuters
Fri, May 30
Trump says he plans to double steel tariffs to 50%
WASHINGTON, May 30 (Reuters) - U.S. President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel from 25% to 50%, ratcheting up pressure on global steel producers and vowing to deepen his trade war. "We are going to be imposing a 25% increase. We're going ...Reuters
Fri, May 30
Panama okays maintenance plan at First Quantum copper mine that was closed after protests
PANAMA CITY, May 30 (Reuters) - Panama has approved First Quantum Minerals' maintenance plan for its closed copper mine in the country, but this is not a re-start of the site that was shut in 2023 because of massive protests from local residents over environmental issues, a top trade official sa...Reuters
Fri, May 30
Trans Mountain Corp Reports Q1 Results
May 30 (Reuters) - Trans Mountain Corporation [RIC:RIC:TMC.UL]:TRANS MOUNTAIN CORP Q1 NET INCOME $148 MILLIONTRANS MOUNTAIN CORP Q1 REVENUE $729 MILLIONTRANS MOUNTAIN: EXPLORING SHORT & LONG-TERM OPTIMIZATION PROJECTS AIMED AT INCREASING PIPELINE CAPACITY BY 200,000 BPD - 300,000 BPDTRANS MOUNTA...Reuters
Fri, May 30
CIF/FOB Gulf Grain-Corn barge bids steady to down, USDA reports export sales
CHICAGO, May 30 (Reuters) - Basis bids for corn delivered by barge to U.S. Gulf Coast terminals were steady to weaker on Friday as the United States faced competition for export sales from cheaper supplies in South America, traders said.Argentina and Brazil are offering corn for export at values bel...Reuters
Fri, May 30
JBS' dual-listing plan gets approval from Brazil regulator CVM, stock exchange B3
May 30 (Reuters) - JBS SA JBSS3.SA:SAYS BRAZIL SECURITIES REGULATOR CVM APPROVED ITS BDR PROGRAM IN THE CONTEXT OF DUAL LISTING PLANS - FILINGSAYS BRAZILIAN STOCK EXCHANGE B3 ALSO APPROVED THE LISTING OF ITS BDRSReuters
Fri, May 30
EXCLUSIVE-Car makers warn China's rare-earth curbs could halt production
Automakers warn of rare-earth magnet shortageChina controls over 90% of global magnet processing capacityChina's export restrictions impact global auto productionUS officials frustrated with China's slow export license issuanceBy David Shepardson and Michael Martina WASHINGTON, May 30 (Re...Reuters
Fri, May 30
Exxon Mobil Reports Emissions At The Wet Gas Scrubber At Baytown Refinery, Texas
May 30 (Reuters) - EXXON MOBIL CORP XOM.N:REPORTS INCOMPLETE COMBUSTION OF CO IN SG-501B BOILER AT FCCU3 RESULTED IN ELEVATED CO EMISSIONS AT THE WET GAS SCRUBBER AT BAYTOWN REFINERY, TEXASREPORTS OPERATIONAL ADJUSTMENTS WERE MADE TO STABILIZE OPERATIONS AND MINIMIZE EMISSIONS AT BAYTOWN REFINERY, T...Reuters
Fri, May 30
RPT-US court extends deadline for improved bids in Citgo parent's auction
HOUSTON, May 30 (Reuters) - A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to June 18, a filing showed on Friday, giving more time for bidders to participate.Companies taking part in the...Reuters
Fri, May 30
REFILE-Northern Manitoba evacuees stream south to escape raging wildfires
Thousands flee northern Manitoba forest firesAid coming in from US, other Canadian provincesManitoba, Saskatchewan declare provincial emergencies over firesBy Ed White WINNIPEG, Manitoba, May 30 (Reuters) - As thousands of people fled from areas overwhelmed by wildfires in remote northern Manitob...Reuters
Fri, May 30
Pembina Pipeline Corporation Announces Redemption Of Series 19 Preferred Shares
May 30 (Reuters) - Pembina Pipeline Corp PPL.TO:PEMBINA PIPELINE CORPORATION ANNOUNCES REDEMPTION OF SERIES 19 PREFERRED SHARESPEMBINA PIPELINE CORP: TOTAL REDEMPTION PRICE TO PEMBINA WILL BE $200 MILLIONReuters
Fri, May 30
GRAINS-Wheat seesaws in choppy trade, corn and beans fall
Wheat choppy on crop conditions, weatherCorn and soybeans pressured by beneficial weatherSoybeans fall on biofuel policy uncertaintyBy Renee Hickman CHICAGO, May 30 (Reuters) - Chicago wheat traded both sides of unchanged on Friday as the U.S. dollar showed some signs of weakness and the market c...Reuters
Fri, May 30
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