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Tulsa Fire Department says crews responded to fire at HF Sinclair’s Tulsa refinery
May 11 (Reuters) - Fire crews from the Tulsa Fire Department responded to HF Sinclair's refinery in Tulsa, Oklahoma, at around 11:00 a.m. on Monday to provide standby support after a fire broke out at the facility, the department said in a Facebook post.The refinery's own fire brigade handle...Reuters
Mon, May 11
Freeport says Grasberg recovery not delayed until 2028, stands by 2027 forecast
May 11 (Reuters) - Freeport-McMoRan FCX.N said on Monday that it still expects Indonesia's Grasberg copper and gold mine to resume full production by the end of 2027, confirming a plan outlined last month and pushing back on reports that the restart could drag into 2028."PT Freeport Indonesi...Reuters
Mon, May 11
Trump to sign orders to boost beef imports, rebuild cattle herd, White House says
CHICAGO, May 11 (Reuters) - U.S. President Donald Trump is set to sign executive orders on Monday to allow increased beef imports into the U.S. and to support renewal of the U.S. cattle herd in an effort to address high beef prices, a White House official said.The official did not provide details on...Reuters
Mon, May 11
US Cash Grains-Corn, soybean basis bids slip as futures rally
CHICAGO, May 11 (Reuters) - Basis bids for corn and soybeans were mostly steady to lower at U.S. Midwest elevators, processors and ethanol plants on Monday as futures rose alongside crude oil after talks to end the Iran war stalled. The corn basis weakened at an ethanol plant in Annawan, Illinois a...Reuters
Mon, May 11
Americans don't think Trump has explained Iran war goals, Reuters/Ipsos poll shows
Majority say Trump has not explained US goals in Iran conflict, Reuters/Ipsos poll showsRising gas prices hurting household finances, many blame Trump's Republican alliesTrump's approval rating rises to 36% from previous low, Reuters/Ipsos poll findsWASHINGTON, May 11 (Reuters) - Two out of ...Reuters
Mon, May 11
CANADA RESEARCH ROUNDUP-AG Growth International, Extendicare, TMX Group
May 11 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including AG Growth International, Extendicare and TMX Group on Monday. HIGHLIGHTS AG Growth International Inc AFN.TO: RBC raises to outperform from sector performExtendicare Inc...Reuters
Mon, May 11
PRECIOUS-Gold ticks up as markets digest US-Iran updates, await inflation data
US CPI due on Tuesday Trump and China's Xi set for talksIndia's Modi urges pause on gold purchasesSpot silver up over 6% By Ashitha Shivaprasad May 11 (Reuters) - Gold prices reversed course to edge up on Monday in volatile trading, as investors assessed developments in U.S.-Iran diplomac...Reuters
Mon, May 11
US EPA moves to speed clean air permits for power plants, industry
By Tim McLaughlinMay 11 - The U.S. Environmental Protection Agency (EPA) said on Monday it would speed up the process for large polluters to obtain clean air permits, the latest move by the Trump administration to ease regulatory burdens on American power plants and industry. The move means the EPA ...Reuters
Mon, May 11
GRAINS-US grain, soy futures rise as oil rallies
Strait of Hormuz closure disrupts global fertilizer tradeTraders await USDA supply/demand data on TuesdayTrump to visit top soy importer China this weekBy Tom Polansek CHICAGO, May 11 (Reuters) - U.S. grain and soybean futures rose on Monday, supported by spiking oil prices after the United S...Reuters
Mon, May 11
Natural gas mineral firm WhiteHawk reveals sevenfold revenue surge in US IPO filing
May 11 (Reuters) - Natural gas mineral and royalty business WhiteHawk filed for a U.S. initial public offering on Monday, disclosing a 615% revenue surge in 2025, as higher oil prices spur fresh energy listings.The Philadelphia, Pennsylvania-based company reported a net loss of $3.6 million on reven...Reuters
Mon, May 11
Barrick beats Q1 profit estimates on record gold prices, unveils $3 bln buyback
Barrick plans to divest risky African and non-controlling assets, CEO Mark Hill saysGold production fell 5%, but Barrick expects output to rise in coming quartersBarrick advances US IPO plans for North American assets, including Nevada Gold MinesSees production to rise in Q2 but stay below year-ago ...Reuters
Mon, May 11
Europe Gasoline/Naphtha-Gasoline refining margins gain
LONDON, May 11 (Reuters) - Northwest European gasoline refinery margins rose by $1.56 on Monday to $28.47 a barrel, extending gains from the previous session as the market eyed a tighter supply picture. About 14,000 metric tons of E5 gasoline barges traded in the Argus window as BP and Trafigura sol...Reuters
Mon, May 11
India's Modi to begin five-nation tour, including UAE, amid Middle East crisis
May 11 (Reuters) - Indian Prime Minister Narendra Modi will embark on a five-nation tour taking in the United Arab Emirates and Europe from May 15-20, India's foreign ministry said in a statement on Monday, as the Middle East crisis drives up global oil prices and strains India's foreign cur...Reuters
Mon, May 11
Constellation Energy tops profit estimates on strong power demand, Calpine boost
By Dharna Bafna and Laila Kearney May 11 (Reuters) - U.S. power company Constellation Energy CEG.O beat Wall Street estimates for first-quarter adjusted profit on Monday, helped by rising power demand and contributions from its recently acquired Calpine assets.Company executives said on a post-e...Reuters
Mon, May 11
Trump says he will reduce the federal gas tax
WASHINGTON, May 11 (Reuters) - President Donald Trump said on Monday he will reduce the federal gas tax, seeking to blunt the impact of rising pump prices.His swift rejection of Iran's response to a U.S. peace proposal fueled concerns that the 10-week-old conflict could drag on and continue to p...Reuters
Mon, May 11
Mosaic Says Ready To Quickly Restart Curtailed Phosphate Operations When Conditions Improve
May 11 (Reuters) - Mosaic Co MOS.N:MOSAIC SAYS READY TO QUICKLY RESTART CURTAILED PHOSPHATE OPERATIONS WHEN CONDITIONS IMPROVE - CONF CALLMOSAIC SAYS Q2 PHOSPHATE RAW MATERIAL COSTS SEEN AT ABOUT $540/TONNE FOR SULFUR AND ABOUT $610/TONNE FOR AMMONIA – CONF CALLMOSAIC SAYS BRAZIL FERTILIZER USE SEEN...Reuters
Mon, May 11
McEwen Copper taps financial firm to manage $2.4 bln loan for Argentina copper project
By Lucila SigalBUENOS AIRES, May 11 (Reuters) - McEwen Copper has signed an agreement with an international financial institution to manage a $2.4 billion loan package financing part of the Los Azules copper project in Argentina, Michael Meding, the firm's vice president and general manager, tol...Reuters
Mon, May 11
Apple, Boeing, Citi, Tesla, Meta executives to join Trump's China trip
WASHINGTON, May 11 (Reuters) - More than one dozen CEOs and top executives will join the U.S. delegation as President Donald Trump travels to China this week, according to a White House official. The companies include: Apple (Tim Cook)Blackrock (Larry Fink)Blackstone (Stephen Schwarzman)Boeing (...Reuters
Mon, May 11
India's Modi to begin five-nation tour including UAE amid Middle East crisis
May 11 (Reuters) - Indian Prime Minister Narendra Modi will embark on a five-nation tour taking in the UAE and Europe from May 15-20, India's foreign ministry said in a statement on Monday, as the Middle East crisis drives up global oil prices and strains India's foreign currency reserves.Reuters
Mon, May 11
Trump says Iran ceasefire on 'life support' after rejecting Tehran's response
By Nandita Bose WASHINGTON, May 11 (Reuters) - President Donald Trump said on Monday that the ceasefire with Iran was "on life support," after dismissing Tehran's response to a U.S. peace proposal as "stupid." Trump's swift rejection of Iran's response on Sunday h...Reuters
Mon, May 11
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