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Lakeland Industries targets high single-digit revenue growth for FY 2027
OverviewUS protective clothing maker's Q4 FY26 revenue fell 1.7% yr/yr as Fire Services grewGross profit and adjusted EBITDA declined on lower margins and higher costsCompany completed HPFR and HiViz divestiture in March, raising $14 mln in cashOutlookLakeland targets high single-digit revenue g...Reuters
Thu, Apr 16
US firm George E. Warren to load Venezuelan oil cargo, document says
HOUSTON, April 16 (Reuters) - U.S.-based oil trading and supplying firm George E. Warren LLC has agreed to buy a 1-million-barrel cargo of Venezuelan Merey heavy crude to be loaded between late April and early May, a shipping document seen by Reuters on Thursday showed.U.S. licenses increasingly all...Reuters
Thu, Apr 16
GRAINS-Poor weather drives up US wheat futures
Frost risk in U.S. Plains adds to weather concernsSevere drought expands in Kansas, top U.S. wheat stateCBOT corn and soybeans ease after rising on WednesdayBy Tom PolansekCHICAGO, April 16 (Reuters) - U.S. hard red winter wheat futures soared to their highest level in more than a year on Thursday o...Reuters
Thu, Apr 16
Exxon withdraws offer to sell two initial Golden Pass LNG cargoes, sources say
Plant operating at about one-third capacity since late March, LSEG data showsGolden Pass project has faced delays and cost overruns since 2019HL Sea Eagle LNG carrier signaled heading to Golden Pass, LSEG ship data showsBy Marwa Rashad and Curtis Williams LONDON/HOUSTON, April 16 (Reuters) - Exxo...Reuters
Thu, Apr 16
CBOT soybeans end lower in turnaround from gains
CHICAGO, April 16 (Reuters) - Chicago Board of Trade soybean futures ended weaker on Thursday in a turnaround from gains during the previous session.CBOT May soybeans SK26 fell 3-1/4 cents to finish at $11.63-3/4 per bushel. CBOT May soyoil BOK26 rallied 1.73 cents to 69.33 cents per pound, and May...Reuters
Thu, Apr 16
US wheat futures jump on poor weather, KC contract sets one-year peak
CHICAGO, April 16 (Reuters) - U.S. wheat futures finished stronger on Thursday on increasing concerns about harsh weather threatening crops in the Plains region, analysts said.The western two-thirds of the Plains crop will remain under stress until at least late next week, Commodity Weather Group sa...Reuters
Thu, Apr 16
EXCLUSIVA-Autoridades registran oficinas de comercializadora de combustible Ikon Midstream en Houston
Autoridades estadounidenses ejecutaron una orden federal de cateo en la sede de Ikon Midstream en HoustonAbogado de la empresa dice allanamiento fue detonado por investigación de Reuters en octubre de 2025 sobre presunto contrabando de combustibleNo se realizaron arrestos; el abogado sostiene que Ik...Reuters
Thu, Apr 16
US Cash Grains-Corn, soybean basis steady as rain stalls planting
CHICAGO, April 16 (Reuters) - Spot basis bids for corn and soybeans were unchanged in the U.S. Midwest on Thursday as planting was delayed due to widespread rain.The U.S. Department of Agriculture on Thursday reported net U.S. corn export sales totaled 1,457,000 tons for the week ended April 9, in l...Reuters
Thu, Apr 16
Ukraine's Zaporizhzhia nuclear power plant temporarily loses all off-site power, IAEA says
April 16 (Reuters) - International Atomic Energy Agency (IAEA) said that Ukraine's Zaporizhzhia nuclear power plant temporarily lost all off-site power around for around 40 minutes before being restored on Thursday evening. The cause of power loss is not yet known, the IAEA said in a post on X.Reuters
Thu, Apr 16
EXCLUSIVE-US law enforcement raids offices of Houston fuel trader Ikon Midstream
U.S. law enforcement executed a federal search warrant at Ikon Midstream's Houston headquartersCompany's attorney said raid was triggered by Reuters' October 2025 investigation into alleged fuel smugglingNo arrests made; fuel trader’s attorney maintains Ikon Midstream engaged in no wrong...Reuters
Thu, Apr 16
Trump's energy leaders to hold call with CEOs on Iran war, source says
WASHINGTON, April 16 (Reuters) - The heads of the U.S. Interior and Energy Departments will hold a call on Thursday with CEOs from energy companies including Exxon XOM.N and Chevron CVX.N on their potential to boost oil and gas output, an administration official said, as the Iran war hikes global en...Reuters
Thu, Apr 16
CBOT corn ends down in setback from one-week high
CHICAGO, April 16 (Reuters) - Chicago Board of Trade corn futures turned lower on profit taking on Thursday after hitting the highest price in more than a week, traders said.CBOT May corn CK26 ended down 2-3/4 cents at $4.48-1/2 per bushel. The contract earlier touched its highest price since April ...Reuters
Thu, Apr 16
US natgas futures edge up, cash prices in Texas and California at record lows
EIA reports larger-than-expected storage build due to mild weather, keeping heating demand lowSpot gas prices in Texas and California hit record lows as renewables meet demandLSEG notes U.S. output dipped to 10-week low, but demand forecasts revised higherBy Scott DiSavino NEW YORK, April 16 (Reu...Reuters
Thu, Apr 16
Oil prices rise on doubts US-Iran peace talks will ease Hormuz disruption
Analysts raise doubts about resolution of US-Iran warIsrael-Lebanon agree to 10-day ceasefireU.S., Iranian negotiators scale back talk ambitions, sources tell ReutersU.S. crude, fuel stocks fall on strong export demandBy Shariq Khan and Shadia Nasralla NEW YORK, April 16 (Reuters) - Oil prices ro...Reuters
Thu, Apr 16
Hungary's Magyar agrees with MOL chief Hernadi to maintain fuel price cap
BUDAPEST, April 16 (Reuters) - Hungary's election winner Peter Magyar said he met the executive chairman of oil company MOL MOLB.BU, Zsolt Hernadi, on Thursday and they agreed to maintain a current fuel price cap even after his new government is formed by mid-May. "MOL has confirmed that ...Reuters
Thu, Apr 16
Trump says he may go to Islamabad if Iran deal reached
By Humeyra PamukWASHINGTON, April 16 (Reuters) - U.S. President Donald Trump said on Thursday that if a deal with Iran to conclude the war is reached and signed in Islamabad, he might go, and that Iran has agreed to almost everything.Trump struck an optimistic tone about Iran as he spoke with report...Reuters
Thu, Apr 16
Gold slips as easing Mideast risks boost US Dollar, curb haven bids
Gold (XAU/USD) price edges lower on Thursday during the American session as geopolitical tensions are tempered amid negotiations to resume US-Iran talks and a likely ceasefire between Israel and Lebanon, brokered by US President Donald Trump.
Fxstreet
Thu, Apr 16
Netanyahu says he has agreed to a 10-day ceasefire to give peace with Lebanon a chance
JERUSALEM, April 16 (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Thursday he has agreed to a temporary 10-day ceasefire in Lebanon to give time to forge U.S. President Donald Trump's initiative for a peace deal between Israel and Lebanon.In a video statement, Netanyahu said a pe...Reuters
Thu, Apr 16
Marathon Galveston Bay Texas refinery FCCU back to normal operation after upset, sources say
HOUSTON, April 16 (Reuters) - The gasoline-producing fluid catalytic cracking unit at Marathon Petroleum's MPC.N 631,000-barrel-per-day Galveston Bay Refinery in Texas returned to normal operation on Wednesday after a Tuesday malfunction, said two people familiar with plant operations. Marathon ...Reuters
Thu, Apr 16
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