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BREAKINGVIEWS-Coke bottles bitter US economic formula
By Jennifer Saba NEW YORK, July 23 (Reuters Breakingviews) - Mexico is a frequent target of Donald Trump’s ire, but he prefers the Coke sold there. After holding conversations with the president, Coca-Cola KO.N unveiled plans to roll out a version of its signature soda using cane sugar, as it is...Reuters
Wed, Jul 23
Chevron says zinc levels in US Mars oil output within limits
By Arathy Somasekhar HOUSTON, July 23 (Reuters) - Zinc levels in flagship U.S. offshore crude Mars' production stream are now within expected levels after some contamination was identified in recent weeks, oil producer Chevron CVX.N said on Wednesday, citing recent testing. The start-up of a...Reuters
Wed, Jul 23
Freeport-McMoRan CEO: Waiting On Details Of US Copper Tariff Plan
July 23 (Reuters) - Freeport-McMoRan Inc FCX.N:CHAIRMAN RICHARD ADKERSON: 'PLEASED TO SEE THE TRADE AGREEMENT BETWEEN INDONESIA AND THE UNITED STATES'CEO KATHLEEN QUIRK: 'WE'RE WELL POSITIONED FOR CONTINUED STRONG FINANCIAL PERFORMANCE'CEO: MARGINS AND CASH FLOWS EXPECTED TO GROW...Reuters
Wed, Jul 23
US EPA to withdraw foundation of greenhouse gas rules, sources say
Proposal will be published for public notice, White House saysSource: Finding to focus on EPA's legal authority, not scienceInternational Court calls emissions an 'existential threat'By Valerie Volcovici WASHINGTON, July 23 (Reuters) - The U.S. Environmental Protection Agency plan...Reuters
Wed, Jul 23
Valero Refinery Says Mechanical Issue With Their Nitrogen Plant
July 23 (Reuters) - Valero Energy Corp VLO.N :SAYS FLARE STACKS WILL BE OPERATING INTERMITTENTLY FOR SEVERAL HOURS DUE TO MECHANICAL ISSUE WITH THEIR NITROGEN PLANT SOURCE: BENICIA FIRE DEPARTMENTREFINERY CAPACITY: 145,000 BARRELS PER DAYReuters
Wed, Jul 23
Venezuela's PDVSA imports Russia-origin naphtha, shipping data shows
July 23 (Reuters) - Venezuela's state-owned oil company PDVSA has received and is unloading a Russia-origin 700,000-barrel cargo of heavy naphtha, a key product for its heavy crude output, according to vessel tracking data and a shipping document seen by Reuters on Wednesday.U.S.-sanctioned PDVS...Reuters
Wed, Jul 23
Azeri BTC oil loadings at Ceyhan resume after contamination scare
Tanker proceeded to load at BTC Ceyhan, port agent saysLoadings resumed after tank found to be clean, port agent saysReuters reported organic chloride contamination on TuesdayNumber of cargoes affected and severity of contamination, remains unclear BAKU/MOSCOW, July 23 (Reuters) - Azeri BTC crude...Reuters
Wed, Jul 23
Azeri BTC oil loadings at Ceyhan resume after contamination scare
Tanker proceeded to load at BTC Ceyhan, port agent saysLoadings resumed after tank found to be clean, port agent saysReuters reported organic chloride contamination on TuesdayNumber of cargoes affected and severity of contamination, remains unclear BAKU/MOSCOW/LONDON, July 23 (Reuters) - Azeri BT...Reuters
Wed, Jul 23
NextEra beats quarterly profit estimates on massive power demand
July 23 (Reuters) - NextEra Energy NEE.N beat Wall Street estimates for second-quarter adjusted profit on Wednesday, boosted by robust growth in its renewables division amid soaring power demand from AI data centers and hyperscalers. But NextEra stock dropped 4% to $74.14 per share on concerns a...Reuters
Wed, Jul 23
Chevron says zinc levels in U.S. Mars oil output within limits
HOUSTON, July 23 (Reuters) - Chevron CVX.N on Tuesday said recent testing indicates that zinc levels in flagship U.S. offshore crude Mars' production stream were now within expected levels. The start-up of an offshore well caused zinc contamination in Mars crude, Chevron had said earlier this mo...Reuters
Wed, Jul 23
U.S. coal power plants well stocked through 2026, EIA says
July 23 (Reuters) - U.S. coal-fired power plants are expected to remain well stocked through the end of 2026, the U.S. Energy Information Administration (EIA) said on Wednesday in its latest short-term energy outlook.Power plants in the U.S. held about 124 million short tons of coal on-site at the e...Reuters
Wed, Jul 23
ANALYSIS-Rwandan rebels' fate clouds Trump's vision for mineral-rich Congo
Hutu rebels' future complicates US-brokered peace in CongoRwanda cites group as major threat, analysts downplay riskRebel leader appeals to Trump to avoid offensiveTrump eyes major minerals investments in war-hit regionBy Sonia Rolley July 23 (Reuters) - Moves to end fighting in eastern Congo...Reuters
Wed, Jul 23
CANADA RESEARCH ROUNDUP-Canadian National Railway, Enbridge, Pembina Pipeline
July 23 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Canadian National Railway, Enbridge and Pembina Pipeline on Wednesday.HIGHLIGHTS * Canadian National Railway CNR.TO: JP Morgan cuts to neutral from overweight* Enbridge Inc ENB.TO...Reuters
Wed, Jul 23
EPA to withdraw foundation of greenhouse gas rules, sources say
By Valerie VolcoviciWASHINGTON, July 23 (Reuters) - The U.S. Environmental Protection Agency is planning to reverse a key scientific determination that greenhouse gas emissions endanger public health, removing the legal foundation that underpins all major climate regulations, two sources familiar wi...Reuters
Wed, Jul 23
US oil producer Continental Resources drops fraud lawsuit against rival Hess
HOUSTON, July 23 (Reuters) - U.S. shale producer Continental Resources has dropped a lawsuit it filed against rival Hess Corp HES.N in May, which alleged it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.Continental said that Hess, ...Reuters
Wed, Jul 23
Silver's hot streak gathers pace; market at highest since 2011
Spot silver up 36% this year Silver rally narrows gold ratio to strongest since DecemberSilver market heads for fifth straight year of deficit By Polina Devitt and Sherin Elizabeth Varghese July 23 (Reuters) - Silver prices surged to their highest in almost 14 years on Wednesday, aided by worries...Reuters
Wed, Jul 23
Venezuela's PDVSA imports Russia-origin naphtha, shipping data say
July 23 (Reuters) - Venezuela's state-owned oil company PDVSA is discharging a Russia-origin 700,000-barrel cargo of heavy naphtha, a key product for its heavy crude output, according to vessel tracking data and a shipping document seen by Reuters on Wednesday.Reuters
Wed, Jul 23
PRECIOUS-Gold prices fall on US-Japan trade deal as silver soars
Longer-term prospects for gold remain favourable, analyst says US Fed independence under threat, say economistsSilver hits highest since 2011Platinum down over 1% By Sherin Elizabeth Varghese and Ashitha Shivaprasad July 23 (Reuters) - Gold prices fell on Wednesday after a U.S.-Japan trade deal e...Reuters
Wed, Jul 23
