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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
US terminates financial aid for big Midwest power transmission project
WASHINGTON, July 23 (Reuters) - The U.S. Department of Energy on Wednesday announced it had terminated taxpayer-funded financial assistance for the 800-mile (1,290 km) Grain Belt Express transmission project that would transmit power from Kansas to cities in the Midwest and East.American farmers pre...Reuters
Wed, Jul 23
Drug, semiconductors tariffs to be separate, White House says amid Japan deal
WASHINGTON, July 23 (Reuters) - Japan won't be treated worse than other U.S. trading partners when it comes to tariffs on medicines and semiconductor chips, a White House official said on Wednesday after their announced trade deal, adding that those rates will be negotiated separately.Reuters
Wed, Jul 23
Dealmaking in US upstream oil and gas tumbles as volatility rattles investors
Volatility in markets slows M&A in US upstream oil and gasMajor deals by EOG Resources and Viper Energy dominate Q2Future M&A may focus on international opportunities, says DittmarBy Georgina McCartney HOUSTON, July 23 (Reuters) - Volatility across energy and equity markets spooked invest...Reuters
Wed, Jul 23
US natgas prices slide 3% to 2-month low on near-record output, lagging LNG exports
Gas stockpiles at 6% above normal and growingGas output on track for monthly record high in JulyHottest days of summer coming early next weekBy Scott DiSavino July 23 (Reuters) - U.S. natural gas futures slid about 3% to a two-month low on Wednesday on near-record output, stagnant gas flows to li...Reuters
Wed, Jul 23
Lucid Launches Collaborative with Critical Minerals Producers to Further Strengthen Supply Chain for American Automotive and EV Manufacturing
July 23 (Reuters) - Alaska Energy Metals Corp AEMC.V:LUCID LAUNCHES COLLABORATIVE WITH CRITICAL MINERALS PRODUCERS TO FURTHER STRENGTHEN SUPPLY CHAIN FOR AMERICAN AUTOMOTIVE AND EV MANUFACTURINGLUCID GROUP- TO ACCELERATE DEVELOPMENT OF DOMESTIC CRITICAL MINERAL RESOURCES FOR USE IN AUTO MANUFACTURIN...Reuters
Wed, Jul 23
CBOT Trends-Wheat down 1-2 cents, corn steady-up 1, soy up 5-6
CHICAGO, July 23 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday. WHEAT - Down 1 to 2 cents per bushelWheat futures rose on Wednesday, extending gains from the previous sess...Reuters
Wed, Jul 23
Angola gets 60,000 barrels per day oil production bump
CAPE TOWN, July 23 (Reuters) - Angola's attempts to stabilise waning crude oil production received a boost on Wednesday when two offshore projects started up, adding a total of 60,000 barrels per day to national output, the country's national oil and gas agency ANPG said.Sub-Saharan Africa&#...Reuters
Wed, Jul 23
Russian attack knocked out power to 220,000 consumers, Ukraine's Zelenskiy says
KYIV, July 23 (Reuters) - A Russian drone strike on an energy facility in the Sumy region in northern Ukraine caused power cuts for 220,000 consumers, President Volodymyr Zelenskiy said."Repair work in Sumy region has been going on all day today after the Russian drone strike," he wrote on T...Reuters
Wed, Jul 23
METALS-Copper edges up to two-week peak on hopes for trade deals
By Eric Onstad LONDON, July 23 (Reuters) - Copper prices touched their highest in over two weeks on Wednesday as a U.S.-Japan trade deal boosted sentiment, although gains were capped over concern about surpluses and rising inventories.Three-month copper CMCU3 on the London Metal Exchange was litt...Reuters
Wed, Jul 23
Gold rally pauses as US-Japan deal offers temporary relief, Fed pressure and EU risks linger
Gold (XAU/USD is undergoing a modest pullback on Wednesday, as markets assess the implications of a United States (US)–Japan trade agreement and remain cautious ahead of further developments in the European Union (EU)–US negotiations.
Fxstreet
Wed, Jul 23
