News
Important Only
Canadian wheat, canola crops a 'mixed bag,' with rain critical
Mixed crop conditions across Western Canada, from 'terrible' to 'terrific'Durum wheat and lentils face lower yields due to droughtBy Ed White LANGHAM, Saskatchewan, July 17 (Reuters) - Canadian farmers are likely to produce average-size wheat and canola crops this autumn, but year...Reuters
Thu, Jul 17
Japan, EU to explore joint rare earths procurement, Nikkei reports
July 17 (Reuters) - Japan and the European Union will consider joint public-private partnerships as they look to reduce their reliance on China in areas such as the procurement of rare earths, the Nikkei newspaper reported on Thursday. As China, the dominant supplier of rare earths, tightens ...Reuters
Thu, Jul 17
US transport chief on California high-speed rail: 'We have to pull the plug'
WASHINGTON, July 17 (Reuters) - U.S. Transportation Secretary Sean Duffy said he is confident the administration will defeat any lawsuit challenging the department's decision to rescind $4 billion in U.S. government funding for California's High-Speed Rail project."I wish it could have g...Reuters
Thu, Jul 17
Euronext wheat edges up as euro slips
PARIS, July 17 (Reuters) - European wheat futures ticked up on Thursday with support from a lower euro, though weak export prospects and supply pressure from advancing Northern Hemisphere harvests capped prices, traders said.September wheat BL2U5, the most-active position on Euronext's Paris-bas...Reuters
Thu, Jul 17
METALS-Copper rises as better than expected US retail sales lift sentiment
By Polina Devitt LONDON, July 17 (Reuters) - Copper prices rose on Thursday as better than expected U.S. retail sales outweighed rising copper stocks and uncertainty about the U.S. import tariff.Three-month copper CMCU3 on the London Metal Exchange added 0.3% to $9,665.50 a metric ton by 1623 GMT...Reuters
Thu, Jul 17
US solar panel makers seek tariffs on imports from Indonesia, India, Laos
By Nichola Groom July 17 (Reuters) - A group of U.S. solar panel manufacturers asked the Commerce Department on Thursday to impose tariffs on imports from Indonesia, India and Laos, accusing companies there of dumping cheap goods in the market to undercut new American factories.The petition is th...Reuters
Thu, Jul 17
Interior secretary to review all solar, wind energy decisions on federal lands
July 17 (Reuters) - The Trump administration said on Thursday that all decisions related to siting solar and wind energy facilities on federal lands will be reviewed by the office of Interior Secretary Doug Burgum.The elevated reviews are meant to end what the Interior Department said was preferenti...Reuters
Thu, Jul 17
REFILE-ARA gasoil stocks fall by 5%, Insights Global data shows
LONDON, July 17 (Reuters) - Gasoil stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining hub fell by nearly 5% on the week to their lowest since December 2023, data from Dutch consultancy Insights Global showed on Thursday. Gasoil stocks, which also include diesel, stood at 1.7...Reuters
Thu, Jul 17
Europe Gasoline/Naphtha-Gasoline profit margins slip on higher stocks
LONDON, July 17 (Reuters) - Northwest European gasoline profit margins fell by $1.36 a barrel on Thursday as inventories of the motor fuel rose on both sides of the Atlantic. A total of 8,000 metric tons of Eurobob E5 gasoline barges traded, with BP, Trafigura and Exxon Mobil selling to Total...Reuters
Thu, Jul 17
Italian Pecorino producers press to avoid US tariffs
By Guglielmo Mangiapane MONTEROSI, Italy, July 17 (Reuters) - Producers of Pecorino Romano cheese, one of Italy's best known food exports, are lobbying to be spared new U.S. tariffs that could raise consumer prices and take a chunk out of their export market.Gianni Maoddi, president of the C...Reuters
Thu, Jul 17
US FERC grants Freeport LNG's extension request for Train 4 project
July 17 (Reuters) - The U.S. Federal Energy Regulatory Commission has granted Freeport LNG's request for additional extension until December 1, 2031 to complete construction and place the Train 4 Project at its Texas facility into service.Reuters
Thu, Jul 17
Aviva doubles offshore renewable energy capacity
By Rebecca DelaneyJuly 17 - (The Insurer) - Aviva has doubled its offshore renewable energy capacity to 150 million pounds ($200 million) and appointed Roberts Proskovics as head of risk management, renewable energy, the insurer announced on Thursday.The expanded capacity, which has also increased t...Reuters
Thu, Jul 17
EXCLUSIVE-BlackRock-led group set to invest in $10 billion Aramco Jafurah infrastructure deal
Deal is backed by infrastructure, including pipelines, gas processing plant, source saidFirst deal of this kind by Aramco was agreed in 2021Jafurah is potentially biggest shale gas project outside USBy Hadeel Al Sayegh, Sarah McFarlane and Federico Maccioni DUBAI/LONDON, July 17(Reuters) - Saudi ...Reuters
Thu, Jul 17
ARA gasoil stocks fall by 5%, Insights Global data shows
LONDON, July 17 (Reuters) - Gasiol stocks held independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining hub fell by nearly 5% on the week to their lowest since December 2023, data from Dutch consultancy Insights Global showed on Thursday. Gasoil stocks, which also include diesel, stood a...Reuters
Thu, Jul 17
US solar panel makers seek tariffs on imports from Indonesia, India and Laos
July 17 (Reuters) - A group of U.S. solar panel manufacturers asked the Commerce Department to impose anti-dumping and countervailing tariffs on imported goods from Indonesia, India and Laos, according to documents on an agency web site.Reuters
Thu, Jul 17
Kinder Morgan shuts Elba Island LNG plant for maintenance
July 17 (Reuters) - Kinder Morgan KMI.N said on Thursday its Elba Island LNG plant in Georgia is shut down for maintenance.Natural gas flows to the 2.5 million metric tons per annum facility, which one of the smallest in the country, fell to zero, according to data from financial firm LSEG.Kinder Mo...Reuters
Thu, Jul 17
Freeport LNG export plant in Texas on track to return to full power, LSEG data shows
July 17 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Thursday, two days after one of the plant's three liquefaction trains shut, according to a company filing with state regulators and gas flow data from finan...Reuters
Thu, Jul 17
Ukraine plans to restore 3.7 GW of power generation capacity by end of 2025
KYIV, July 17 (Reuters) - Ukraine has restored 2.2 gigawatts of power generation capacity so far in 2025 after it was damaged by Russian air strikes, outgoing energy minister German Galushchenko said on Thursday, adding that the plan was to restore a total of 3.7 GW by the end of the year.Galushchen...Reuters
Thu, Jul 17
US natgas prices edge up to 2-week high on hot weather ahead of storage report
Upcoming - US gas inventory reportNHC downgrades tropical disturbance in Gulf of MexicoLNG outages at Elba in Georgia and Freeport in Texas this weekBy Scott DiSavino July 17 (Reuters) - U.S. natural gas futures edged up about 1% to a two-week high on Thursday as hot weather boosts the amount of ...Reuters
Thu, Jul 17
Swiss June gold exports jump 44% month on month as bullion returns to UK
LONDON, July 17 (Reuters) - Gold exports from Switzerland jumped 44% month on month in June to the highest level since March as bullion flew back to the vaults in the United Kingdom from the United States via Swiss refineries, Swiss customs data showed on Thursday.Reuters
Thu, Jul 17
