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Suspected oil spill seen on satellite images near Iran's Kharg Island export hub
By Aaron McNicholas and Catherine Cartier LONDON, May 8 (Reuters) - A suspected oil spill covering dozens of square kilometres of sea near Iran's main oil hub of Kharg Island has been seen on satellite imagery this week.The likely spill - appearing on images as a grey and white slick - covere...Reuters
Fri, May 8
CBOT Trends-Wheat up 1-2 cents, corn down about 1 cent, soy up 5-6 cents
CHICAGO, May 8 (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 Friday: WHEAT - Up 1 to 2 cents per bushelCBOT wheat Wv1 firmed in early moves, consolidating after a three-session slid...Reuters
Fri, May 8
Two Singaporean residents test negative for hantavirus after deadly cruise outbreak
May 8 (Reuters) - Two Singaporean residents who were onboard a cruise ship linked to a deadly hantavirus outbreak have tested negative for the virus, the Communicable Diseases Agency (CDA) said on Friday. The CDA's National Public Health Laboratory conducted testing on multiple samples ...Reuters
Fri, May 8
US natural gas futures rise as output drops, demand set to climb
US gas output declines as firms cut production due to low spot pricesWarmer weather boosts demand for gas-fired power, expected to help reduce storage surplus to 6%LNG export flows and next-day gas prices fall from recent highs; market remains volatileBy Scott DiSavino NEW YORK, May 8 (Reuters) -...Reuters
Fri, May 8
RPT-ROI-Asia exports of refined fuels plunge amid Hormuz closure: Russell
By Clyde Russell LAUNCESTON, Australia, May 7 (Reuters) - While prices for crude oil futures have surged and slumped in line with the latest headlines about the war between the United States and Iran, the impact of the crisis in physical markets for refined fuels has been worsening.Another hint o...Reuters
Fri, May 8
Russia says Israeli firm caved in to Ukrainian pressure over disputed grain
MOSCOW, May 8 (Reuters) - Russia accused Israeli authorities on Friday of caving in to pressure from Ukraine in a dispute over a consignment of grain that was turned away from an Israeli port last month.Ukraine says the grain in question was stolen by Russia from regions of Ukraine that Moscow's...Reuters
Fri, May 8
PPL beats quarterly estimates on stronger rates at Kentucky utility
Electric utility PPL Corp PPL.N narrowly beat Wall Street estimates for first-quarter adjusted profit on Friday, helped by higher retail rates at its Kentucky regulated segment.U.S. utilities are pushing to raise electricity rates to pay for infrastructure upgrades, raising concerns over inflated bi...Reuters
Fri, May 8
EU tells airlines: no obstacles to careful use of Jet A fuel
May 8 (Reuters) - The European Union told airports and airlines in the region on Friday that they can swap certain jet fuel grades to avert a supply crunch due to the war in Iran, as long as precautions are taken. The EU Commission cleared airlines' use of Jet A fuel, commonly f...Reuters
Fri, May 8
Russia says radiation levels are normal after fires near Chornobyl
MOSCOW, May 8 (Reuters) - Russia said on Friday that it was carrying out enhanced radiation monitoring after fires in the exclusion zone around the Chornobyl nuclear power plant in Ukraine but that there was no excess radiation."The radiation situation in the Russian Federation remains stable,&#...Reuters
Fri, May 8
Poland signs first loan deal as part of EU defence spending push
WARSAW, May 8 (Reuters) - Poland has signed its loan agreement under a European Union defence financing programme, securing 43.7 billion euros to strengthen its military as the bloc steps up efforts to boost security amid heightened geopolitical risks.The deal makes Poland the first EU country to ta...Reuters
Fri, May 8
Russia says it regrets decision of Israeli company to refrain from purchasing Russian grain
MOSCOW, May 8 (Reuters) - Russia regrets a decision by an Israeli company to refrain from purchasing Russian grain, the foreign ministry said on Friday.The decision is counter to the Israeli authorities' commitment to maintaining Russian-Israeli economic cooperation, the ministry said.A vessel c...Reuters
Fri, May 8
Global Partners Q1 net income surges on wholesale segment strength
OverviewUS liquid energy terminal operator's Q1 sales rose yr/yrNet income and gross profit increased sharply from prior yearCompany cites solid execution and favorable wholesale market conditions for improved resultsOutlookCompany did not provide specific guidance for the current quarter or ful...Reuters
Fri, May 8
US forces prevent over 70 tankers from entering, leaving Iranian ports
May 8 (Reuters) - The United States Central Command (CENTCOM) said that more than 70 tankers were being prevented from entering or leaving Iranian ports on Friday. "These commercial ships have the capacity to transport over 166 million barrels of Iranian oil worth an estimated $13 billion-plus,&...Reuters
Fri, May 8
NORDIC POWER-Forward contracts head for third weekly gain on drier forecasts, European energy prices
May 8 (Reuters) - Nordic forward power contracts rose on Friday and were on track for third straight weekly gains, buoyed by drier weather forecasts, low water reserves and rising European energy prices.The Nordic front-quarter baseload power contract NSBLQc1 rose 2.80 euros or 5.2% to 57 euros per ...Reuters
Fri, May 8
Gold holds firm ahead of US NFP report as Middle East tensions remain in focus
Gold (XAU/USD) holds firm on Friday but lacks upside momentum as traders refrain from placing aggressive directional bets ahead of the US Employment data while keeping a close eye on geopolitical developments in the Middle East.Fxstreet
Fri, May 8
GRAINS-Wheat, soybeans rise as crude oil firms, US drought in focus
Firmer crude oil, concern about renewed Iran fighting supportsConcern about lack of rain in dry US wheat beltsBy Michael Hogan HAMBURG, May 8 (Reuters) - Chicago wheat and soybeans futures firmed on Friday as crude oil resumed its rise on renewed fighting between the U.S. and Iran, while continue...Reuters
Fri, May 8
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