News
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Oil slips as Russia supply concerns ease after Trump-Putin meet
SINGAPORE, Aug 18 (Reuters) - Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt Moscow's oil exports after presidents from both countries met on Friday.
Reuters
Mon, Aug 18
Russia says it prevented Ukrainian drone attack on Smolensk nuclear power plant
MOSCOW, Aug 17 (Reuters) - Russia's Federal Security Service (FSB) said that it had prevented a Ukrainian drone attack on the Smolensk nuclear power plant in western Russia on Sunday.The Soviet-era Smolensk nuclear power station, about 330 km (200 miles) southwest of Moscow near the border with ...Reuters
Sun, Aug 17
Israel says it targeted energy infrastructure site used by Houthis near Yemeni capital
Aug 17 (Reuters) - The Israeli military said it had targeted an energy infrastructure site that was used by the Iran-aligned Houthis south of the Yemeni capital Sanaa early on Sunday, with Israeli media saying the Haziz power station had been hit.The military said in a statement that the strikes wer...Reuters
Sun, Aug 17
Erin downgraded to Category 3 hurricane, NHC says
By Rishabh Jaiswal, Preetika Parashuraman and Rajveer Pardesi Aug 17 (Reuters) - Erin, the first hurricane of the 2025 Atlantic season, has been downgraded to Category 3, the U.S. National Hurricane Center said early on Sunday, as the storm's wind speed eased slightly.The hurricane was about ...Reuters
Sun, Aug 17
In Michigan’s cherry country, the federal safety net is fraying
Trump's policies impact Michigan cherry farmers' survivalAfter bad weather, USDA forecasts 41% tart cherry crop loss in MichiganVisa delays, ICE fears fuel farm labor shortagesBy P.J. Huffstutter CENTRAL LAKE, MICHIGAN, Aug 16 (Reuters) - The frost came in late April, sliding across the h...Reuters
Sat, Aug 16
Erin becomes a category 2 hurricane, NHC says
Aug 15 (Reuters) - Hurricane Erin has intensified into a category 2 hurricane, the U.S. National Hurricane Center said on Friday.Hurricane Erin is about 250 miles (400 km) east-northeast of Anguilla with maximum sustained winds of 100 mph (160 kmph), the Miami-based forecaster said.The hurricane is ...Reuters
Sat, Aug 16
US Commerce Dept. widens products subject to steel, aluminum tariffs
Aug 15 (Reuters) - The Trump administration on Friday widened the reach of its 50% tariffs on steel and aluminum imports by adding hundreds of derivative products to the list of goods subject to the levies.In a Federal Register notice late on Friday, the Commerce Department said the Bureau of Indust...Reuters
Fri, Aug 15
US Steel's Deadly Clairton Plant Blast Caused By Gas Valve Failure
Aug 15 (Reuters) - Nippon Steel Corp 5401.T:US STEEL: PRELIMINARY INDICATIONS LEAD US TO BELIEVE THAT CLAIRTON EXPLOSION HAPPENED WHEN FLUSHING GAS VALVE, IN PREPARATION FOR PLANNED MAINTENANCEUS STEEL ON CLAIRTON EXPLOSION: REINFORCE THAT INVESTIGATION IS IN EARLY STAGESSource text: [ID:]Reuters
Fri, Aug 15
LIVESTOCK-Cattle rally on tight supplies, rising beef prices
By Karl PlumeCHICAGO, Aug 15 (Reuters) - Chicago Mercantile Exchange cattle futures rallied on Friday on soaring beef prices and tight supplies of cattle as imports from Mexico remain suspended due to the spread of New World screwworm south of the border.The U.S. Department of Agriculture on Friday ...Reuters
Fri, Aug 15
CIF/FOB Gulf Grain-Gulf soy barge bids slump amid sluggish demand
CHICAGO, Aug 15 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals continued to slump on Friday, as a dearth of Chinese buyer demand for U.S. oilseeds weighed on the market, traders said.Gulf basis bids for corn were steady to higher, after a spate of news about U.S. e...Reuters
Fri, Aug 15
CANADA-CRUDE-Discount on Western Canada Select narrows
Aug 15 (Reuters) - The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures CLc1 narrowed on Friday.WCS for September delivery in Hardisty, Alberta, settled at $11.60 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $11...Reuters
Fri, Aug 15
US Steel Says Deadly Explosion Likely Caused By Valve Failure - Bloomberg News
Aug 15 (Reuters) - US STEEL SAYS DEADLY EXPLOSION LIKELY CAUSED BY VALVE FAILURE - BLOOMBERG NEWSUS STEEL SAID FRIDAY FATAL BLAST THAT KILLED 2 WORKERS AT CLAIRTON COKE WORKS FACILITY IN PENNSYLVANIA LIKELY CAUSED BY VALVE FAILURE - BLOOMBERG NEWSSource text: https://tinyurl.com/3eappbc3Reuters
Fri, Aug 15
Transit-tech firm Via reveals revenue gains in US IPO filing
By Arasu Kannagi Basil Aug 15 (Reuters) - Via Transportation's revenue rose 27% in the first half of 2025, the transit-tech firm disclosed on Friday in its U.S. initial public offering paperwork, as it advances plans for a long-sought New York listing.The company posted a net loss of $37.5 mi...Reuters
Fri, Aug 15
US Plains HRW Wheat-Spot basis bids remain steady
CHICAGO, Aug 15 (Reuters) - Spot basis bids for hard red winter wheat stayed flat in the southern U.S. Plains on Friday.The cash market was largely quiet, though hard red winter wheat had a firm tone at the Gulf this week, grain dealers said.K.C. September hard red winter wheat futures KWU25 ended u...Reuters
Fri, Aug 15
US Cash Crude-WTI Midland gains as WTI's discount to Brent widens
Aug 15 (Reuters) - Cash crude differentials for WTI Midland strengthened on Friday as U.S. crude futures' discount to the international benchmark Brent widened to its most since mid-June. West Texas Intermediate crude futures' (WTI) discount to Brent WTCLc1-LCOc1 widened to as much as minus ...Reuters
Fri, Aug 15
Russia decree opens door for Exxon return to Sakhalin-1 project
MOSCOW, Aug 15 (Reuters) - Russian President Vladimir Putin on Friday signed a decree that could allow foreign investors, including top U.S. oil major Exxon Mobil XOM.N, to regain shares in the Sakhalin-1 oil and gas project.The signing of the decree comes on the day Russian president Vladimir Putin...Reuters
Fri, Aug 15
Trump administration unveils stricter subsidy rules for wind, solar projects
Aug 15 (Reuters) - The U.S. Treasury Department on Friday unveiled stricter rules for how solar and wind projects can qualify for federal tax subsidies that President Donald Trump's new tax and spending law is phasing out over the next two years.The revisions change longstanding definitions for ...Reuters
Fri, Aug 15
