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US crude production hits record high for second week in a row, EIA says
NEW YORK, Nov 5 (Reuters) - U.S. field production of crude oil rose to a record high for a second week in a row last week, the U.S. Energy Information Administration (EIA) said in its weekly Petroleum Status Report on Wednesday.EIA said output reached 13.651 million barrels per day (bpd) during the ...Reuters
Wed, Nov 5
LNG flows to Italy rise 38.5% in first nine months, Snam slide shows
Nov 5 (Reuters) - Snam SpA SRG.MI tells in slides before conference call:SNAM : 165 LNG CARGOES ARRIVED IN ITALY IN FIRST NINE MONTHS, AROUND HALF FROM U.S. - SLIDESNAM : HAS SEEN RISE IN GAS EXPORT FROM ITALY TO AUSTRIA IN FIRST 9 MONTHS - SLIDESNAM : LNG FLOWS TO ITALY IN FIRST 9 MONTHS UP 38.5% ...Reuters
Wed, Nov 5
Bulgaria drafts law to help sale of US-sanctioned Russian-owned oil refinery, report says
SOFIA, Nov 5 (Reuters) - Bulgaria's ruling party plans to propose legislation to enable a special manager, if appointed, to oversee the sale of the Burgas oil refinery, owned by U.S. sanctioned Russian oil company Lukoil, local media reported on WednesdayThe draft document, seen and reported by ...Reuters
Wed, Nov 5
African Rainbow Minerals Says Beeshoek Iron Ore Mine To Be Placed On Care And Maintenance
Nov 5 (Reuters) - African Rainbow Minerals Ltd ARIJ.J:JSE: ARI - OPERATIONAL UPDATE: BEESHOEK IRON ORE MINE TO BE PLACED ON CARE AND MAINTENANCEAFRICAN RAINBOW MINERALS - MINING OPERATIONS AT BEESHOEK MINE CEASED OCTOBER 2025 ENDAFRICAN RAINBOW MINERALS - 622 WORKERS TO BE RETRENCHED EFFECTIVE 30 NO...Reuters
Wed, Nov 5
US natural gas futures dip 1% on record output, mild weather forecasts
Gas output hits record highs, storage levels above averageWaha Hub prices remain in negative territory due to pipeline constraintsMild weather forecast to limit heating demand through mid-NovemberBy Scott DiSavino Nov 5 (Reuters) - U.S. natural gas futures eased about 1% on Wednesday on record ou...Reuters
Wed, Nov 5
US eager to advance energy ties with Greece, new ambassador says
ATHENS, Nov 5 (Reuters) - The United States is eager to advance energy ties with Greece and see the country become a key energy gateway to Europe, the new U.S. ambassador to the country, Kimberly Guilfoyle, said on Wednesday. Greece has ramped up purchases of U.S. liquefied natural gas and built a s...Reuters
Wed, Nov 5
REFILE-CBOT Trends-Wheat down 2-4 cents, soybeans up 2-4 cents, corn steady
CHICAGO, Nov 5 (Reuters) - 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. CST (1430 GMT) on Wednesday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Down 2 to 4 cen...Reuters
Wed, Nov 5
PRECIOUS-Gold gains on risk aversion despite strong US payrolls data
U.S. October private payrolls rise by 42,000Equities down on concerns of stretched valuationTraders see 70% chance of U.S. interest rate cut in DecemberBy Noel John Nov 5 (Reuters) - Gold prices rose over 1% on Wednesday, lifted by investors avoiding risky assets despite stronger-than-expected pr...Reuters
Wed, Nov 5
Serbia's president says Russia seeking partner for US-sanctioned NIS oil firm
BELGRADE, Nov 5 (Reuters) - Russia is seeking partners for U.S.-sanctioned Serbia-based oil company NIS NIIS.BEL in a bid to resolve a stand-off with the United States over its Russian ownership, Serbia's President Aleksandar Vucic said on Wednesday. NIS, which operates Serbia's sole refiner...Reuters
Wed, Nov 5
CORRECTED-Aurora Cannabis Q2 revenue beats estimates on 15% medical cannabis growth
OverviewAurora fiscal Q2 2026 revenue beats analyst expectations due to 15% growth in medical cannabisAdjusted EBITDA for fiscal Q2 2026 grows 52% to C$15.4 mlnCompany maintains strong balance sheet with C$141.9 mln cash, debt-free cannabis businessOutlookAurora expects Q3 2026 net revenue to grow, ...Reuters
Wed, Nov 5
WRAPUP 1-Offshore wind leaders urge European policy fixes as Trump freezes US permits
Offshore wind capacity seen up 20-25% annually until 2030Terms of European offshore wind auctions improving, firms sayFaster permitting, better auction designs, grid expansion neededVestas Q3 operating profit 416 million euros, beats forecastOrsted swings to $265 million net loss in Q3By Stine Jacob...Reuters
Wed, Nov 5
China's foreign minister calls for negotiations on Iran nuclear issue
BEIJING, Nov 5 (Reuters) - China hopes various parties can maintain communications on the Iran nuclear issue and resume dialogue and negotiation, Foreign Minister Wang Yi said on Wednesday during a call with his Iranian counterpart, Abbas Araqchi."The current political process for resolving the ...Reuters
Wed, Nov 5
EU lawmakers challenge EU budget plan over farming, regional aid
Parliament wants separate financing for farming and regional aidCommission proposes merging funds for budget flexibilityParliament fears re-nationalization harms single market, fair competitionBRUSSELS, Nov 5 (Reuters) - The European Parliament wants the European Commission to amend its proposal for...Reuters
Wed, Nov 5
Sempra tops quarterly profit estimates on Texas investments; California units target savings
Nov 5 (Reuters) - Energy infrastructure firm Sempra SRE.N beat third-quarter profit estimates on Wednesday, driven by growing investments at its Texas utility, while California units moved to streamline operations and improve efficiency amid regulatory changes.Shares of the company rose 2% in premar...Reuters
Wed, Nov 5
Automotive protective film provider Xpel beats Q3 revenue estimates
OverviewXpel Q3 revenue grows 11.1% to $125.4 mln, beating analyst expectationsEBITDA for Q3 decreases 8.1% to $19.9 mlnCompany plans $75-150 mln investment in manufacturing and supply chainOutlookXPEL expects Q4 2025 revenue between $123 mln and $125 mlnXPEL plans $75 mln to $150 mln investment in ...Reuters
Wed, Nov 5
EuroHoldings Ltd. Announces Agreement to Acquire one 49,997 DWT Product Tanker Vessel, M/T Hellas Avatar, built in 2015
Nov 5 (Reuters) - Euroholdings Ltd EHLD.O:EUROHOLDINGS LTD. ANNOUNCES AGREEMENT TO ACQUIRE ONE 49,997 DWT PRODUCT TANKER VESSEL, M/T HELLAS AVATAR, BUILT IN 2015EUROHOLDINGS LTD - VESSEL PURCHASED FOR $31.83 MILLION, DELIVERY EXPECTED MID-NOVEMBERReuters
Wed, Nov 5
Utility PPL Corp beats quarterly profit estimates on robust sales volume
Nov 5 (Reuters) - PPL Corp PPL.N beat third-quarter adjusted profit estimates on Wednesday, as the utility was helped by higher sales volume on the back of warmer weather conditions in its service areas. Higher temperatures have prompted consumers to increase their usage of air conditioners during p...Reuters
Wed, Nov 5
Serbia's Vucic says Russia seeking partner for US-sanctioned NIS oil firm
BELGRADE, Nov 5 - Russia is seeking a partner for U.S.-sanctioned Serbia-based NIS NIIS.BEL oil company, Serbia's President Aleksandar Vucic said on Wednesday. In remarks carried by local broadcaster Informer TV, Vucic also said he will have "important meetings" in the next two days with...Reuters
Wed, Nov 5
Ardmore Shipping Q3 revenue, profit beat estimates on fleet expansion
OverviewArdmore Q3 2025 revenue of $81.2 mln beats analyst expectationsAdjusted net income for Q3 2025 beats estimates at $12.6 mlnCompany completed acquisition of three Korean-built MR tankers for $103.9 mlnOutlookArdmore expects 4Q 2025 MR tanker TCE rate at $24,900 per dayCompany anticipates 4Q 2...Reuters
Wed, Nov 5
