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EXCLUSIVE-China magnet pinch threatens car production, automakers warn
US automakers warn of rare-earth magnet shortageChina controls over 90% of global magnet processing capacityChina's export restrictions impact global auto productionBy David Shepardson WASHINGTON, May 30 (Reuters) - U.S. auto executives are sounding the alarm on an impending shortage of rare-...Reuters
Fri, May 30
Cheniere Energy says maintenance work begun on Sabine Pass LNG plant
By Curtis WilliamsHOUSTON, May 30 (Reuters) - Cheniere Energy LNG.N said on Friday it has begun annual maintenance work on its liquefied natural gas plant in Sabine Pass, Texas, the largest U.S. LNG plant. Sabine Pass has annual capacity of 30 million metric tonnes per annum (mtpa) and has played a ...Reuters
Fri, May 30
US court extends deadline for improved bids in Citgo parent's auction
HOUSTON, May 30 (Reuters) - A Delaware judge has extended a deadline to submit improved bids in a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to June 18, a filing showed on Friday, giving more time for bidders to participate.Companies taking part in the...Reuters
Fri, May 30
US axes 24 clean energy projects, including at Exxon's Baytown
Project on greening industry were funded during Biden presidencyTrump administration: cuts will save $3.7 billionGreen group: risks $4.6 billion loss in economic outputBy Timothy GardnerWASHINGTON, May 30 (Reuters) - The U.S. has axed awards to 24 green energy projects issued during President Joe Bi...Reuters
Fri, May 30
CBOT corn falls on benign weather in central US
CHICAGO, May 30 (Reuters) - Chicago Board of Trade corn futures dipped on Friday on beneficial weather in the central U.S. and ample South American supplies, according to analysts. CBOT July corn CN25 settled down 3 cents at $4.44 a bushel. For the week, July corn CN25 fell 3.32%. The U.S. Departmen...Reuters
Fri, May 30
US ethane exports to China hit new road block with license requirement
Two VLGCs wait to load ethane for China -Kpler, LSEG13 tankers due to load ethane for China in June -KplerEnterprise warns its ethane, butane exports to China could fallBy Siyi Liu, Arathy Somasekhar SINGAPORE/HOUSTON, May 30 (Reuters) - U.S. exporters face potential disruption to their shipments...Reuters
Fri, May 30
Trump's threat to destroy Iran nuclear sites a clear red line - Fars News
DUBAI, May 30 (Reuters) - U.S. President Donald Trump's threat to destroy Iran's nuclear facilities is a clear red line and will have severe consequences, the semi-official Fars News Agency reported on Friday."If U.S. seeks a diplomatic solution, it must abandon the language of threats a...Reuters
Fri, May 30
US natgas prices slide 2% on higher output, lower flows to LNG export plants
Trump license on ethane exports to China to boost US gas suppliesUS LNG export feedgas down in May after hitting record in AprilUS gas storage about 4% over the five-year normalBy Scott DiSavino May 30 (Reuters) - U.S. natural gas futures slid about 2% on Friday on higher than expected output and...Reuters
Fri, May 30
PRECIOUS-Gold ticks lower, markets digest tariff developments
Trump's tariffs to remain in effect after court grants stayU.S. dollar up 0.1% Gold wedding purchases in India cool By Ashitha Shivaprasad May 30 (Reuters) - Gold prices slipped on Friday as the dollar edged higher and markets digested the latest tariff developments, while a softer inflation ...Reuters
Fri, May 30
Nigeria's Dangote oil refinery extends WTI buying spree into July
By Robert Harvey, Shariq Khan and Isaac Anyaogu LONDON, May 30 (Reuters) - Nigeria's Dangote oil refinery will import at least five million barrels of U.S. WTI crude oil in July, three trading sources told Reuters, extending its buying spree after a potential record tally for June.The giant n...Reuters
Fri, May 30
REFILE-Iran says Trump's threat to destroy nuclear facilities is a clear red line -Fars News
May 30 (Reuters) - Iran said U.S. President Donald Trump's threat to destroy Iran's nuclear facilities is a clear red line and will have severe consequences, the semi-official Fars News Agency reported on Friday."If U.S. seeks a diplomatic solution, it must abandon the language of threat...Reuters
Fri, May 30
India extends duty-free yellow pea imports to March 2026
MUMBAI, May 30 (Reuters) - India has extended permission for duty-free imports of yellow peas until March 31, 2026, according to a government order issued late on Friday.The South Asian nation is the world's biggest importer of yellow peas, which it imports mainly from Canada and Russia.Reuters
Fri, May 30
FACTBOX-Trump's tariffs and threatened trade actions
May 30 (Reuters) - A federal appeals court on Thursday temporarily reinstated U.S. President Donald Trump's most sweeping tariffs, just a day after a trade court ruled that Trump had overstepped his authority in imposing the duties and ordered an immediate block on them.The trade court ruling wo...Reuters
Fri, May 30
GRAINS-Wheat seesaws in choppy trade, corn and beans fall
Wheat choppy on crop conditions, weatherCorn and soybeans pressured by beneficial weatherSoybeans fall on biofuel policy uncertaintyBy Renee Hickman CHICAGO, May 30 (Reuters) - Chicago wheat traded both sides of unchanged on Friday as the U.S. dollar showed some signs of weakness and there was go...Reuters
Fri, May 30
Cheniere Energy begins maintenance work on Sabine Pass LNG plant, company confirms
HOUSTON, May 30 (Reuters) - Annual maintenance work on the largest U.S. LNG plant, Sabine Pass, has begun, Cheniere Energy LNG.N said.The annual maintenance work is expected to reduce U.S. output of LNG for the next few weeks.Reuters
Fri, May 30
Brazil wind power company gets OK for data center project with TikTok interest
By Leticia Fucuchima SAO PAULO, May 30 (Reuters) - Wind farm developer Casa dos Ventos has regulatory approval to move ahead with a 300-megawatt project in northeast Brazil where the company has been discussing a major data center investment with the owner of TikTok.Brazil's national power gr...Reuters
Fri, May 30
COLUMN-US ethanol output eases off record pace as summer travels heat up: Braun
By Karen BraunNAPERVILLE, Illinois, May 30 (Reuters) - Record volumes of U.S. ethanol have been churned out since late last year, largely due to an uptick in exports and steady domestic demand.But output has slipped from those record levels over the last couple of weeks, coinciding with the ramp-up ...Reuters
Fri, May 30
US regulators approve some construction at Venture Global's CP2 LNG plant
HOUSTON, May 30 (Reuters) - U.S. regulators gave Venture Global VG.N permission on Friday to proceed with some construction activities at its proposed CP2 LNG facility in Louisiana, according to a Federal Energy Regulatory Commission document. Venture Global is proposing to build a 20 million m...Reuters
Fri, May 30
EXCLUSIVE-West plans to push IAEA board to find Iran in breach of duties, diplomats say
'Comprehensive' IAEA report imminent, likely to be damningUS preparing new resolution to submit with UK, France, GermanyText will declare Iran in non-compliance, diplomats sayCould trigger Iran being reported to U.N. Security CouncilTehran bristles at rebukes, says its nuclear programme peac...Reuters
Fri, May 30
US crude oil output hit record high in March, while demand fell, says EIA
May 30 (Reuters) - U.S. crude oil output rose to a monthly record high in March, while demand for oil products declined to the lowest in a year, the U.S. Energy Information Administration said in its Petroleum Supply Monthly report on Friday.U.S. crude oil output rose to 13.49 million barrels per da...Reuters
Fri, May 30
