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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
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 drillers cut oil and gas rigs to lowest since November 2021, Baker Hughes says
By Scott DiSavino May 30 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row to the lowest since November 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.It was the first time since Sept...Reuters
Fri, May 30
Gold price falls below $3,300 on strong US Dollar as Trump reignites China tensions
Gold price slumped on Friday as the US Dollar recovered some ground despite witnessing a drop in US Treasury bond yields following a strong inflation report, which keeps traders hopeful that the US Federal Reserve (Fed) will ease policy in 2025. XAU/USD trades at $3,289, down 0.83%.
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Fri, May 30
Sale of bankrupt Brazil soy crusher's assets under legal threat
By Ana Mano SAO PAULO, May 30 (Reuters) - A legal dispute over control of bankrupt Brazilian soy processor Imcopa is threatening to derail a court-run auction for two crushing plants in southern Brazil that had previously drawn interest from major traders Bunge BG.N and Cargill.R2C Investimentos,...Reuters
Fri, May 30
US drillers cut oil and gas rigs to lowest since November 2021 -Baker Hughes
By Scott DiSavino May 30 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a fifth week in a row, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday. It was the lowest total since November 2021.It was the first time...Reuters
Fri, May 30
EU wheat stuck near contract lows
PARIS, May 30 (Reuters) - Euronext wheat prices edged down on Friday to trade near contract lows as further signs of Russian export competition reinforced a bearish mood fuelled this week by improving global supply prospects.September milling wheat BL2U5, the most active position on Paris-based Euro...Reuters
Fri, May 30
Brazil power co gets OK for data center project with TikTok interest
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 grid operator (ONS) gave t...Reuters
Fri, May 30
US regulators greenlight some construction at Venture Global's CP2 LNG plant, document shows
HOUSTON, May 30 (Reuters) - Federal regulators on Friday gave Venture Global VG.N permission to proceed with some construction activities at its proposed CP2 LNG facility in Louisiana, document shows.The permission follows FERC's greenlighting of the plant's construction earlier this week.Reuters
Fri, May 30
