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GRAINS-CBOT corn prices slip as weather aids US crops
U.S. weather aids corn, soybeans, wheatA falling dollar supports wheatSouth American harvest pressures cornBy Renee Hickman CHICAGO, May 29 (Reuters) - Chicago corn futures fell on Thursday as beneficial weather patterns moved through growing areas, analysts said. Cheap South American crops al...Reuters
Thu, May 29
US Cash Grains-Spot soybean, corn bids steady as planting continues
CHICAGO, May 29 (Reuters) - Spot soybean and corn basis bids were steady in the U.S. Midwest on Thursday as farmers focused on seeding the remainder of their crop.The corn and soy bid ticked up at an Illinois river terminal. Basis bids were steady elsewhere, spot checks showed.A stronger dollar, whi...Reuters
Thu, May 29
Boeing CEO says company is 'pretty confident' it is ready to increase 737 MAX output
Boeing 'pretty confident' it can increase production of 737 MAX jets to 42 a month After FAA approves output increase, CEO says company has subsequent rate increases in its planBy Dan Catchpole May 29 (Reuters) - Boeing BA.N is "pretty confident" that it can increase production of...Reuters
Thu, May 29
Wartsila bets flexibility key for ethanol power generation in Brazil
Wartsila says running an engine on ethanol will provide needed flexibilityEarlier successful tests for ethanol power in Brazil failed to advance furtherBy Oliver Griffin SAO PAULO, May 29 (Reuters) - Finland's Wartsila WRT1V.HE is betting that a more nimble way to generate power with ethanol ...Reuters
Thu, May 29
Gold surges above $3,300 as US jobs data disappoints, Trump tariffs blocked
Gold price bounced off weekly lows of $3,245 and rose past $3,300 on Thursday, helped by a softer jobs report in the United States (US), while markets cheered a US court decision to block US President Donald Trump’s tariffs. At the time of writing, XAU/USD trades at $3,318 and gains 0.94%.
Fxstreet
Thu, May 29
EU wheat sets contract low as Russia crop outlook improves
LONDON, May 29 (Reuters) - Euronext wheat prices ended little changed on Thursday after earlier setting a contract low as an improving outlook for crops in Russia heightened concerns about slow export demand.September milling wheat BL2U5, the most active position on Paris-based Euronext, settled at ...Reuters
Thu, May 29
CORRECTED-South Africa proposes buying US LNG as seeks trade deal
Trade package was proposed during Ramaphosa's White House visitPackage also includes duty-free proposals for South African-made vehicles and auto partsGovernment website down because of technical issuesBy Wendell Roelf CAPE TOWN, May 26 (Reuters) - South Africa has offered to buy liquefied na...Reuters
Thu, May 29
METALS-Copper steady after US court puts brakes on Trump tariffs
By Ashitha Shivaprasad May 29 (Reuters) - Copper prices steadied on Thursday, lifted by market optimism after a federal court halted President Donald Trump's move to impose sweeping tariffs on imports from most of the United States' trading partners.The Court of International Trade blocke...Reuters
Thu, May 29
US distillate fuel oil stocks fell last week to lowest in two decades, EIA says
NEW YORK, May 29 (Reuters) - U.S. inventories of distillate fuel oil fell by 2.4 million barrels to 223.1 million barrels in the week ended May 23, the lowest since April 2005, data from the Energy Information Administration showed on Thursday.Distillate fuel stocks, which include diesel and heating...Reuters
Thu, May 29
US Supreme Court limits environmental reviews in Utah railway ruling
Utah counties appealed after lower court halted projectRailway is intended to transport crude oilEnvironmental group calls ruling 'disastrous'By Andrew Chung May 29 (Reuters) - The U.S. Supreme Court dealt a setback to environmentalists on Thursday by allowing federal agencies to limit th...Reuters
Thu, May 29
Edison confident of positive outcome in Venture Global LNG arbitration
Edison confident on Venture Global arbitration case outcomeVenture Global says has met all contractual obligations Edison aims to increase its LNG imports from U.S. in futureBy Francesca Landini MILAN, May 29 (Reuters) - Italian utility Edison EDNn.MI is confident of a positive outcome in an arbi...Reuters
Thu, May 29
Europe Gasoline/Naphtha-Gasoline profit margins edge higher
LONDON, May 29 (Reuters) - Northwest European gasoline profit margins rose by 53 cents to $15.25 a barrel on Thursday.A total of 2,000 metric tons of Eurobob E5 barges traded in the Argus window, with Litasco selling to Varo.A further 20,000 tons of Eurobob E10 barges traded, with Shell, Trafigura a...Reuters
Thu, May 29
US crude stocks, gasoline and distillate inventories fall - EIA
By Liz HamptonDENVER, May 29 (Reuters) - U.S. crude, gasoline and distillate inventories fell last week, the Energy Information Administration said on Thursday.Crude inventories fell by 2.8 million barrels to 440.4 million barrels in the week ending May 23, the EIA said, compared with analysts' ...Reuters
Thu, May 29
U.S. nuclear power plant outages
May 29 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total ...Reuters
Thu, May 29
REFILE-NormanMax’s Groenheide: Parametrics' mainstream adoption driven by paid claims, soft market, education
By James ThalerMay 29 - (The Insurer) - Mainstream adoption of parametrics is being driven by a growing volume of claims being paid, as well as increased recognition that the product addresses risks overlooked by the traditional market and better education, according to NormanMax’s Mark Groenheide.G...Reuters
Thu, May 29
Kuwait eyes public-private partnership energy projects to help end power crisis
By Ahmed HagagyKUWAIT CITY, May 29 (Reuters) - Kuwait is hoping that new energy projects involving state and private investors will help the country tackle its power crisis, with one of the contracts due to be awarded within weeks, the acting director general of the Kuwait Authority for Partnership ...Reuters
Thu, May 29
No sign of preparations to restart Zaporizhzhia, IAEA official says
All of plant's six reactors are currently shut downUkraine complained about reports of work towards connecting plant to Russian gridIAEA has said first reactor restart would take months after a ceasefireBy Francois Murphy VIENNA, May 29 (Reuters) - There is no sign Russia is preparing to rest...Reuters
Thu, May 29
India's Bajaj Auto warns China magnet delays will hit EV output by July
By Nandan Mandayam May 29 (Reuters) - Indian automaker Bajaj Auto BAJA.NS on Thursday warned that any further delays in securing the supply of rare earth magnets from China could "seriously impact" electric vehicle production by July.China controls more than 90% of global processing capac...Reuters
Thu, May 29
