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PRECIOUS-Weaker dollar, geopolitical uncertainty push gold to one-week high
U.S. dollar down 0.6%US economic woes linger despite China trade truce – pollPalladium and platinum trade above $1,000/oz markBy Sarah Qureshi May 21 (Reuters) - Gold prices rose for a third straight session on Wednesday and hit a one-week high, helped by a softer dollar and safe-haven demand ami...Reuters
Wed, May 21
ICA declares “significant event” for New South Wales flooding
By Ryan HewlettMay 21 - (The Insurer) - The Insurance Council of Australia (ICA) has declared a “significant event” for the Mid North Coast and Hunter regions of New South Wales impacted by significant rainfall and flooding in recent days.The impact of this recent flooding has been felt most signifi...Reuters
Wed, May 21
Vinci Sells Its 50% Stake In Mantiqueira High-Voltage Power Line In Brazil
May 21 (Reuters) - Vinci SA SGEF.PA:SELLS ITS 50% STAKE IN THE MANTIQUEIRA HIGH-VOLTAGE POWER LINE IN BRAZILDEAL FOR AROUND EUR 130 MILLIONPURCHASER IS CANADIAN INFRASTRUCTURE FUND BROOKFIELDOPERATION AND MAINTENANCE OF THIS LINE WILL CONTINUE TO BE CARRIED OUT BY COBRA ISReuters
Wed, May 21
BHP and Lundin-controlled copper projects in Argentina expected to start production in 2030
BUENOS AIRES, May 21 (Reuters) - Miner Vicuna Corp, controlled by Australia's BHP BHP.AX and Canada's Lundin Mining LUN.TO, expects two copper projects in Argentina to start production in 2030, Vicuna's country head Jose Morea told Reuters late on Tuesday.Reuters
Wed, May 21
REFILE-Starwind names Jenks new JH Blades leader following Martin’s retirement
By Chris MunroMay 21 - (The Insurer) - Starwind Specialty Insurance Services has named Graham Jenks as the new leader of its marine and energy-focused MGU JH Blades, with the appointment coming in the wake of longtime chief Richard Martin’s retirement.The leadership transition was effective March 1,...Reuters
Wed, May 21
Brazil's Tocantins rules out highly pathogenic avian influenza in commercial flock
SAO PAULO, May 21 (Reuters) - Brazil's state of Tocantins has ruled out the occurrence of highly pathogenic avian influenza, known as bird flu, in a local commercial farm citing preliminary test results, according to a statement sent to Reuters on Wednesday.Adapec, as the state's farm agency...Reuters
Wed, May 21
Silver Price Forecast: XAG/USD extends upside to near $33.20 on US credit downgrade
Silver price (XAG/USD) hits a fresh weekly high to near $33.20 during North American trading hours on Wednesday. The white metal strengthens as the US Dollar (USD) extends its downside on the United States (US) credit rating erosion in the wake of large debt levels and escalated fiscal imbalances.
Fxstreet
Wed, May 21
US distillate fuel demand fell last week to lowest since April 2024
NEW YORK, May 21 (Reuters) - U.S. four-week average demand for distillate fuel oil, which includes diesel and heating oil, fell to about 3.6 million bpd in the week ended May 16, the lowest since April 2024, data from the Energy Information Administration showed.Product supplied of distillate fuels,...Reuters
Wed, May 21
US regulator approves Freeport LNG’s restart of Phase 3 facilities
May 21 (Reuters) - U.S. liquefied natural gas company Freeport LNG on Wednesday received approval from the Federal Energy Regulatory Commission to restart operations at its Phase 3 facilities in Texas.The authorization includes LNG Tank 3 and its associated piping at one of the country’s major LNG ...Reuters
Wed, May 21
REFILE-Canadian telecom firm Bell's services down for tens of thousands of users, Downdetector shows
May 21 (Reuters) - Canadian telecom firm BCE's BCE.TO Bell was down for tens of thousands of users in the country on Wednesday, according to outage tracking website Downdetector.com.There were more than 92,000 incidents of people reporting issues with the chatbot as of 9:51 a.m. ET, Downdetector...Reuters
Wed, May 21
Estimated 6 billion barrel shale oil reserve in southeast Turkey, minister says
Continental Resources estimates 6.1 bln barrels in Diyarbakir Basin-minister saysTurkey aims to reduce imports, boost energy security with domestic resourcesTurkey's 2024 crude production was 127,000 bpd, imports nearly 1 million bpdBy Nevzat Devranoglu SIRNAK, Turkey, May 21 (Reuters) - U.S....Reuters
Wed, May 21
US natgas prices ease on smaller-than-expected decline in output
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 3% over five-year normalBy Scott DiSavino May 21 (Reuters) - U.S. natural gas futures fell around 1% on Wednesday on a smaller than previously expected decline in daily output so far this mont...Reuters
Wed, May 21
U.S. nuclear power plant outages
May 21 (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
Wed, May 21
CBOT Trends-Wheat up 4-7 cents, corn up 2-4, soybeans up 7-9
CHICAGO, May 21 (Reuters) - The 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. CDT (1330 GMT) on Wednesday. WHEAT - Up 4 to 7 cents per bushelCBOT wheat futures higher for a third straight day on short-covering and t...Reuters
Wed, May 21
PRECIOUS-Gold at highest in more than a week on soft dollar
Dollar slips to its lowest level since May 7Palladium hits over three-month highBy Brijesh Patel May 21 (Reuters) - Gold prices rose to their highest in more than a week on Wednesday, supported by a weaker dollar and safe-haven demand as U.S. President Donald Trump failed to convince Republican h...Reuters
Wed, May 21
Ecopetrol S.A. signs an agreement to acquire a portfolio of up to 1,300 MW of solar and wind energy projects in Colombia
May 21 (Reuters) - Ecopetrol SA ECO.CN:ECOPETROL S.A. SIGNS AN AGREEMENT TO ACQUIRE A PORTFOLIO OF UP TO 1,300 MEGAWATS OF SOLAR AND WIND ENERGY PROJECTS IN COLOMBIAECOPETROL S.A. SIGNS AN AGREEMENT TO ACQUIRE A PORTFOLIO OF UP TO 1,300 MEGAWATS OF SOLAR AND WIND ENERGY PROJECTS IN COLOMBIAReuters
Wed, May 21
Ferrovial highway revenue boosted by pre-tariff US traffic
By Corina Pons MADRID, May 21 (Reuters) - Motorway and airports operator Ferrovial had a surprise first-quarter revenue bump from freight traffic on toll roads in the United States and Canada, probably related to imports in anticipation of sweeping U.S. tariffs, its CFO told Reuters.The Spanish c...Reuters
Wed, May 21
Tunisian olive oil export revenues fell by 29 in the first half of this season
TUNIS, May 21 (Reuters) - Tunisia's olive oil export revenues dropped by 29% in the first half of this season, the state Agricultural Observatory said on Wednesday, citing a sharp decline in global prices.The observatory added that international olive oil prices have fallen by about 49%, signifi...Reuters
Wed, May 21
