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Dorian LPG Ltd expected to post earnings of 75 cents a share - Earnings Preview
Dorian LPG Ltd LPG.N, LPG is expected to show a fall in quarterly revenue when it reports results on May 22 for the period ending March 31 2025The Stamford Connecticut-based company is expected to report a 31.4% decrease in revenue to $97.005 million from $141.39 million a year ago, according to t...Reuters
Tue, May 20
GRAINS-Wheat extends gains as crop rating drop spurs short-covering
CANBERRA/PARIS, May 20 (Reuters) - Chicago wheat futures rose on Tuesday to a near two-week high as a weaker dollar and unexpected decline in U.S. crop ratings encouraged more short-covering after prices hit a five-year low last week.Corn futures tracked wheat higher while soybeans were almost uncha...Reuters
Tue, May 20
Marine market on watch after Russia detains tanker
By Michael Jones May 20 - (The Insurer) - Marine insurers are monitoring developments in the Baltic Sea after Russian authorities detained a Greek-owned oil tanker on Sunday, three senior market sources told The Insurer.Russia detained the Liberia-flagged Green Admire as it was leaving the Estoni...Reuters
Tue, May 20
PRESS DIGEST-Canada - May 20
May 20 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Canada Post says it has received strike notices from its union, putting roughly 55,000 postal workers on track to ...Reuters
Tue, May 20
India's Hindalco beats quarterly profit estimates on surging commodity prices
By Manvi PantMay 20 (Reuters) - Hindalco Industries HALC.NS, one of India's largest copper and aluminium producers, reported fourth-quarter profit above analysts' estimates on Tuesday, driven by a surge in commodity prices.Consolidated net profit for the Aditya Birla Group-owned firm rose to...Reuters
Tue, May 20
PRECIOUS-Gold holds firm as investors await more details on US tariff policy
Trump says Russia-Ukraine to start immediate talks on ceasefireSeveral Fed officials scheduled to speak later in the dayBy Brijesh Patel May 20 (Reuters) - Gold prices eked out gains on Tuesday, buoyed by a lower dollar, while investors cautiously turned their attention to further developments in...Reuters
Tue, May 20
U.S. nuclear power plant outages
May 20 (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
Tue, May 20
Chevron seeks big oil and gas blocks in Indonesia, regulator says
TANGERANG, Indonesia, May 20 (Reuters) - U.S. oil major Chevron CVX.N is interested in exploring and developing oil and gas assets in Indonesia with sizable reserves, Djoko Siswanto, chairman of its upstream oil and gas regulator SKK Migas, said on Tuesday.Chevron is seeking blocks with potential re...Reuters
Tue, May 20
Shell CEO says bar for M&A is very high when asked about BP
LONDON, May 20 (Reuters) - Shell SHEL.L CEO Wael Sawan said on Tuesday that the bar for acquisitions is very high in response to a question from a shareholder at its annual general meeting on how well rival BP BP.L would fit with its assets. He added this was especially true given that Shell'...Reuters
Tue, May 20
US shale to plateau if oil stays in current range, ConocoPhillips CEO says
Forecasters trimming expectations for U.S. shale output after prices fallUS crude production could decline if prices in $50s, Conoco chief saysOil below $60 means lower investment, unmet power needs, Qatar's Kaabi saysBy Andrew Mills DOHA, May 20 (Reuters) - U.S. shale oil output will flatten...Reuters
Tue, May 20
EU wants to propose lowering the price cap for Russian Oil – Commerzbank
According to a Reuters report, the EU intends to propose lowering the price cap for Russian Oil from $60 to $50 per barrel at the meeting of G7 finance ministers, Commerzbank's commodity analyst Barbara Lambrecht notes.Fxstreet
Tue, May 20
US-led peace talks could boost Rwandan processing of Congo minerals, sources say
Congolese minerals could be processed in Rwanda, sources sayEastern Congo rich in tin, tantalum and tungstenCongo, U.N., US have accused Rwanda of exploiting Congolese mineralsBy Sonia Rolley and Daphne Psaledakis May 19 (Reuters) - Congolese minerals such as tungsten, tantalum and tin, which Kin...Reuters
Tue, May 20
BREAKINGVIEWS-AI power demand is generating hallucinations
By Robert Cyran NEW YORK, May 20 (Reuters Breakingviews) - A sprawling global network of silicon has sprung up to power artificial intelligence. Housed within data centers, these chips demand vast sums of electricity to crunch the numbers behind the likes of ChatGPT. Yet both technology giants an...Reuters
Tue, May 20
Battery maker Clarios views sites for $1 bln critical minerals plant in US
May 20 (Reuters) - Clarios, a battery maker owned by global investment firm Brookfield, is scouting locations for an up to $1 billion critical minerals processing and recovery plant in the U.S. and sites in three states are in contention, it said on Tuesday.The plan, enabled by recent executive orde...Reuters
Tue, May 20
