News
Important Only
North Sea Crude-Flurry of trade for Forties, WTI Midland
LONDON, May 19 (Reuters) - As many as four U.S. WTI Midland crude cargoes traded in the Platts window on Monday, as well as two cargoes of North Sea Forties. PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at p...Reuters
Mon, May 19
UK agricultural exports to EU could rise by 16% under new deal, official estimates show
LONDON, May 19 (Reuters) - British exports of major agricultural commodities to the European Union could increase by around 16% under Britain's new deal with the trading bloc, government estimates published on Monday showed.The sanitary and phytosanitary deal could increase imports from the Euro...Reuters
Mon, May 19
UK agricultural exports to EU could rise by 16% under new deal, official estimates show
LONDON, May 19 (Reuters) - British exports of major agricultural commodities to the European Union could increase by around 16% under Britain's new deal with the trading bloc, government estimates published on Monday showed.The sanitary and phytosanitary deal could increase imports from the Euro...Reuters
Mon, May 19
GRAINS-CBOT grain futures firm, soybeans dip on choppy day of trading
Corn futures firm despite planting questions in U.S. DeltaWheat futures rise, supported by weaker dollar and export interestSoybean futures dip on technical trading, export concernsBy P.J. Huffstutter CHICAGO, May 19 (Reuters) - Chicago Board of Trade corn futures firmed on Monday in a choppy day...Reuters
Mon, May 19
Berlin, Paris overcome rift over nuclear energy, French official says
BERLIN/PARIS, May 19 (Reuters) - The new German government has signalled to France it will no longer object to treating nuclear power on a par with renewable energy in EU legislation, French officials said, confirming a published report.The EU's two largest economies have long been at loggerhead...Reuters
Mon, May 19
Europe Gasoline/Naphtha-Gasoline margins fall on slow trading
LONDON, May 19 (Reuters) - Northwest European gasoline profit margins fell on Monday by over a dollar to $13.31 a barrel on slower trading activity and higher oil prices. A total of 5,000 metric tons of Eurobob E5 barges traded in the Argus window on Monday, with Trafigura selling barges to Shell an...Reuters
Mon, May 19
Power Up: Blackstone's bet on power
May 19 (Reuters) - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil prices are jumping around to start the week, first trading in negative territory after Moody's downgrade of the U.S. sovereign credit rating and official data out of China showed slowing industrial ou...Reuters
Mon, May 19
US Cash Grains-Corn basis mostly steady-firm on slow farmer sales
CHICAGO, May 19 (Reuters) - Spot corn basis bids were mostly steady to higher at elevators and processing plants around the U.S. Midwest on Monday, supported by slow farmer sales as futures prices remain near recent five-month lows, grain dealers said. Spot soybean basis bids were flat to lower at m...Reuters
Mon, May 19
METALS-Aluminium falls as available stocks jump and Chinese supply rises
By Polina Devitt LONDON, May 19 (Reuters) - Aluminium prices fell on Monday after a jump in available stocks in warehouses registered with the London Metal Exchange (LME) and Chinese data that showed rising output of the metal.Benchmark three-month aluminium CMAL3 on the LME was down 1.5% at $2,4...Reuters
Mon, May 19
Brazil reforestation firm re.green gets fresh financing in deal with BNDES, Bradesco
SAO PAULO, May 19 (Reuters) - Brazilian reforestation startup re.green has obtained 80 million reais ($14.13 million) in financing from state development bank BNDES, it said on Monday, in a deal that also involved lender Bradesco BBDC4.SA as a financial intermediary.The deal is similar to a 160 mill...Reuters
Mon, May 19
UK strikes EU trade and defence reset in 'new era' for relations
Starmer and von der Leyen reach agreement in LondonDeal covers defence, trade and fishVon der Leyen says 'we in Europe stick together'Pro-Brexit Nigel Farage calls it 'abject surrender'By Kate Holton, Andrew MacAskill and Alistair Smout LONDON/BRUSSELS, May 19 (Reuters) - Britain ...Reuters
Mon, May 19
Berlin, Paris overcome rift over nuclear energy, French official says
BERLIN/PARIS, May 19 (Reuters) - The new German government has signaled to France it will no longer object to treating nuclear power on a par with renewable energy in EU legislation, a French official said on Monday, confirming an earlier report.The EU's two largest economies have long been at l...Reuters
Mon, May 19
US natgas futures fall 5% to 3-week low on rising 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 19 (Reuters) - U.S. natural gas futures fell about 5% to a three-week low on Monday on a small increase in output over the last few days even thou...Reuters
Mon, May 19
Rokstone and AIR Parametric get Liberty capacity for parametric US dairy industry cover
By Chris MunroMay 19 - (The Insurer) - Rokstone Agriculture has partnered with AIR Parametric and launched an innovative product that provides U.S-based dairy producers with protection against the impact of heat stress on their herds, with the new coverage backed by admitted capacity from Liberty Mu...Reuters
Mon, May 19
Russia initiates dispute consultations on EU's carbon border adjustment package, WTO says
May 19 (Reuters) - The World Trade Organization on Monday said that Russia has requested WTO dispute consultations with the European Union and member states concerning EU's "Carbon Border Adjustment Mechanism Package".Reuters
Mon, May 19
US natgas prices at Waha hub in Texas fall into negative territory
By Scott DiSavino May 19 (Reuters) - U.S. natural gas prices for Monday in the Permian shale basin in West Texas turned negative as spring pipeline maintenance and other constraints trap gas in the nation's biggest oil-producing basin.Financial firm LSEG said average gas output in the Lower 4...Reuters
Mon, May 19
Heavy rains kill 6 in China's south, disaster alerts issued
HONG KONG, May 19 (Reuters) - Heavy weekend rains in China's southern Guangdong and Guangxi provinces killed at least six people and disrupted trains and power supply, state media said, with alerts issued for severe flooding and geological disasters in parts of the country.China's National M...Reuters
Mon, May 19
CBOT Trends-Wheat up 1-6 cents, corn and soybeans up 1-4 cents
CHICAGO, May 19 (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 Monday.WHEAT - Up 1 to 6 cents per bushel* CBOT wheat futures higher for the fourth time in five sessions, supported by a w...Reuters
Mon, May 19
