News
Important Only
Japan's Eneos to ramp up investment in LNG, SAF while slowing hydrogen
By Yuka ObayashiTOKYO, May 12 (Reuters) - Japan's top oil refiner, Eneos Holdings, plans to increase investment in low-carbon energy such as liquefied natural gas and sustainable aviation fuel, while slowing efforts in cleaner alternatives like hydrogen, its CEO said on Monday.Under a new three-...Reuters
Mon, May 12
EUROPE GAS-Prices rise on US-China tariffs deal
May 12 (Reuters) - Dutch and British wholesale gas prices rose on Monday morning, buoyed by news of a deal between the U.S. and China to lower tariffs, brightening the wider economic outlook. The benchmark Dutch front-month contract TRNLTTFMc1 gained 1.17 euros to 35.87 euros per megawatt hour (M...Reuters
Mon, May 12
Japan's Ishiba signals increasing corn imports as part of US trade talks
Japan will keep demanding elimination of all US tariffsBuying more corn less controversial for Japan than for riceJapan may offer technical cooperation on shipbuildingBy Leika Kihara and Makiko Yamazaki TOKYO, May 12 (Reuters) - Japanese Prime Minister Shigeru Ishiba on Monday signalled that incr...Reuters
Mon, May 12
METALS-Metals rise after US and China agree to slash reciprocal tariffs
SHANGHAI, May 12 (Reuters) - Base metals prices rose on Monday, after the U.S. and China agreed to slash reciprocal tariffs that eased global recession fears.Benchmark copper CMCU3 on the London Metal Exchange (LME) rose 1.0% to $9,542 a metric ton, as of 0724 GMT.The United States and China sai...Reuters
Mon, May 12
PRECIOUS-Gold slips as positive US-China trade talk dents safe-haven appeal
US, China hail 'constructive' Geneva trade talks, details due MondayFed's Hammack wants clear data before moving on ratesYellow metal may decline to $3,200/oz in the near term, analyst saysBy Anushree Mukherjee May 12 (Reuters) - Gold prices slipped on Monday as positive U.S.-China tr...Reuters
Mon, May 12
REFILE-INSIGHT-Prospects of Saudi ties to Israel elusive as Trump seeks $1 trillion bonanza
Saudi-Israel normalization stalled due to Gaza conflictFocus on $1 trillion investments, arms deals, and AI collaborationsTrump’s visit aims to counter China’s rising clout in regionBy Samia Nakhoul, Humeyra Pamuk, Alexander Cornwell WASHINGTON/DUBAI, May 11 (Reuters) - When U.S. President Donald...Reuters
Mon, May 12
RPT-COLUMN-A gallium lens on China's minerals dominance and how to break it: Andy Home
By Andy Home LONDON, May 9 (Reuters) - The price of gallium has been rising ever since China started restricting exports of the exotic metal in August 2023.This is not surprising since China has a near monopoly on global gallium production, just as it does across the critical materials spectrum. ...Reuters
Mon, May 12
Eneos CEO: May Consider Investing In U.S. LNG Assets, Including Alaska LNG If Deemed Profitable
May 12 (Reuters) - ENEOS Holdings Inc 5020.T:ENEOS CEO: WILL CONSIDER BUYING ADDITIONAL STAKES IN LNG PROJECTS OR ASSETSENEOS CEO: NO CONCRETE STEPS HAVE BEEN TAKEN REGARDING INVESTMENT IN U.S. GAS PROJECTSENEOS CEO: AMMONIA AND HYDROGEN INITIATIVES ARE LIKELY TO BE DELAYED IN JAPAN AS A WHOLEENEOS ...Reuters
Mon, May 12
Japan's Ishiba signals increasing corn imports as part of US trade talks
TOKYO, May 12 (Reuters) - Japanese Prime Minister Shigeru Ishiba on Monday signalled that increasing corn imports from the U.S. would be among options in trade negotiations with Washington.Speaking in parliament, Ishiba repeated that Japan won't sacrifice the domestic agriculture industry for th...
Reuters
Mon, May 12
Russian drone attack on Ukraine freight train injures driver, Ukrainian railways says
May 12 (Reuters) - A Russian drone attack on Monday on Ukraine's railway infrastructure in the Donetsk region injured a locomotive driver of a civilian freight train, Ukrainian Railways said."Truce proposals are being ignored, hostile attacks on railway infrastructure ... continue," Ukra...Reuters
Mon, May 12
Traders rebrand Venezuelan oil for China as Brazilian, sources and tanker trackers say
China registered some 67,000 bpd of mixed bitumen imports from Brazil since July worth $1.2 blnShippers tamper with the tankers' signal to make them look like departing from BrazilApart from shortening voyages, the practice helps secure bank financing By Chen Aizhu SINGAPORE, May 12 (Reuters)...Reuters
Mon, May 12
WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details
West Texas Intermediate (WTI) US Crude Oil prices rise to a nearly two-week high during the Asian session on Monday, though bulls struggle to find acceptance or build on the momentum beyond the $61.00 mark.Fxstreet
Mon, May 12
GRAINS-Soybean futures climb on US-China trade optimism; wheat and corn fall
BEIJING, May 12 (Reuters) - Chicago soybean futures rose for a third session on Monday, supported by positive developments in U.S.-China trade negotiations over the weekend in Switzerland.Talks concluded on Sunday with U.S. officials touting a "deal" to reduce the U.S. trade deficit, while C...Reuters
Mon, May 12
METALS-Metals rise on 'constructive' US-China trade talks
SHANGHAI, May 12 (Reuters) - Prices of base metals were up on Monday as signs of progress in U.S.-China trade talks eased global recession fears, although details of any potential deals remain unclear.Benchmark copper CMCU3 on the London Metal Exchange (LME) rose 0.6% to $9,497.5 a metric ton as of ...Reuters
Mon, May 12
