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US regulators approve 20-year life extension for Florida nuclear power plant
By Laila KearneyNEW YORK, April 28 (Reuters) - U.S. energy regulators on Tuesday granted a 20-year operating life extension for a Florida Power & Light-owned nuclear power plant, the company said on Tuesday.The Nuclear Regulatory Commission's granting of license renewals of two units at the ...Reuters
Tue, Apr 28
US pump prices near 4-year high on Iran war disruption, refinery outages
Gasoline prices have climbed over 40% since late February, AAA data showsUnplanned refinery outages in April totaled about 150,000 barrels per dayRetail prices may need to rise further to prevent losses for gasoline dealers, analysts warnBy Nicole Jao NEW YORK, April 28 (Reuters) - The average U....Reuters
Tue, Apr 28
ROI-UAE exit strips OPEC of clout, risks bitter price war: Bousso
By Ron Bousso LONDON, April 28 (Reuters) - The United Arab Emirates’ decision to leave OPEC will sharply diminish the 65-year-old producer group’s influence over the oil market, opening the door to an all‑out price war once Gulf producers rush to regain market share when the Iran war is over.The ...Reuters
Tue, Apr 28
US Plains HRW Wheat-Basis bids steady to lower as futures surge
CHICAGO, April 28 (Reuters) - Basis bids for hard red winter wheat were steady to lower around the U.S. Plains on Tuesday as futures prices surged, grain merchants said. Farmer sales remained minimal as many growers are gauging how recent showers impact their drought-stressed crop.K.C. May wheat fut...Reuters
Tue, Apr 28
PRECIOUS-Gold falls as Middle East tensions keep oil soaring, Fed meeting in focus
Trump unhappy with latest Iranian proposal, says officialUAE announces decision to withdraw from OPEC and OPEC+Fed expected to hold rates steady at end of meeting on WednesdayBy Ishaan Arora April 28 (Reuters) - Gold fell to a near four-week low on Tuesday, on peristent inflation concerns after U...Reuters
Tue, Apr 28
MGEX deliverable HRS wheat stocks
April 28 (Reuters) - Minneapolis Grain Exchange reported stocks of hard red spring wheat in deliverable position in exchange approved warehouses as of the close of business on Apr 26 in 000 bushels. NOTE: Deliverable and non-deliverable grades exclude CCC stocks.---MINNEAPOLIS/ST PAUL RED WING ...Reuters
Tue, Apr 28
UPS keeps full-year revenue target, says fuel price spike from Iran war could hurt demand
UPS keeps full-year revenue forecast intactParcel delivery firm sees revenue, profit growth in second quarterUPS transitions from high-volume shipments to higher-paying deliveriesBy Nandan Mandayam and Lisa BaertleinApril 28 (Reuters) - United Parcel Service UPS.N on Tuesday reiterated its full-year...Reuters
Tue, Apr 28
Shell Norco, Louisiana fire broke out on chemical plant unit, sources say
HOUSTON, April 28 (Reuters) - A Monday night fire at Shell's SHEL.L Norco, Louisiana refining and chemical plant complex broke out on an olefins unit in the chemical plant, people familiar with plant operations said on Tuesday. The fire broke out on Monday night as Shell was shutting the GO-1 un...Reuters
Tue, Apr 28
US Marines board commercial vessel in Arabian Sea, military says
WASHINGTON, April 28 (Reuters) - U.S. Marines boarded a commercial vessel in Arabian Sea on Tuesday, U.S. Central Command said in a post on X, adding that it later released the vessel known as M/V Blue Star III after confirming it would not stop at an Iranian port.Reuters
Tue, Apr 28
US Cash Grains-Soybean basis steady-higher as futures dip, corn bids mixed
CHICAGO, April 28 (Reuters) - Spot basis bids for soybeans delivered to U.S. Midwest elevators and processing plants were steady to higher on Tuesday on firm demand and lower futures prices, crop merchants said.Spot corn basis bids were mixed at elevators, ethanol plants and other processors around ...Reuters
Tue, Apr 28
GRAINS-Chicago wheat hits highest in nearly two years on drought concerns
By Heather Schlitz CHICAGO, April 28 (Reuters) - Chicago wheat futures hit their highest point in nearly two years on Tuesday, driven by strong demand and a potentially crop-killing drought in the U.S. winter wheat belt.The most active wheat contract on the Chicago Board of Trade Wv1 rose 24 cent...Reuters
Tue, Apr 28
Airbus CEO Says Global Jet Fuel Crisis Is Triggering An Appetite For Sustainable Jet Fuel
April 28 (Reuters) - Airbus SE AIR.PA:AIRBUS CEO SAYS GLOBAL JET FUEL CRISIS IS TRIGGERING AN APPETITE FOR SUSTAINABLE JET FUEL - MEDIA CALLAIRBUS CFO SAYS US DOLLAR DEPRECIATION IN Q1 WAS FULLY IN LINE WITH FY EXPECTATIONS - MEDIA CALLAIRBUS CEO SAYS NEGOTIATIONS WITH PRATT & WHITNEY ARE PROGRE...Reuters
Tue, Apr 28
Some groups ask US trade agency for new duties, import bans to fight forced labor
USTR holds two-day hearing on forced labor unfair trade practices probeUS bans imports from China's Xinjiang region, but many other countries don't, rights groups sayPro-tariff group says forced labor is a hidden subsidyTech group cautions against using probe to reimpose tariffs By David La...Reuters
Tue, Apr 28
EXPLAINER-What is OPEC+ and how does it affect oil prices?
LONDON, April 28 (Reuters) - The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on Tuesday. The Organization of the Petroleum Exporting Countries and allies, including Russia, are known collectively as OPEC+. Last year, the gr...Reuters
Tue, Apr 28
UAE leaves OPEC in blow to global oil producers' group
UAE energy minister says exit is a strategic moveSuggests departure can help to meet global energy demandsGulf leaders meet to discuss Iran war impactBy Maha El Dahan DUBAI, April 28 (Reuters) - The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers'...Reuters
Tue, Apr 28
Europe Gasoline/Naphtha-Gasoline refining margins edge lower
LONDON, April 28 (Reuters) - Northwest European gasoline refinery profit margins fell by about $1.56 to $18.94 a barrel on Tuesday as underlying crude prices rose and there was the potential for increased supplies. A total of 5,250 metric tons of E5 gasoline barges traded in the Argus window as Exxo...Reuters
Tue, Apr 28
Canada, Alberta close in on carbon price agreement, sources say
Provincial, federal government near agreement on carbon pricing for oil sands companiesBroader agreement on a new pipeline, carbon-capture project remains elusiveAlberta aims to present pipeline proposal by July 1 despite unresolved cost-sharing for Pathways projectCarney has said pipeline plan cann...Reuters
Tue, Apr 28
METALS-Copper slips to two-week low on stronger dollar, worries about inflation
By Polina Devitt LONDON, April 28 (Reuters) - Copper prices fell to their two-week low on Tuesday due to a stronger dollar, concerns about global economic growth and fears over inflation fuelled by lingering uncertainty over the Middle East conflict. Benchmark three-month copper CMCU3 on the Lond...Reuters
Tue, Apr 28
PRECIOUS-Gold falls as Middle East tensions keep oil soaring, Fed meeting in focus
Spot gold falls 2% to lowest in nearly 4 weeksTrump rejects latest Iranian proposalUAE announces decision to withdraw from OPECFed expected to hold rates steady at end of meeting on WednesdayBy Ishaan Arora April 28 (Reuters) - Gold fell more than 2% to a near four-week low on Tuesday, on periste...Reuters
Tue, Apr 28
JetBlue plans capacity cuts, fare hikes as high fuel costs widen quarterly loss
JetBlue to slow hiring, cut capacity, hike fares amid rising fuel costsCarrier suspends full-year guidance, expects to recover fuel costs by 2027Shares rise more than 4%By Doyinsola Oladipo and Shivansh Tiwary April 28 (Reuters) - JetBlue Airways JBLU.O said on Tuesday it plans to slow hiring, cu...Reuters
Tue, Apr 28
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