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LIVESTOCK-CME hog futures extend slide on technical selling
By Julie IngwersenCHICAGO, Feb 13 (Reuters) - Lean hog futures on the Chicago Mercantile Exchange ended lower on Friday, extending a week-long skid tied to long liquidation and profit-taking after the most-active April contract LHJ26 set a life-of-contract high last week.CME April hogs LHJ26 settled...
Reuters
6 hours ago
CORRECTED-US allows Triso-X to use HALEU uranium to make reactor fuel
WASHINGTON, Feb 13 (Reuters) - The U.S. nuclear power regulator said on Friday it issued a license to Triso-X to make a fuel for commercial reactors at a plant in Oak Ridge, Tennessee that uses a more enriched uranium. Triso-X, a subsidiary of X-energy, plans to make TRISO fuel, which is high assay ...
Reuters
6 hours ago
US allows Triso-X to use HALEU uranium for making reactor fuel
By Timothy GardnerWASHINGTON, Feb 13 (Reuters) - The U.S. nuclear power regulator said on Friday it issued a license to Triso-X to use a more enriched uranium known as HALEU for making a new fuel for planned high-tech commercial reactors. Triso-X, a subsidiary of X-energy, plans to make the TRISO fu...
Reuters
6 hours ago
Cubans turn to electric vehicles as US tightens oil blockade
HAVANA, Feb 13 (Reuters) - The rumble of 1959 Chevrolets, once the rhythmic heartbeat of Havana, is fading to the near silence of electric vehicles as the island faces its worst fuel shortage in years.For six decades, Cuba's roads changed little, defined by colorful vintage cars. But in recent y...
Reuters
6 hours ago
Mali renews Barrick Mining's Loulo license for 10 more years
BAMAKO, Feb 13 (Reuters) - Mali's government approved a draft decree renewing Barrick Mining's ABX.TO Loulo gold mining permit for an additional 10 years, the West African country's military leader said in a statement on Friday. Mali, one of Africa's leading gold producers, resolved ...
Reuters
7 hours ago
EXCLUSIVE-US refiner Valero to import up to 6.5 million barrels of Venezuelan crude in March, sources say
Valero set to get up to 10 Venezuelan oil cargoes in MarchValero could become top foreign refiner of Venezuelan oilBulk of Valero cargoes are bought from ChevronBy Nicole Jao, Shariq Khan, Marianna Parraga and Arathy Somasekhar NEW YORK, Feb 13 (Reuters) - Valero Energy VLO.N is set to buy up to ...
Reuters
7 hours ago
CIF/FOB Gulf Grain-Corn, soybean barge bids steady-firm as futures dip
CHICAGO, Feb 13 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to firmer on Friday as futures prices eased, traders said.CIF corn basis bids were also steady to firm.But basis values for both corn and soybeans were down for the week following an increas...
Reuters
7 hours ago
Worker dies from injuries in Valero refinery fire in Oklahoma
By Nicole Jao NEW YORK, Feb 13 (Reuters) - A worker has died from injuries sustained in Monday's fire at Valero Energy's VLO.N Ardmore oil refinery in Oklahoma, contractor UPS Industrial Services said on Friday.A fire erupted at Valero's 86,000 barrel-per-day Ardmore refinery in Oklah...
Reuters
8 hours ago
US Plains HRW Wheat-Basis bids flat to higher as futures tick down
CHICAGO, Feb 13 (Reuters) - Basis bids for hard red winter wheat were steady to up in the U.S. Plains on Friday as futures prices fell back from a rally on Thursday. Sales were minimal this week, as growers had already sold most of their old-crop wheat, according to dealers.Weather in the wheat belt...
Reuters
9 hours ago
Airlines, travel groups warn of impact of partial government shutdown on airport screeners
By David ShepardsonWASHINGTON, Feb 13 (Reuters) - Major airlines and travel groups on Friday urged Congress to avoid a partial government shutdown, which would result in about 50,000 airport security officers not getting paid ahead of the busy U.S. spring break travel period.Transportation Security ...
Reuters
9 hours ago
CBOT soybeans retreat from two-month highs ahead of long US weekend
CHICAGO, Feb 13 (Reuters) - Chicago Board of Trade soybean futures ended lower on Friday, retreating from multi-month highs set a day earlier as traders booked profits and squared positions ahead of a long U.S. holiday weekend and the upcoming Lunar New Year holidays in China, traders said.Seasonal ...
Reuters
9 hours ago
Oil prices settle slightly higher as optimism around US inflation data outweighs OPEC supply concerns
US CPI data suggests potential for further rate cuts, boosting risk appetiteOPEC+ may resume oil output increases from April, impacting summer fuel demandRussia says next Ukraine peace talks set for next weekInvestors watch for US-Iran talks, easing Venezuelan sanctions By Arathy Somasekhar HOUST...
Reuters
10 hours ago
IMF discussing electricity tariffs revisions with Pakistan
KARACHI, Feb 13 (Reuters) - The International Monetary Fund is discussing proposed electricity tariff revisions with Pakistan authorities, the fund said in a statement to Reuters on Saturday, adding that the burden of the revisions should not fall on middle‑ or lower‑income households."The o...
Reuters
10 hours ago
CBOT corn ends firm ahead of long US holiday weekend
CHICAGO, Feb 13 (Reuters) - Chicago Board of Trade corn futures closed modestly higher on Friday, supported by position-squaring ahead of a long U.S. holiday weekend and brisk export demand for U.S. supplies, traders said.CBOT March corn CH26 settled up 1/2 cent at $4.31-3/4 per bushel.For the week,...
Reuters
10 hours ago
Canada minister to lead major trade mission to Mexico, says Ottawa
OTTAWA, Feb 13 (Reuters) - Dominic LeBlanc, the federal government minister who will represent Ottawa when the U.S-Canada-Mexico trade treaty is reviewed this year, will lead a major trade mission to Mexico from February 15-20, Canada's foreign ministry said on Friday.
Reuters
10 hours ago
White House: no changes to Trump metals tariffs unless president announces them
White House official says Trump doubled tariffs on steel, aluminum and derivative products to 50% in 2025Steel group urges Trump to stay the course on metals tariffs for national securityBy David Lawder WASHINGTON, Feb 13 (Reuters) - Trump administration officials said on Friday that there would ...
Reuters
10 hours ago
CBOT wheat dips on position-squaring, India export prospects
CHICAGO, Feb 13 (Reuters) - Chicago Board of Trade wheat futures fell on Friday, retreating from multi-month highs set a day earlier, as traders booked profits and squared positions ahead of a long U.S. holiday weekend, traders said.Additional pressure stemmed from news that India's government w...
Reuters
10 hours ago
Trinidad's Atlantic LNG shuts its Train 3 plant for emergency repairs, sources say
Train 3 shutdown could cut Atlantic LNG's production by 25%BP and Shell hold 45% stake each in the complexTrain 4 maintenance planned for May-June, impact unclearBy Curtis WilliamsHOUSTON, Feb 13 (Reuters) - Trinidad and Tobago's flagship Atlantic LNG liquefied natural gas complex shut its T...
Reuters
10 hours ago
IMF discussing electricity tariffs revisions with Pakistan
KARACHI, Feb 13 (Reuters) - The International Monetary Fund is discussing proposed electricity tariff revisions with Pakistan authorities, the fund told Reuters, adding that the burden of the revisions should not fall on middle- or lower‑income households."The ongoing discussions with the author...
Reuters
10 hours ago
US natural gas futures climb with increased LNG export flows
Near-record LNG export flows boost demand Waha Hub prices remain negative due to pipeline constraintsLSEG reports increased gas output in Lower 48 statesBy Scott DiSavinoNEW YORK, Feb 13 (Reuters) - U.S. natural gas futures edged up to a one-week high on Friday before the long U.S. Presidents' D...
Reuters
10 hours ago
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