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Trump administration plans to appeal Abrego Garcia decision, White House says
Dec 11 (Reuters) - The Trump administration plans to appeal a judge's decision ordering the release of Kilmar Abrego Garcia from immigration detention, the White House said Thursday."The administration opposed this activism from a judge who is really acting as a judicial activist, which we&#...Reuters
10 minutes ago
US Cash Grains-Corn, soy bids mixed as futures tick up
CHICAGO, Dec 11 (Reuters) - Spot basis bids for corn and soybeans were mixed at elevators, processors and river terminals in the U.S. Midwest on Thursday in a week of light trade, dealers reported.Corn exports have been robust. The USDA on Tuesday raised its U.S. corn export forecast, as sales of th...Reuters
23 minutes ago
EXCLUSIVE-US preparing to seize more tankers off Venezuela's coast after first ship taken, sources say
By Jonathan Saul, Marianna Parraga and Matt Spetalnick HOUSTON/LONDON/WASHINGTON, Dec 11 (Reuters) - The U.S. is preparing to intercept more ships transporting Venezuelan oil following the seizure of a tanker this week, as it increases pressure on Venezuelan President Nicolas Maduro, six sources ...Reuters
26 minutes ago
Oil retreats as investors' focus returns to Ukraine peace talks
Witkoff visit helped resolve misunderstandings, Russia saysUS seizes sanctioned oil tanker off Venezuela's coastIEA trims its 2026 market surplus forecastBy Erwin Seba HOUSTON, Dec 11 (Reuters) - Oil prices fell more than $1 a barrel on Thursday as investors shifted their focus back to Russia...Reuters
38 minutes ago
Chinese zinc smelter breaks contract with Teck's Alaska mine amid tariffs, sources say
By Amy Lv and Ernest ScheyderBEIJING/HOUSTON, Dec 11 (Reuters) - Zhuzhou Smelter Group 600961.SS, one of China's largest zinc smelters, broke a supply contract with Teck Resources' TECKb.TO Red Dog mine in Alaska earlier this year due to hefty tariffs fueled by Beijing and Washington's t...Reuters
48 minutes ago
Europe Gasoline/Naphtha-Gasoline crack spreads fall
LONDON, Dec 11 (Reuters) - Northwest European gasoline refinery profit margins fell by $1.37 to $14.53 a barrel on Thursday.About 11,500 metric tons of Eurobob E5 gasoline traded on barges, as Equinor, Trafigura and Glencore sold to Gunvor, Aramco, and BP. No Eurobob E10 gasoline barges traded in th...Reuters
an hour ago
EU ban on combustion engine cars off table, EPP's Weber says
FRANKFURT, Dec 11 (Reuters) - Plans to impose an effective ban on selling new cars with combustion engines in the European Union have been abandoned, a senior EU lawmaker told German mass tabloid Bild on Thursday.Instead, there will be more flexible rules to achieve a reduction in carbon dioxide emi...Reuters
an hour ago
US EPA considering two-year delay in enforcing Biden vehicle pollution rule
WASHINGTON, Dec 11 - The U.S. Environmental Protection Agency is considering delaying enforcement of a Biden-era regulation requiring significant cuts in air pollution from vehicles, a senior agency official told Reuters.In April 2024, the EPA finalized a rule requiring significant reductions in so-...Reuters
2 hours ago
METALS-Copper rises to record high on rate cut, tight ex-US stocks
By Polina Devitt LONDON, Dec 11 (Reuters) - Copper prices rose to an all-time high on Thursday after the U.S. Federal Reserve cut interest rates and the dollar fell, while continuing flows of copper into U.S. inventories led to worries about tighter supply in the rest of the world.Benchmark three...Reuters
2 hours ago
ARA gasoline stocks inch lower, Insights Global data shows
LONDON, Dec 11 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell around 2% on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks fell 2.4% to 1.10 million metric tons.Gasoil stocks, which includ...Reuters
2 hours ago
Rise in the euro weighs on EU wheat prices
PARIS, Dec 11 (Reuters) - Euronext wheat prices fell on Thursday, pressured by the sharp rise of the euro against the dollar, making euro-denominated grains more expensive on world markets at a time of strong competition and ample supplies.March wheat BL2H6 on Paris-based Euronext was down 0.7% at 1...Reuters
2 hours ago
US natural gas futures fall 7% on mild weather forecasts, data center demand worries
Milder weather forecasts reduce natural gas demandRecord gas output allows for ample storageGlobal gas prices hold near 19-month lowsEnergy firms pulled more gas than expected during cold snap last weekBy Scott DiSavino NEW YORK, Dec 11 (Reuters) - U.S. natural gas futures dropped about 7% on...Reuters
3 hours ago
Floods, falling rocks force closure of major highways to Vancouver
OTTAWA, Dec 11 (Reuters) - Most major Canadian highways to the Pacific port city of Vancouver have been shut due to floods, falling rocks and the risk of avalanches, local authorities said on Thursday."This situation is evolving and very dynamic," said the transport ministry of British Colum...Reuters
3 hours ago
IEA lowers 2026 oil glut forecast for first time since May
Surplus to reach 3.84 million bpd in 2026, down 250,000 bpd from last monthSupply growth forecast lowered on sanctions disruptionsBrighter macroeconomic outlook supports demand, IEA saysParallel markets of ample crude but tight fuel markets to continueBy Robert Harvey LONDON, Dec 11 (Reuters) - T...Reuters
3 hours ago
Strong winds leave millions in Sao Paulo without power, cutting water and flights
SAO PAULO, Dec 11 (Reuters) - About 1.5 million homes and businesses were without electricity on Thursday after an extratropical cyclone swept through Sao Paulo's metropolitan area, toppling trees and power lines and disrupting flights and the water supply.Damaging wind storms also caused vast ...Reuters
3 hours ago
La Nina to fade early next year, neutral Pacific conditions likely, US CPC says
Dec 11 (Reuters) - La Nina is expected to linger for another month or two before likely giving way to neutral Pacific conditions between January and March 2026, carrying a 68% probability, the U.S. Climate Prediction Center said on Thursday."Even after equatorial Pacific SSTs (Sea Surface Temper...Reuters
4 hours ago
NYSERDA Proposes Regulations To Reduce Emissions From Electricity Sector
Dec 11 (Reuters) - NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY(NYSERDA):SAYS NYSERDA AND NEW YORK STATE DEPARTMENT OF ENVIRONMENTAL CONSERVATION (DEC) RELEASES PROPOSED REGULATIONS TO STRENGTHEN THE REGIONAL GREENHOUSE GAS INITIATIVE (RGGI) ON WEDNESDAYSAYS THE REGULATION AIMS TO ACHIEV...Reuters
4 hours ago
Senegal rows back on minister comments about nationalisation of gas field as end of license looms
Senegal Energy Minister said previously gov't planned nationalisation Kosmos Energy's licence for the field runs out in July 2026Kosmos, Petrosen have not found partner for Yakaar-Keranga Dec 11 (Reuters) - Senegal's energy ministry on Thursday rowed back on previous comments from its...Reuters
4 hours ago
Croatia's JANAF says in talks with MOL about potential new oil transport deal
BUDAPEST, Dec 11 (Reuters) - Croatian Adriatic pipeline operator JANAF and Hungarian oil group MOL MOLB.BU held talks in Budapest about a potential new oil transport agreement, JANAF said in a statement on Thursday."The expert team meeting was constructive and further activities were arranged re...Reuters
4 hours ago
