News
Important Only
NextDecade signs 20-year deal with Aramco to supply LNG from Rio Grande facility
April 8 (Reuters) - U.S. liquefied natural gas producer NextDecade NEXT.O said on Tuesday it had signed an agreement with a subsidiary of top oil producer Saudi Aramco 2222.SE to supply the superchilled gas from its Rio Grande facility for 20 years.The United States is already the world's larges...Reuters
Wed, Apr 9
Trump says he does not want to see US Steel go to Japan
WASHINGTON, April 9 (Reuters) - U.S. President Donald Trump said on Wednesday that he does not want U.S. Steel Corp X.N to go to Japan, suggesting he no longer supports Nippon Steel's 5401.T bid for the American steel producer.Shares of U.S. Steel fell 13% after the comment in trading after the ...Reuters
Wed, Apr 9
CBOT corn nears one-month top, climbing after Trump pauses most tariffs
CHICAGO, April 9 (Reuters) - Chicago Board of Trade corn futures ended firmer on Wednesday and the most-active May contract CK25 reached its highest in nearly a month after U.S. President Donald Trump announced a 90-day pause in many of the tariffs unveiled last week.CBOT May corn CK25 settled up 5 ...Reuters
Wed, Apr 9
SOFTS-Cocoa rises sharply, sugar down before US tariff reversal
NEW YORK, April 9 (Reuters) - Cocoa prices rose sharply on ICE on Wednesday, with dealers citing a technical recovery amid oversold signals after the market hit its lowest levels in five months earlier in the session.Coffee prices ended little changed after earlier hitting multi-month lows as well, ...Reuters
Wed, Apr 9
VW quarterly results plunge on US tariffs, EU carbon rules, restructuring
BERLIN, April 9 (Reuters) - Volkswagen VOWG.DE said the uncertainty caused by U.S. President Donald Trump's tariffs was among the factors leading its operating results to plunge to 2.8 billion euros ($3.07 billion) in the first quarter from 4.6 billion last year.Results at Europe's largest c...Reuters
Wed, Apr 9
CBOT wheat ends higher as tariff pause announced
April 9 (Reuters) - Chicago Board of Trade wheat futures closed up on Wednesday as President Donald Trump said the U.S. would put a 90-day pause on many of the sweeping tariffs announced last week. CBOT May soft red winter wheat WK25 settled up 2-1/4 cents at $5.42-1/4 per bushel. K.C. May hard red ...Reuters
Wed, Apr 9
Venezuela's oil flows again, after a week of panic
Tankers return to ports to finish loading a week after pause, delaysCrude cargoes set sail, destinations include India and ChinaCuba has benefited, to receive more cargoes this month April 9 (Reuters) - Many buyers of Venezuelan oil have resumed loading crude onto tankers after a week-long hiatus...Reuters
Wed, Apr 9
US Plains HRW Wheat-Basis bids flat amid slow selling
CHICAGO, April 9 (Reuters) - Spot basis bids for hard red winter wheat were unchanged in the U.S. Plains states on Wednesday as farmer selling was slow and industry players monitored dryness in the U.S. wheat belt, dealers said. * Wheat futures ticked higher on weather risks, a weakening dollar a...Reuters
Wed, Apr 9
GRAINS-Soy surges 2%; corn, wheat rally after Trump pauses most tariffs
By Renee Hickman and Julie Ingwersen CHICAGO, April 9 (Reuters) - U.S. soybean futures soared by 2% on Wednesday while corn and wheat closed higher, rallying along with crude oil CLc1 and equity markets after U.S. President Donald Trump said he would pause the tariff increases he anno...Reuters
Wed, Apr 9
CBOT soybeans rally on news of tariff pause
CHICAGO, April 9 (Reuters) - Chicago Board of Trade soybean futures traded near flat, then shot higher near the end of the session on Wednesday as U.S. President Donald Trump announced a 90-day pause on the tariff increases he announced last week for most countries, even as he raised them on China.C...Reuters
Wed, Apr 9
Oil jumps 4% after Trump pauses tariffs on many countries, raises China levy
Trump authorizes 90-day pause on tariffs for most countries, raises China tariff rate to 125% China imposes additional tariffs on US goodsUS crude oil stockpiles rose last week, EIA saysBy Nicole Jao NEW YORK, April 9 (Reuters) - Oil prices climbed more than 4% on Wednesday, bouncing back from fo...Reuters
Wed, Apr 9
World Bank investment arm commits $300 million loan to Pakistan's Reko Diq mining project
April 9 (Reuters) - The World Bank's private investment arm, International Finance Corporation, will provide $300 million in debt financing for Pakistan's Reko Diq copper-gold mining project, an IFC disclosure said on Wednesday.Reuters
Wed, Apr 9
ICE canola futures boosted by global tariffs suspension
WINNIPEG, Manitoba, April 9 (Reuters) - ICE canola futures edged higher on Wednesday, with a powerful upturn from soyoil after the White House announced a 90-day "pause" on many global tariffs.• The news broke after noon Wednesday, with an immediate surge in prices across many markets includ...Reuters
Wed, Apr 9
USDA to lose bird flu response employees, source says
USDA spokesperson said agency is reviewing upcoming staff departuresSource says departure of three workers likely to disrupt bird flu monitoringBird flu has sickened 70 people in U.S. and killed oneBy Leah Douglas April 9 (Reuters) - Several U.S. Department of Agriculture employees who worked on ...Reuters
Wed, Apr 9
US natgas prices jump 10% after US President Trump pauses most tariffs
US LNG export feedgas on track to hit record high in AprilUS gas output on track to slide in April from March recordUS gas inventories on track for rare build in MarchBy Scott DiSavino April 9 (Reuters) - U.S. natural gas futures jumped about 10% on Wednesday, rising along with Wall Street and ot...Reuters
Wed, Apr 9
Keystone oil pipeline remains shut after spill in North Dakota
April 9 (Reuters) - The Keystone oil pipeline from Canada to the United States remained shut on Wednesday following an oil spill near Fort Ransom, North Dakota, and "return to service" plans are being evaluated, its operator South Bow SOBO.TO said.The 4,327-km (2,689-mile) pipeline, a major ...Reuters
Wed, Apr 9
US exits carbon talks on shipping, urges others to follow, document says
US says it opposes economic measures against its ships based on GHG emissionsIMO discussions continue despite US withdrawalChina, Brazil oppose flat carbon levy on shippingBy Jonathan Saul, Michelle Nichols and Kate Abnett LONDON, April 9 (Reuters) - The United States has withdrawn from talks in ...Reuters
Wed, Apr 9
Zelenskiy says this week's talks on minerals deal with US to focus on technical aspects
KYIV, April 9 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday that this week's meeting in the United States to discuss the minerals deal would focus on technical aspects and foundations of future agreement. Zelenskiy told reporters that the minerals deal with the U.S. sho...Reuters
Wed, Apr 9
US Cash Grains-Corn, soy basis higher on uptick in end user demand
CHICAGO, April 9 (Reuters) - Spot basis bids for corn and soybeans rose across the U.S. Midwest on Wednesday as a small increase in demand led to rising basis bids, dealers said.* The corn basis rose at two river terminals and an Indiana ethanol plant and fell at an Illinois ethanol plant.* The soy ...Reuters
Wed, Apr 9
Trump not seeking to re-invigorate US-Russia trade with lack of tariffs, Greer says
By David Lawder WASHINGTON, April 9 (Reuters) - U.S. Trade Representative Jamieson Greer told lawmakers on Wednesday that President Donald Trump was not trying to re-invigorate trade with Russia by sparing Russian goods from new tariffs, but it was up to Trump whether to impose any future duties...Reuters
Wed, Apr 9
EU wheat slides from two-week peak as euro fuels export doubts
PARIS, April 9 (Reuters) - Euronext wheat fell on Wednesday, retreating from a two-week high as a jump in the euro against dollar rekindled concerns about stiff competition for tepid export demand.May wheat BL2K5 on Euronext settled 2.2% euros down at 219.75 euros ($242.45) a metric ton, moving away...Reuters
Wed, Apr 9
Musk's xAI increased Tennessee gas turbines without permits, community groups say
April 9 (Reuters) - Elon Musk's xAI has nearly doubled gas turbines at its Tennessee data center, exceeding previously known figures and surpassing the number for which the company has submitted permits, according to a letter from community groups to the county's health department.The Southe...Reuters
Wed, Apr 9
Chile sees positive twist to any Trump tariffs on copper
By Daina Beth Solomon and Fabian Cambero SANTIAGO, April 9 (Reuters) - Chile's place at the low-end of U.S. tariffs announced last week could be favorable for the world's leading copper-producing country if U.S. President Donald Trump decides to slap tariffs on copper, Chile Mining Minist...Reuters
Wed, Apr 9
Motiva restarting FCC at Port Arthur, Texas refinery, sources say
HOUSTON, April 9 (Reuters) - Motiva Enterprises began restarting the gasoline-producing fluidic catalytic cracker (FCC) at its 626,000 barrel-per-day (bpd) Port Arthur, Texas refinery on Wednesday, said two people familiar with plant operations. The 81,000-bpd FCC was shut on Jan. 21 for planned ove...Reuters
Wed, Apr 9