Commodities
By Pavel Polityuk KYIV (Reuters) – Russian drone strikes damaged grain silos and warehouses at the Ukrainian river port of Reni on the Danube, a vital wartime route for Ukrainian food exports, senior officials said on Wednesday. Russian strikes on port infrastructure on the Danube in recent weeks have piled…
WASHINGTON (Reuters) – The office of the U.S. Trade Representative on Wednesday said it was pleased with a World Trade Organization panel report that it said recognized the United States’ section 232 actions on steel and aluminum are security measures and rejected China’s arguments. “The United States is pleased with…
Investing.com — stocks fell almost 6 million barrels last week, losing all that they added the prior week, a government report showed on Wednesday as global oil inventories turned volatile from persistent Saudi attempts to squeeze a market at a crossroads due to the sluggish economy in top importer China.…
WASHINGTON (Reuters) – U.S. lawmakers from both political parties have urged President Joe Biden and members of his administration to resolve a months-long delay in the transfer of a cargo of oil from a seized Iranian tanker off Texas. The Suez Rajan has been stuck near Galveston about 50 miles…
By Humeyra Pamuk and Daphne Psaledakis WASHINGTON (Reuters) – The United States on Wednesday condemned Russia’s continued attacks on Ukraine’s grain infrastructure and said it was working with partners to identify alternative options to ensure Ukrainian grain exports. “The United States … calls for Russia to immediately return to the…
By Elida Moreno and Marianna Parraga PANAMA CITY (Reuters) – The Panama Canal Authority on Wednesday notified shippers it is extending through Sept. 2 restrictions for vessels to transit through the waterway and keeping the number of vessels authorized to pass per day to a maximum of 32. The Canal…
(Reuters) – The United States is preparing to escalate its complaint that Mexico’s ban on genetically modified corn violates the neighbours’ free-trade deal, Bloomberg News said on Thursday. The office of the U.S. Trade Representative plans to request the formation of a dispute resolution panel under the US-Mexico-Canada Agreement (USMCA),…
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker crown currency, a national statistics office (SSB) survey showed on Thursday. The country’s biggest business sector now expects…
(Reuters) – Government targets to increase wind power installations would see annual capacity additions reach 80 gigawatts (GW) per year by 2030, requiring $100 billion in secured investment in the supply chain by 2026, Wood Mackenzie said in a report. The research and consultancy firm forecast annual capacity is more…
By David Lawder WASHINGTON (Reuters) – The U.S. Commerce Department on Thursday said it will impose preliminary anti-dumping duties on tin-plated steel imports from Canada, Germany and China, sparing five other countries in a decision that drew some relief from food can manufacturers that had feared higher tariffs. The department…