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Lithium producers grow bullish as EV revolution turbocharges demand

Rising demand for lithium is stoking prices for the electric vehicle battery metal, fueling long-delayed expansions that still may not produce adequate supplies that automakers need to meet aggressive production plans.

Exclusive: UK court to reconsider $6.9 billion Brazil dam lawsuit against BHP

London's Court of Appeal will hear a request to revive a 5 billion pound ($6.95 billion) lawsuit against Anglo-Australian mining group BHP over a 2015 dam failure in Brazil, a court order showed.

Oil notches second weekly gain despite India virus surge

Oil edged up slightly on Friday even as the COVID-19 crisis in India worsened, and prices notched a second weekly gain against the backdrop of optimism over a global economic recovery.

Citgo Petroleum posts fourth quarter net loss of $255 million

Eighth-largest U.S. refiner Citgo Petroleum Corp on Friday reported a wider $255 million fourth quarter loss as slack demand for fuel and higher costs crushed margins last year.

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Column: U.S. petroleum stockpiles normalise after pandemic surge - Kemp

U.S. petroleum inventories have returned to normal after ballooning during the Saudi-Russian volume war and first wave of the coronavirus epidemic last year.

Column: CBOT corn futures overpower soybeans as supply fears smolder

Chicago-traded November soybeans on Thursday topped $14 per bushel for the first time in eight years, having surged 27% since the start of 2021. That is the best performance for the contract during that period in nearly 50 years, but it has still staged historic losses relative...

MP Materials profit beats expectations on rising output, pricing

U.S.-based rare earths miner MP Materials Corp posted a higher-than-expected quarterly profit on Thursday due to rising production and prices for the metals used to make electronics.

EOG Resources beats profit estimate as crude prices rebound

U.S. oil and gas producer EOG Resources Inc beat analysts' estimate for first-quarter profit and declared a special dividend of $1 per share on Thursday, as COVID-19 vaccine rollouts and increased travel demand lift crude prices.

Chile copper miners cry foul as royalty bill advances to Senate

Chile's lower house of Congress approved on Thursday an opposition-led bill that would slap a progressive royalty on sales of copper as prices rise, sharply hiking taxes on the sprawling industry to pay for social programs during the COVID-19 pandemic.

High prices drive Argentina agricultural exports to record high

High international grain and oilseed prices drove Argentine agricultural exports to a record high $9.755 billion in the first four months of 2021, the CIARA-CEC chamber of export companies said on Thursday.

Oil prices fall 1% on worries of pandemic surge in India

Oil prices settled lower on Thursday, reversing early gains under pressure from rising COVID-19 infections in India and elsewhere although prices retained some support from a report a day earlier that U.S. crude inventories fell more sharply than expected.

Marathon Oil says no plans to 'indulge' in expensive M&A

U.S. oil and gas producer Marathon Oil on Thursday said it has no plans to "indulge in expensive" deal-making and will remain focused on improving shareholder returns.

U.N. methane report ups pressure on EU to tackle the planet-warming gas

The world must urgently cut its emissions of methane to rein in climate change, a U.N. report said Thursday, raising pressure on European Union policymakers who are drafting the bloc's first methane regulations targeting fossil fuels.

BP Midstream offshore pipeline volumes rise 12%, onshore levels lag in first quarter

BP Midstream Partners LP offshore pipeline volumes increased by 12% in the first financial quarter, but onshore oil and refined products pipeline demand lagged, company executives said on Thursday.

Column: Some commodity producers lagging the rallies in red-hot metals - Russell

The global rally in commodities has seen some like copper and iron ore probe record highs, but when it comes to the companies producing natural resources the gains in their share prices have been largely lagging and uneven.

Gas producer EQT Corp to buy private driller Alta Resources for $3 billion

EQT Corp, the largest U.S. natural gas producer, said on Thursday it will buy Appalachian basin rival Alta Resources for $2.93 billion in cash and stock, expanding its position in the gas-rich shale plays of the U.S. northeast.

Rio Tinto shareholders reject executives' pay in caves blast backlash

A majority of Rio Tinto's shareholders rejected the global miner's executive pay packages on Thursday, in a backlash over its destruction last year of ancient rock shelters in Western Australia.

Energy sector to bear brunt of stepped up German climate law: draft

The German government expects the energy sector to play the biggest role in reducing carbon emissions by 2030, according to a draft of the reform to its climate protection law seen by Reuters on Thursday.

Column: Some commodity producers lagging the rallies in red-hot metals

The global rally in commodities has seen some like copper and iron ore probe record highs, but when it comes to the companies producing natural resources the gains in their share prices have been largely lagging and uneven.

Column: China's super-charged buying reshapes the copper market

China's net imports of refined copper surged by 38% to 4.4 million tonnes last year, breaking all historical records.

Marathon Oil, APA profits beat as crude prices recover from pandemic lows

U.S. oil and gas producers Marathon Oil Corp and APA Corp beat Wall Street estimates for first-quarter profits on Wednesday, as COVID-19 vaccine rollouts and easing travel restrictions powered a rebound in oil prices.

Pioneer's CEO says consolidation needed to quell U.S. shale production

The shale industry needs more consolidation to curb volume increases from smaller producers, Scott Sheffield, chief executive officer of top U.S. shale producer Pioneer Natural Resources, said on Wednesday.

Death of Chicago's grain options pits hits traders as crop prices soar

U.S. grain brokers and analysts on Wednesday lamented CME Group Inc's decision to permanently end open-outcry options trading at a time when crop prices are surging, saying that pit traders could help navigate volatile markets.

Brazil's Petrobras reopens bidding for Golfinho oilfields -sources

Brazilian state-run oil company Petrobras has reopened bidding for its Golfinho offshore oilfield cluster, two sources told Reuters this week, following a rise in crude prices over the last several months.