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Top News & Analysis Louisiana

  • *Rain forecasts in Argentina raise risk to harvest. PARIS/ SINGAPORE, April 5- Chicago soybeans rose on Wednesday to pull away from a six-month low hit in the previous session because large global supplies are already priced in, while rain forecasts in Argentina shifted attention towards harvest risks in the South American exporter. The Chicago Board of Trade...

  • A NY Waterway ferry crosses the East River in front of the Brooklyn Bridge on December 30, 2016 in New York City. (

    The future of public transportation in New York City is taking shape on the bayous of Louisiana and Alabama.

  • SINGAPORE, April 5- Chicago soybean prices rose on Wednesday, pulling away from a six-month low that was touched the session before as expectations of a record Brazilian crop and higher U.S. planting dragged. The Chicago Board of Trade most-active soybean contract had risen 0.8 percent to $9.45-1/ 4 a bushel by 0253 GMT, after sliding to its lowest since Sept. 27 at...

  • SINGAPORE, April 5- Chicago soybean prices edged up on Wednesday, recovering from a six-month low that was touched the session before as a record Brazilian crop and expectations of higher U.S. planting dragged. *The Chicago Board of Trade most-active soybean contract slid to its lowest since Sept. 27 at $9.36-1/ 2 a bushel on Tuesday. *The U.S. Department of...

  • This time it is the turn of Access World, the metal logistics arm of Glencore that was previously known as Pacorini Metals, to feel the regulatory heat. Its U.S. subsidiary has just been hit with a $1.4- million fine plus costs for, the LME alleges, falsifying documents related to its storage of zinc in the U.S. port of New Orleans. Access World has settled with the LME...

  • CHIBA, Japan, April 4- Woodside Petroleum is considering sales of some of its liquefied natural gas on a fixed-price basis, the chief executive of Australia's largest independent oil and gas producer told reporters on Tuesday at a conference in Japan. Last month, the biggest buyers in the world's top three LNG consuming countries- Japan, South Korea and China-...

  • *Prices at $7- $8/ mmBtu could get LNG projects going- Woodside. *Tellurian offers LNG delivery to Japan at $8/ mmBtu from 2023. Without the investments, suppliers may not be able to meet the needs of buyers such as Japan- the world's biggest importer of LNG- at a time when reducing emissions from other dirtier fossil fuels will be crucial to abate global warming,...

  • SAN FRANCISCO, March 29- Blue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering, according to people familiar with the matter. New York City- based Blue Apron has selected Goldman Sachs, Morgan Stanley and Citigroup Inc to lead the offering that could come as soon as this fall, the sources said.

  • March 29- The last time the United States was a net exporter of natural gas was in 1957, when Dwight Eisenhower was president. Six bcfd of gas can fuel about 30 million U.S. homes, or almost every house in California, Texas and Florida combined. Just a decade ago, before the shale revolution, the United States was expected to become a growing LNG importer, not an exporter,...

  • Ranking member Jim McCrery, R-La., during the House Ways and Means markup of an $11.1 billion package of tax incentives aimed at reviving the housing market and aiding low-income renters.

    Jim McCrery watched as the House stumbled on an issue he specialized in as a conservative Republican.

  • *Copper down 0.7 pct at $5,760 after touching $5,671. Benchmark copper on the London Metal Exchange ended 0.7 percent down at $5,760 a tonne, having touched $5,671, its lowest since March 9. "His failure on Obamacare has created uncertainty about whether he can push his policies through Congress."

  • Benchmark copper on the London Metal Exchange was down 1.6 percent at $5,712 a tonne by 1127 GMT. "His failure on Obamacare has created uncertainty about whether he can push his policies through Congress." HEALTHCARE: Trump suffered a political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul...

  • OPEC members have argued for decades over which of the two they should monitor to gauge compliance with oil-output cuts. This month, Saudi Arabia has thrown a third metric supply- into the debate. On Jan. 1, a deal between the Organization of the Petroleum Exporting Countries and some non- OPEC states to curb production by 1.8 million bpd came into effect.

  • "Domestic and international market participants now have a risk-management solution that lays the foundation for a more effective means of hedging their spot and forward exposure," J.C. Kneale, ICE's vice president, North American power and natural gas markets, said in a statement. Growing LNG exports are propelling the United States' transition to a net...

  • HOUSTON, March 9- U.S. shale oil producers are plotting ambitious production growth outside the red-hot Permian Basin in Texas, widening a resurgence that could confound OPEC's strategy to tighten global supplies. As shale firms rebound from a two-year price war with OPEC, many are planning to expand production in North Dakota, Oklahoma and other shale regions.

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • The Association of American Railroads said on Wednesday that the number of rail cars loaded with coal in February increased over 19 percent compared with the same month in 2016, the biggest percentage gain on record, according to AAR data to 1988.. "While it's an impressive gain, February 2017 was, unfortunately, also the second worst February in absolute terms...

  • That's good news for the many zinc bulls out there, who have already seen the price of London zinc rise from under $1,600 per tonne to $2,860 over the last year. And when will this evolving bull story start affecting China, the world's biggest producer and consumer of zinc? Most of the cancellation activity has taken place at New Orleans.