Saudi Arabia's crude oil exports rose in August for a fourth consecutive month to the highest since January 2021, the Joint Organisation Data Initiative said on Monday. The kingdom's crude oil exports rose to 6.450 million barrels per day in August, up from 6.327 million bpd in July.
Exxon Mobil Corp (XOM) on Sunday told workers at its Beaumont, Texas, refinery their six-month lockout will end if they ratify the company's contract offer or remove the United Steelworkers union as their representative.
Exxon Mobil Corp (XOM) managers on Friday began calling workers locked out of the company's Beaumont, Texas, refinery to push for approval of a contract proposal to be voted on early next week, a United Steelworkers union official said.
The following bids, mergers, acquisitions. ** Nexi said its acquisition of smaller rival SIA to create an Italian payments champion will be completed "as soon as practicable" after Italy's antitrust authority gave a conditional green light to the deal.
The United Steelworkers union urged locked-out workers at Exxon Mobil Corp's Beaumont, Texas, refinery to reject a company contract offer in a vote scheduled for Tuesday, according to a union statement reviewed by Reuters on Thursday.
* China's Met Office forecasts sharp drop in temperatures. * Coal prices, imports soaring as demand grows. * Higher power prices feeding into factory gate inflation. By Shivani Singh and Muyu Xu.
The Baltic Exchange's dry bulk sea freight index slipped to a two-week low on Wednesday as a decline in the larger capesize segment outweighed higher panamax and supramax vessel rates. * The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, fell by 172 points, or 3.2%, to 5,206.
* Sept exports +28.1% yr/yr vs +21% forecast in Reuters poll. * Sept imports +17.6% yr/yr vs +20% forecast. * Sept trade balance $66.76 bln vs $46.8 bln forecast. By Stella Qiu and Gabriel Crossley.
China's export growth unexpectedly accelerated in September, as still solid global demand offset some of the pressures on factories from power shortages, supply bottlenecks and a resurgence of domestic COVID-19 cases. The world's second-largest economy has staged an impressive rebound from the pandemic but there are signs the recovery is losing steam.
Exxon Mobil Corp (XOM) said on Tuesday that a vote to remove the United Steelworkers union from representing locked-out workers at its Beaumont, Texas, refinery would go forward no matter the outcome of a contract ratification vote next week by those same workers.
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