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Simon Webb

@reutersSimonW

Global Commodities & Energy Editor, Reuters

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Simon Webb Reposted

🔊 @carmelcrimmins is joined by @reutersSimonW on this week’s episode of the Reuters Econ World podcast to talk oil and its endgame reut.rs/3XWWgDI


Simon Webb Reposted

EXCLUSIVE Farmers in major coffee exporter Vietnam are refusing to deliver coffee they have sold unless contracts are renegotiated following a surge in global prices to 28-year highs. #coffee #Vietnam #Vietnamrobustacoffeedefaults #foodpriceinflation nasdaq.com/articles/exclu…


US officials advised Exxon against doing business with Guyana-based Mohamed’s Enterprise. Exxon ignored the advice. The owners now face a US investigation and possible sanctions. Story from @SabrinaValle and @G_Slattery reuters.com/investigates/s… via @specialreports


Second consecutive OPEC gathering with restricted media coverage- and no reason given for the exclusions reuters.com/world/opec-wit…


Follow reporting from @sabrinavalle this week as one of the world's fastest growing oil producers Guyana courts Big Oil. reuters.com/business/energ…


"The work of hundreds of people, who for decades built the exporting system, now has been flushed down the toilet." reuters.com/business/energ…


Simon Webb Reposted

Oil prices in much of the world's physical markets have started the year with a rally amid signs of more buying from China and concern that sanctions on Russia could tighten supply W/ @AlexLawler100, @muyxu reuters.com/business/energ…


Simon Webb Reposted

Once the stuff of science fiction, lab-grown meat could reach U.S. restaurants this year. But the industry has some hurdles to overcome. Here’s how so-called cultivated meat is made reut.rs/3GTN3lG 👇 @leahjdouglas reports 1/7

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Simon Webb Reposted

A 200-year-old aluminium foundry in Germany has a new production plan to deal with soaring energy prices: 3 weeks of 24-hour shifts followed by a 1-week shutdown, saving on the gas it takes to fire up 700 °C ovens every morning. reuters.com/business/energ… 📸REUTERS/Fabian Bimmer

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Simon Webb Reposted

Exxon accelerates production in Guyana, makes two new discoveries reut.rs/3zadGPJ

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Simon Webb Reposted

Malaysia's #palmoil industry is short of around 120,000 workers, according to planters group. That means fewer people to harvest the palm fruits, which has added to the edible oil shortage & inflated prices that the world is now grappling with.

Palm oil plantation owners in Malaysia struggle due to labor crunch reut.rs/3txS79G



Simon Webb Reposted

Reuters- After repairing and feeding Venezuela's smallest refinery, #Iran begins preparations to revamp thr country's largest #OOTT w/ @MircelyG @tibisayromero reuters.com/business/energ…


Simon Webb Reposted

EXCLUSIVE Oil traders to cut Russian oil purchases from May 15 - sources. My story with other Reuters reporters. #oott reuters.com/business/energ…


Simon Webb Reposted

Commodities trading houses help keep Russian oil flowing. Vitol and Trafigura remain big lifters. Many companies still took Russian oil in March. My story w/ another Reuters reporter #oott reuters.com/business/energ…


"There's no room whatsoever for companies to take any initiatives in terms of new investment" Great scoop here from @chinapersian @julie_zhuli @muyxu as Chinese firms rethink Russian energy investments reuters.com/business/energ…


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