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Panama Canal to launch tender for construction, operation of two ports, source says
HOUSTON, Aug 14 (Reuters) - The Panama Canal will soon begin consults with potentially interested companies to launch in the first quarter next year a competitive tender offering two new ports for construction and operation within its zone, a source involved in the preparations said on Thursday.Reuters
Thu, Aug 14
CME Group plans no changes to agricultural trading hours, spokesperson says
CHICAGO, Aug 14 (Reuters) - CME Group Inc CME.O has no plans to change its agricultural market hours at this time, a spokesperson said on Thursday, after some grain traders said there was talk of extending trading.The exchange operator, which runs the Chicago Board of Trade, regularly reaches out to...Reuters
Thu, Aug 14
US natural gas prices edge up on higher demand, Freeport LNG return
Near-record output, ample supplies keep prices lowTropical Storm Erin may reduce demand, affecting pricesGas stockpiles at 7% above normal levelsFreeport LNG plant ramps up after brief decreaseBy Scott DiSavino Aug 14 (Reuters) - U.S. natural gas futures edged up about 1% on Wednesday on forecast...Reuters
Thu, Aug 14
GRAINS-Soybeans retreat as demand worries overshadow USDA's production cut
By Karl Plume CHICAGO, Aug 14 (Reuters) - U.S. soybean futures declined for the first time in four sessions on profit taking on Thursday after a rally ignited by the U.S. government's lower-than-expected harvest outlook took prices to six-week highs.Concerns about soybean export demand due to...Reuters
Thu, Aug 14
CBOT wheat sinks to contract lows on big global supply
CHICAGO, Aug 14 (Reuters) - Chicago Board of Trade wheat futures fell to new contract lows on Thursday, weighed down by ample global supplies.CBOT September soft red winter wheat WU25 hit a contract low of $5.00-3/4 a bushel and settled 3-3/4 cents lower at $5.03-1/2 a bushel. The contract reached t...Reuters
Thu, Aug 14
CBOT soybeans retreat from six-week peak on export demand concerns
CHICAGO, Aug 14 (Reuters) - Chicago Board of Trade soybean futures fell for the first time in four sessions on Thursday on worries about export demand, easing from six-week highs stuck after the U.S. Department of Agriculture slashed its harvest outlook by more than expected.The USDA on Tuesday proj...Reuters
Thu, Aug 14
EXCLUSIVE-Brazil lawmaker Eduardo Bolsonaro warns of more US sanctions, maybe tariffs
Son of Jair Bolsonaro living in US, meeting officials in DCSays Brazil Supreme Court must make concessionsJair Bolsonaro is on trial over alleged coup attemptSon advocating for more sanctions to increase pressure on courtBy Marcelo Teixeira and Luciana Magalhaes WASHINGTON, Aug 14 (Reuters) - Bra...Reuters
Thu, Aug 14
Aramco signs $11 billion Jafurah deal with BlackRock-led consortium
Aug 14 (Reuters) - Saudi Aramco signed an $11 billion lease and leaseback agreement involving its Jafurah gas processing facilities with a consortium led by Global Infrastructure Partners (GIP), part of BlackRock, it said on Thursday. Under the deal, a newly formed subsidiary, Jafurah Midst...Reuters
Thu, Aug 14
CBOT corn ends flat to lower on big supply outlook, good exports limit losses
CHICAGO, Aug 14 (Reuters) - Chicago Board of Trade corn futures ended flat to slightly lower on Thursday as pressure from an expected record U.S. harvest this autumn was largely offset by robust export demand.Futures are hovering just above contract lows that were posted earlier this week after the ...Reuters
Thu, Aug 14
Barrick, Shandong Gold aim for $400 million investment in Argentine mine
By Lucila SigalBUENOS AIRES, Aug 14 (Reuters) - The joint operators of Argentina's Veladero gold mine, Barrick Gold ABX.TO and Shandong Gold 600547.SS, are seeking to add a $400 million project to a new government regime designed to attract large investments. WHY IT'S IMPORTANTThe projec...Reuters
Thu, Aug 14
Phillips 66 reduces gasoline output at Bayway refinery after fire, sources say
NEW YORK, Aug 14 (Reuters) - Phillips 66 PSX.N has reduced gasoline output at its 258,000 barrels-per-day Bayway refinery in Linden, New Jersey, after a fire near the plant's gasoline producing unit, two people familiar with the matter said on Thursday.An ancillary piece of equipment of the refi...Reuters
Thu, Aug 14
GRAINS-Soybeans retreat as demand worries overshadow USDA's production cut
By Karl Plume CHICAGO, Aug 14 (Reuters) - U.S. soybean futures declined for the first time in four sessions in a profit-taking setback on Thursday after a rally ignited by the U.S. government's lower-than-expected harvest outlook took prices to six-week highs. Concerns about soybean ...Reuters
Thu, Aug 14
Gold dives as US PPI surges, cutting into Fed dovish bets
Gold Price takes a hit and dives over 0.60% on Thursday following a red-hot factory gate inflation report in the United States (US), which prompted investors to price out the chances for a 50-basis-point rate cut at the Federal Reserve’s (Fed) upcoming meeting.
Fxstreet
Thu, Aug 14
US Cash Grains-Corn, soybean bids steady to down at elevators, processors, river terminals
CHICAGO, Aug 14 (Reuters) - Basis bids for corn and soybeans were steady to down at elevators, processors and river terminals in a spot check of locations in the U.S. Midwest on Thursday as futures fell. The corn basis fell at a processor in Cedar Rapids, Iowa and a river terminal in Savanna, Illino...Reuters
Thu, Aug 14
Aramco signs $11 bln Jafurah midstream deal with Blackrock's GIP-led consortium
Aug 14 (Reuters) - Saudi Aramco signed an $11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, it said in a statement on Thursday. The investors were led by funds managed by Global Infrastructure Partners (GIP), a part of ...Reuters
Thu, Aug 14
Euronext wheat rises on short-covering, exports
PARIS, Aug 14 (Reuters) - Euronext wheat rose on Thursday to extend a rebound from contract lows, supported by short-covering in front-month futures and expectations of export demand for French wheat.September wheat BL2U5 on Paris-based Euronext settled 1.3% higher at 197.00 euros ($229.23) a metric...Reuters
Thu, Aug 14
US court to reschedule final sale hearing in auction of Citgo parent
HOUSTON, Aug 14 (Reuters) - A U.S. federal court on Thursday approved the rescheduling of a long-awaited sale hearing originally planned for next week to decide the final winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a filing.The change was app...Reuters
Thu, Aug 14
Med crude-CPC Blend September loadings emerge
LONDON, Aug 14 (Reuters) - Mediterranean crude differentials to dated Brent were stable on Thursday, as market participants digested CPC Blend exports in September. * Black Sea CPC Blend crude oil exports will reach just short of 1.6 million barrels per day in September, three trade sources told Reu...Reuters
Thu, Aug 14
US court to reschedule final sale hearing in auction of Citgo parent
HOUSTON, Aug 14 (Reuters) - A U.S. federal court approved on Thursday the rescheduling of a long-awaited sale hearing originally planned for next week to decide the final winner of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a filing, following new uns...Reuters
Thu, Aug 14
Europe Gasoline/Naphtha-Gasoline profit margins decline
LONDON, Aug 14 (Reuters) - Northwest European gasoline profit margins fell 74 cents to $15.71 a barrel on Thursday despite a fall in stockpiles and outages in the United States.A total of 4,000 metric tons of Eurobob E10 barges traded in the session, with Phillips 66 selling to MB Energy and Varo.A ...Reuters
Thu, Aug 14
