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Oil gains as US-China tariff pause extension boosts trade hopes
By Anjana Anil Aug 12 (Reuters) - Oil prices rose on Tuesday as the United States and China extended a pause on higher tariffs, easing concerns an escalation of their trade war would disrupt their economies and crimp fuel demand in the world's two largest oil consumers. Brent crude futures LC...Reuters
Tue, Aug 12
GRAINS-Soybeans snap last session's rally on hopes of bumper US harvest
SINGAPORE, Aug 12 (Reuters) - Chicago soybeans slid on Tuesday, pressured by expectations of a bumper U.S. harvest, giving up some of last session's gains, which were driven by U.S. President Donald Trump's remarks that he hoped China would quadruple its soybean purchases.Corn and wheat ease...Reuters
Tue, Aug 12
Goldman Sachs maintains TTF gas price forecast for 2025, 2026
Aug 11 (Reuters) - Goldman Sachs maintained its price forecast for Title Transfer Facility (TTF) gas at 37 euros per megawatt hour (MWh) for the balance of 2025 and at 30 euros per MWh for 2026, it said in a research note on Monday.Reuters
Tue, Aug 12
WTI recovers above $63.00 as Russia shrugs off US deadline to avoid sanctions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.35 during the early Asian trading hours on Tuesday. The WTI recovers some lost ground as Russia ignores the US deadline to end its war with Ukraine.
Fxstreet
Tue, Aug 12
NextDecade secures $1.8 billion from TotalEnergies, GIP for Rio Grande LNG project
NextDecade awaits supplemental environmental approval for Train 4TotalEnergies invests $300 million for 10% stake in Train 4TotalEnergies declines long-term contract for NextDecade's proposed Train 5 Aug 11 (Reuters) - U.S. liquefied natural gas developer NextDecade NEXT.O will receive up to ...Reuters
Tue, Aug 12
ANALYSIS-India's ethanol drive imperils its push for edible oil self-sufficiency
India diverts rice, corn to achieve ethanol blending targetsGrain-based ethanol-making yields protein-rich byproduct DDGSCheaper DDGS replaces oilmeals, reducing oilseed pricesOilseed price drop prompts farmers to shift to other cropsLower oilseed output to lift India's edible oil importsBy Raje...Reuters
Tue, Aug 12
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Aug 12 (Reuters) - Contract Target Support/Resistance Brent oil $66.91/$67.78/$69.20sup $66.20/$65.49/$64.61Palm oil (3rd month)4,333 ringgitres 4,388/4,421 ringgitWTI* $64.74/$65.53sup $63.46/$62.66/$61.38Spot gold$3,368sup $3,342/$3,322LME ...Reuters
Mon, Aug 11
CIF/FOB Gulf Grain-Soybean barge basis higher, corn mostly steady
Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals ticked higher on Monday, while corn basis bids were generally steady, traders said.Condition ratings for U.S. corn and soybean crops eased in a weekly U.S. Department of Agriculture report on Monday, though farmers were still expe...Reuters
Mon, Aug 11
LIVESTOCK-CME cattle rebound on discount to cash market, firm beef prices
By Karl PlumeCHICAGO, Aug 11 (Reuters) - Chicago Mercantile Exchange live cattle ended higher on Monday in a modest rebound from steep losses in the previous trading session, supported by strong beef prices and futures' discount to cash cattle values.Spot August live cattle LCQ25 posted some of ...Reuters
Mon, Aug 11
Chemicals maker Celanese's dour profit forecast sends shares tumbling
Aug 11 (Reuters) - Chemicals maker Celanese CE.N forecast third-quarter profit below estimates on Monday, anticipating waning demand across most of its key markets in the second half of the year, sending its shares down 14.6% in extended trading.The chemical industry has been struggling with higher ...Reuters
Mon, Aug 11
CANADA-CRUDE-Discount on Western Canada Select widens
Aug 11 (Reuters) - The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures CLc1 widened on Monday.WCS for September delivery in Hardisty, Alberta, settled at $12.25 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $12....Reuters
Mon, Aug 11
Albemarle operating chief Netha Johnson to leave company
Aug 11 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium for rechargeable batteries, said on Monday that Chief Operating Officer Netha Johnson will leave the company.Albemarle did not provide a timeline for Johnson's exit. A company spokesperson declined to comment on the ...Reuters
Mon, Aug 11
Brazilian businessman Nelson Tanure may give up on Braskem deal
By Luciana Magalhaes SAO PAULO, Aug 11 (Reuters) - Brazilian businessman Nelson Tanure may give up on his bid to acquire a controlling stake in Latin America's largest petrochemical firm Braskem as his exclusive negotiations window nears closing without an agreement to resolv...Reuters
Mon, Aug 11
US Plains HRW Wheat-Basis steady as futures tick up
CHICAGO, Aug 11 (Reuters) - Spot basis bids for hard red winter wheat were steady in a spot check of locations in the southern U.S. Plains on Monday as futures firmed slightly. Wheat futures traded near flat, gaining some support from a rally in soybeans but pressured by large global supplies.GRA/ ...Reuters
Mon, Aug 11
Air Canada pay talks intensify as cabin crew protest, threaten strike
Cabin crew protest unpaid work at Canadian airportsUnion seeks pay for non-flight tasks, higher wages for new recruitsAir Canada said it would make attendants best paid in CanadaBy Allison Lampert and Wa Lone MONTREAL/TORONTO Aug 11 (Rtrs) - Hundreds of cabin crew members took their fight to majo...Reuters
Mon, Aug 11
US Cash Crude-Sour grades weaken on narrower WTI/Brent spread
Aug 11 (Reuters) - U.S. sour crude grade differentials weakened on Monday, dealers said, as the spread between U.S. crude futures and global benchmark Brent narrowed. U.S. crude futures' discount to Brent narrowed to minus $3.52 a barrel. A narrower spread makes U.S. grades less attractive to fo...Reuters
Mon, Aug 11
US soybean prices jump after Trump urges China to quadruple orders
China-US tariff truce extended, White House saysAnalysts say quadrupling soybean orders is 'highly unlikely'By Ella Cao, Lewis Jackson, Chandni Shah and Tom Polansek Aug 11 (Reuters) - U.S. soybean prices soared to a two-week high on Monday after President Donald Trump urged China to quad...Reuters
Mon, Aug 11
FGI Industries' Q2 revenue misses estimates
OverviewFGI Q2 revenue rises 5.5% y/y but misses analyst expectations, per LSEG dataAdjusted net loss of $1.2 mln misses analyst estimates, per LSEG dataGross margin declines 240 bps due to ongoing tariff environmentOutlookFGI Industries reiterates fiscal 2025 revenue guidance of $135-145 mlnCompany...Reuters
Mon, Aug 11
GRAINS-Soybeans rally after Trump urges China to buy more US beans
By Karl Plume CHICAGO, Aug 11 (Reuters) - U.S. soybean futures rallied to a two-week high on Monday after U.S. President Donald Trump said he hoped China would quadruple its soybean buying from the United States and as forecasts of hot, dry U.S. weather sparked some concern about yields.Corn and ...Reuters
Mon, Aug 11
