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CBOT Trends-Wheat up 1-2 cents, corn up 1-2, soy up 1-3
CHICAGO, Dec 11 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Thursday. WHEAT - Up 1 to 2 cents per bushelWheat futures rebounded on Thursday, supported by a weaker dollar, having falle...
Reuters
Thu, Dec 11
La Nina expected to persist briefly before transition to ENSO-neutral in early 2026, US CPC says
Dec 11 (Reuters) - La Nina is forecast to persist for the next month or two, with a transition to ENSO-neutral conditions likely between January and March 2026, carrying a 68% probability, the U.S. Climate Prediction Center (CPC) said on Thursday."Even after equatorial Pacific SSTs (Sea Surface ...
Reuters
Thu, Dec 11
Suncor projects higher 2026 oil and gas output, trims budget
Dec 11 (Reuters) - Suncor Energy SU.TO on Thursday forecast lower spending in 2026 despite higher oil and gas production, as it ramps up output from its oil sands operations, tightens costs and boosts shareholder returns with an expanded buyback program.Suncor's outlook mirrors those of peers Ca...
Reuters
Thu, Dec 11
Trafigura, Gupta lawyers trade blame over metals fraud as trial winds up
By Eric Onstad LONDON, Dec 11 (Reuters) - Commodity trader Trafigura told London’s High Court on Thursday that Indian businessman Prateek Gupta had woefully failed to show its employees knew of or took part in a $600 million metals fraud, as lawyers made closing arguments in a long-running case.G...
Reuters
Thu, Dec 11
Kosmos Energy says Senegal has no plans to nationalize Yakaar-Teranga project
Dec 11 (Reuters) - Kosmos Energy KOS.N said on Thursday that Senegal's energy ministry has confirmed that the country has no intention to nationalize the company's Yakaar-Teranga project.
Reuters
Thu, Dec 11
Chile raises mining investment forecast through 2034 to $105 billion
SANTIAGO, Dec 11 (Reuters) - Chile's mining investment is expected to reach $104.549 billion from this year through 2034, state-run agency Cochilco said on Thursday, up 26% from last year's forecast. Chile is the world's largest producer of copper and second-largest of lithium, a key ing...
Reuters
Thu, Dec 11
Torrential rain flooded Gaza tents and a baby died of exposure, medics say
Families forced to flee flooded tents at nightGaza officials say they lack equipment to manage the floods1.5 million Gazans are displaced, tents and shelter neededDistraught mother says her baby died of cold suddenlyBy Nidal al-Mughrabi and Ramadan Abed CAIRO/GAZA, Dec 11 (Reuters) - Torrential r...
Reuters
Thu, Dec 11
EXCLUSIVE-Lukoil leans towards Xtellus' cashless bid for its foreign assets
US Treasury extends Lukoil sale deadline to January 17US approval is needed for any deal Russian presidential approval may be requiredGlobal portfolio is valued at $22 billionBy Dmitry Zhdannikov LONDON, Dec 10 (Reuters) - Russia's Lukoil favours U.S. bank Xtellus Partners' bid for its gl...
Reuters
Thu, Dec 11
GRAINS-Wheat bounces after selloff triggered by USDA's output estimates
CANBERRA/PARIS, Dec 11 (Reuters) - U.S. wheat futures rebounded on Thursday, supported by a weaker dollar, having fallen nearly 1% in the previous session after the U.S. Department of Agriculture raised its global output estimates, cementing expectations for ample supply. Corn also bounced ba...
Reuters
Thu, Dec 11
Brazil crop agency cuts 2025/26 soy output forecast
By Ana ManoSAO PAULO, Dec 11 (Reuters) - Brazilian crop agency Conab lowered the country's 2025/26 soybean production forecast by around 550,000 metric tons on Thursday to 177.12 million tons, still a record if the projection is confirmed. The agency cited irregular rainfall in some areas last m...
Reuters
Thu, Dec 11
Wood Group Wins 10-Year Maintenance Contract For Rio Grande LNG
Dec 11 (Reuters) - John Wood Group PLC WG.L:WOOD GROUP (JOHN)PLC - MAINTENANCE CONTRACT FOR RIO GRANDE LNG FACILITYWOOD PLC - WINS 10-YEAR MAINTENANCE CONTRACT FOR RIO GRANDE LNGWOOD PLC - CONTRACT TO CREATE OVER 100 NEW JOBS IN TEXAS
Reuters
Thu, Dec 11
RPT-ROI-India imports more Russian crude, but mix of buyers shifts: Russell
Reuters Open Interest (ROI) https://www.reuters.com/commentary/reuters-open-interest/ is your essential source for global financial commentary. By Clyde Russell LAUNCESTON, Australia, Dec 11 (Reuters) - India's crude oil imports from Russia are on track to climb to a six-month high in Decembe...
Reuters
Thu, Dec 11
GE Vernova And Seatrium Secure A Major Contract From Tennet To Connect North Sea Wind Power To Germany’s Grid
Dec 11 (Reuters) - GE Vernova Inc GEV.N:GE VERNOVA AND SEATRIUM SECURE A MAJOR CONTRACT FROM TENNET TO CONNECT NORTH SEA WIND POWER TO GERMANY’S GRIDGE VERNOVA INC - CONTRACT SECURED FOR BALWIN5, TENNET’S 2.2-GIGAWATT OFFSHORE GRID CONNECTION, EXPECTED TO POWER ABOUT 2.75 MILLION HOUSEHOLDSSource te...
Reuters
Thu, Dec 11
Asante Provides Financial And Operating Results For The Quarter Ended October 31, 2025
Dec 11 (Reuters) - Asante Gold Corp ASE.V:ASANTE PROVIDES FINANCIAL AND OPERATING RESULTS FOR THE QUARTER ENDED OCTOBER 31, 2025ASANTE GOLD CORP - PRODUCED 37,333 GOLD EQUIVALENT OUNCES IN Q3 2025ASANTE GOLD CORP: EXPECTS TO PRODUCE BETWEEN 215,000 - 245,000 OUNCES OF GOLD AT BIBIANI MINE IN 2026ASA...
Reuters
Thu, Dec 11
Hungary to buy more Azeri gas, MOL close to upstream deal, foreign minister says
BUDAPEST, Dec 11 (Reuters) - Hungary signed a framework agreement with Azerbaijan for the purchase of up to 800 million cubic meters of natural gas over two years, Hungary's Foreign Minister Peter Szijjarto told a briefing on Thursday. The deal between Hungary's state-owned MVM and Azerbaij...
Reuters
Thu, Dec 11
Gold consolidates with Fed caution keeping bulls in check
Gold (XAU/USD) eases slightly on Thursday as investors reassess the Federal Reserve’s monetary policy outlook after the latest interest rate cut.
Gold
Fxstreet
Thu, Dec 11
Chile raises mining investment forecast through 2034 to $105 billion
SANTIAGO, Dec 11 (Reuters) - Chile's mining investment is expected to reach $104.549 billion from this year through 2034, state-run agency Cochilco said on Thursday, up from last year's estimate of about $83 billion through 2033.
Reuters
Thu, Dec 11
WTI Oil slides on Ukraine-Russia peace progress despite Fed cuts, inventory draw
West Texas Intermediate (WTI) US Oil trades around $57.70 on Thursday at the time of writing, down 1.80% on the day.
WTI
Fxstreet
Thu, Dec 11
Repsol To Sell 43.8% Stake In Solar Project To Stonepeak For 220 Mln Euros
Dec 11 (Reuters) - Repsol SA REP.MC:SIGNS NEW AGREEMENT WITH STONEPEAKSTONEPEAK WILL ACQUIRE A 43.8% STAKE IN 629 MW OUTPOST SOLAR PROJECT FOR $252.5 MILLION (€220 MILLION)TRANSACTION IMPLIES AN ASSET VALUATION OF APPROXIMATELY $775 MILLION (€675 MILLION)TRANSACTION TO BE COMPLETED IN COMING MONTHSS...
Reuters
Thu, Dec 11
Cenovus forecasts higher 2026 output after completing MEG takeover
Dec 11 (Reuters) - Cenovus Energy CVE.TO on Thursday set its 2026 capital budget at up to C$5.3 billion ($3.8 billion) and forecast higher 2026 production as the Canadian oil producer integrates its recent purchase of MEG Energy and ramps up growth projects across its oil sands business.The outlook ...
Reuters
Thu, Dec 11
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