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Silver Price Forecast: XAG/USD holds near $33.50 as US debt fears fuels haven demand
Silver price extended its rally to three days on Wednesday, edging up 0.21% as the Greenback continued to weaken across the board. Moody’s downgrade to US sovereign debt and the vote of the US fiscal budget, keeps investors seeking safety in the precious metal.
Silver
Fxstreet
Wed, May 21
US Cash Crude-Mars weakens to four month lows in volatile roll trade period
May 21 (Reuters) - Mars tumbled on Wednesday to four-month lows, dealers said, the first day of roll trade and as investors worried about demand for the oil amid increased OPEC+ output and reports that the U.S. government is set to extend Chevron's CVX.N deadline to halt its operations in Venezu...
Reuters
Wed, May 21
Mosaic Co - On May, 16 Co Enters Amended And Restated Credit Agreement - SEC Filing
Mosaic Co MOS.N:MOSAIC CO - ON MAY, 16 CO ENTERS AMENDED AND RESTATED CREDIT AGREEMENT - SEC FILINGMOSAIC CO - CREDIT FACILITY UP TO $2.5 BILLION - SEC FILINGMOSAIC CO - CREDIT FACILITY MATURITY EXTENDED TO MAY 16, 2030 - SEC FILINGSource text: [ID:n0001628280-25-027098]
Reuters
Wed, May 21
US redirects Puerto Rico solar power funds to oil plants
By Timothy Gardner WASHINGTON, May 21 (Reuters) - The Trump administration will halt funding of $365 million awarded during the previous administration for rooftop solar power in Puerto Rico and redirect it to fossil fuel burning plants and maintenance of infrastructure, it said on Wednesday. P...
Reuters
Wed, May 21
LIVESTOCK-CME live cattle futures climb as wholesale US beef prices firm
By P.J. HuffstutterCHICAGO, May 21 (Reuters) - Chicago Mercantile Exchange live cattle firmed on Wednesday as wholesale prices continued to rise and consumer demand for beef has stayed strong amid the U.S. grilling season, market analysts said.CME feeder cattle futures mostly ticked lower, with pric...
Reuters
Wed, May 21
South Africa's trade minister: submitted proposal to US on trade and investment
WASHINGTON, May 21 (Reuters) - South Africa's trade minister Parks Tau said on Wednesday that the South African government had submitted a proposal to the United States on trade and investment.The proposal included buying liquefied natural gas (LNG) from the U.S. which was positively received, T...
Reuters
Wed, May 21
South Africa, US will discuss critical minerals, Ramaphosa says
WASHINGTON, May 21 (Reuters) - South Africa and the United States will discuss the issue of critical minerals, President Cyril Ramaphosa said on Wednesday, after a meeting with U.S. President Donald Trump in the White House.South Africa made it clear during the talks with Trump that it had up to nin...
Reuters
Wed, May 21
Suncor Reports Flare Replacement Project At Montreal Refinery In Coming Weeks
May 21 (Reuters) - Suncor Energy Inc SU.TO:REPORTS IT WILL BE ERECTING METAL STRUCTURES AT MONTREAL REFINERY IN COMING WEEKS AS PART OF FLARE REPLACEMENT PROJECTREFINERY CAPACITY: 137,000 BARRELS PER DAYSOURCE: NOTICE POSTED ON AIEM
Reuters
Wed, May 21
Honeywell Close To Securing Johnson Matthey Catalyst Unit In 1.8 Billion STG Deal - FT
May 21 (Reuters) - HONEYWELL CLOSE TO SECURING JOHNSON MATTHEY CATALYST UNIT IN £1.8BN DEAL - FTJOHNSON MATTHEY’S CATALYST TECHNOLOGIES UNIT IS EXPECTED TO BE COMBINED WITH HONEYWELL’S UOP BRAND- FTHONEYWELL CLOSE TO SECURING JOHNSON MATTHEY CATALYST UNIT IN £1.8BN DEAL - FTSource text: https://tiny...
Reuters
Wed, May 21
WTI Crude Oil faces major resistance at $62.00
Oil prices have been under persistent pressure since the inauguration of US President Donald Trump in January, weighed down by a combination of recession fears, rising global supply, and a softer US Dollar.
WTI
Fxstreet
Wed, May 21
Brazil state Tocantins rules out bird flu in commercial flock
Santa Catarina commercial farm case remains under investigation for bird fluMeat lobby seeks permission to use more cold storage space at portsWOAH recommends disease controls on only affected regions to allow tradeBy Ana Mano and Sybille de La Hamaide SAO PAULO/PARIS, May 21 (Reuters) - Prelimin...
Reuters
Wed, May 21
Turkey in nuclear plant talks with Candu, energy minister says
By Nevzat DevranogluSIRNAK, Turkey, May 21 (Reuters) - Turkey is in talks with Canada's Candu Energy and other companies regarding plans to build its second and third nuclear power plants, Turkish Energy Minister Alparslan Bayraktar said.Speaking to reporters during a visit to southeast Turkey o...
Reuters
Wed, May 21
Oil prices fall on news that US-Iran will hold nuclear talks
Next round of Iran-US talks to take place on May 23 in RomeUS intelligence suggests Israel plans to strike Iran, CNN saysUS-Iran nuclear talks show little progressUS crude, fuel stocks up, EIA saysBy Stephanie Kelly NEW YORK, May 21 (Reuters) - Oil prices settled lower on Wednesday, after Oman...
Reuters
Wed, May 21
ICE canola futures move little in light trading
WINNIPEG, Manitoba, May 21 (Reuters) - ICE canola futures moved little on Monday on a quiet day in the vegoils markets.• July canola RSN5 settled down $2.30 at $716 per metric ton. November RSX5 settled up $5.00 at $686, further tightening the old-crop/new-crop spread.• Traders said the market is su...
Reuters
Wed, May 21
GRAINS-Chicago wheat futures prices surge amid weaker dollar, short-covering
Corn prices rise amid forecasts of tight new-crop global stocks-to-use ratioSoybeans supported by Argentina crop concernsBy P.J. Huffstutter CHICAGO, May 21 (Reuters) - Chicago wheat futures extended gains on Wednesday, at one point rising to a one-month high, amid support by a weaker dollar and ...
Reuters
Wed, May 21
Johnson Matthey Confirms Advanced Discussions For Possible Sale Of Catalyst Technologies Business
May 22 (Reuters) - Johnson Matthey PLC JMAT.L:JOHNSON MATTHEY: CONFIRMS IT IS IN ADVANCED DISCUSSIONS REGARDING POSSIBLE SALE OF JM'S CATALYST TECHNOLOGIES BUSINESS
Reuters
Wed, May 21
CBOT wheat extends gains, touches one-month high on short-covering
CHICAGO, May 21 (Reuters) - Chicago Board of Trade wheat futures extended gains on Wednesday and touched a one-month high at one point, supported by a weaker dollar and short-covering encouraged by production concerns, market analysts said.CBOT July soft red winter wheat WN25 settled up 3-1/4 cents ...
Reuters
Wed, May 21
US natgas prices slide 2% on smaller-than-expected decline in output
US LNG export feedgas hit record high in AprilUS gas output hit record high in AprilUS gas storage about 3% over five-year normalBy Scott DiSavino May 21 (Reuters) - U.S. natural gas futures slid about 2% on Wednesday on a smaller-than-expected decline in daily output so far this month, after a 1...
Reuters
Wed, May 21
CBOT soybeans firm on US planting delays, Argentina crop concerns
CHICAGO, May 21 (Reuters) - Chicago Board of Trade soybean futures rose to a nearly one-week high on Wednesday, supported by market concerns that heavy rains may have damaged soy crops in Argentina - the largest exporter of soymeal, traders said.Soybeans also turned higher on U.S. Midwest planting d...
Reuters
Wed, May 21
CBOT corn futures hit 2-week high, following wheat higher
CHICAGO, May 21 (Reuters) - Chicago Board of Trade corn futures rose to a two-week high on Wednesday, following wheat futures, as traders closely tracked progress of the U.S. crop set to be harvested this fall, market analysts said.Rains across much of the U.S. Midwest delayed planting and stoked co...
Reuters
Wed, May 21
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