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South Korea says timing of U.S. tariff cut on autos not decided
South Korea seeks further talks on U.S. car tariff cutsNo agreement on agriculture market opening, focus on quarantine cooperationTalks on online platform legislation to ensure fair treatment for U.S. tech firms SEOUL, Aug 6 (Reuters) - South Korea's Industry Minister Kim Jung-kwan said on We...Reuters
Wed, Aug 6
Russian, Chinese navies to conduct joint patrols in Asia-Pacific, Interfax reports
Aug 6 (Reuters) - Russian and Chinese naval vessels will conduct joint patrols in the Asia-Pacific following recent exercises in the Sea of Japan, Russia's Interfax reported on Wednesday."Crews of the Russian Navy and China's PLA Navy will form a new task group to carry out joint patrol ...Reuters
Wed, Aug 6
METALS-London copper gains on Chile supply woes, but rising stocks cap upside
By Brijesh Patel Aug 6 (Reuters) - London copper prices edged higher on Wednesday, supported by supply concerns after a fatal mining collapse in Codelco [RIC:RIC:COBRE.UL], the world's largest copper producer, though rising inventories on the London Metal Exchange capped gains.Three-month cop...Reuters
Wed, Aug 6
Russian, Chinese ships to conduct joint patrols in Asia-Pacific, Interfax reports
Aug 6 (Reuters) - Russian and Chinese naval vessels will conduct joint patrols in the Asia-Pacific region following recent exercises in the Sea of Japan, Russia's Interfax reported on Wednesday citing the Russian Pacific Feet."Crews of the Russian Navy and China's PLA Navy will form a ne...Reuters
Wed, Aug 6
South Korea, US to hold talks on timing of tariff cut on autos
SEOUL, Aug 6 (Reuters) - South Korea's Industry Minister said on Wednesday that Seoul needs to hold further discussions with Washington on the timing of the promised tariff cuts on South Korea's car exports to the U.S. from the current 25%.President Donald Trump said last week the U.S. will ...Reuters
Wed, Aug 6
Oil prices rebound from 5-week low on Trump threats on Russian crude buyers
Oil prices rebound amid supply disruption concernsOPEC+ plans September output hike of 547,000 barrels per dayIndia vows to protect economic interests against Trump's tariff threatsBy Yuka Obayashi TOKYO, Aug 6 (Reuters) - Oil prices climbed on Wednesday, rebounding from a five-week low in th...Reuters
Wed, Aug 6
WTI recovers to above $65.50 as US crude inventories drop
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.65 during the early Asian trading hours on Tuesday. The WTI recovers some lost ground after the American Petroleum Institute (API) showed US crude oil inventories fell last week.
Fxstreet
Wed, Aug 6
GRAINS-Wheat holds just above 5-year lows amid speculator selling
CANBERRA, Aug 6 (Reuters) - Chicago wheat futures steadied just above five-year lows on Wednesday, after plunging around 7% in the last two weeks as seasonal supply pressure from Northern Hemisphere harvests and falling corn prices triggered selling by speculators. Corn and soybean futures inched l...Reuters
Wed, Aug 6
CANADA-CRUDE-Discount on Western Canada Select widens
Aug 5 (Reuters) - The discount on Western Canada Select to the North American benchmark West Texas Intermediate futures CLc1 widened on Tuesday.WCS for September delivery in Hardisty, Alberta, settled at $11.75 a barrel under the U.S. benchmark WTI, according to brokers, compared with $11.70 a barre...Reuters
Tue, Aug 5
Mosaic misses quarterly profit estimates as costs weigh, shares fall
Aug 5 (Reuters) - Fertilizer producer Mosaic MOS.N reported second-quarter adjusted earnings below Wall Street estimates on Tuesday, as higher costs weighed against gains from stronger potash prices and robust sales in Brazil.Shares of the company fell about 7% in after-hours trading.Prices for key ...Reuters
Tue, Aug 5
Devon Energy misses quarterly profit estimates, signs gas supply deals
By Vallari Srivastava Aug 5 (Reuters) - Shale producer Devon Energy DVN.N on Tuesday narrowly missed Wall Street estimate for second-quarter profit and said it had signed two natural gas supply deals amid growing demand for the fuel.The company will supply 50 million cubic feet per day of natgas...Reuters
Tue, Aug 5
Suncor Energy tops quarterly profit estimates on higher production
Aug 5 (Reuters) - Canadian oil producer Suncor Energy SU.TO exceeded analysts' second-quarter profit expectations on Tuesday, as higher output helped offset the impact of weak commodity prices.Even as volatility in oil prices drives the broader energy industry into a downturn, Canada's oil s...Reuters
Tue, Aug 5
Mosaic Co Outlook FY Phosphate Production Volumes 6.9 - 7.2 Million Tonnes
Aug 5 (Reuters) - Mosaic Co MOS.N:MOSAIC CO OUTLOOK FY PHOSPHATE PRODUCTION VOLUMES 6.9 - 7.2 MILLION TONNESMOSAIC CO OUTLOOK FY TOTAL CAPEX $1.2 BILLION - $1.3 BILLIONMOSAIC CO OUTLOOK Q3 PHOSPHATE SALES VOLUMES 1.8-2.0 MILLION TONNESSource text: [ID:n0001628280-25-037916]Reuters
Tue, Aug 5
US Cash Crude-Grades fall as market braces for more OPEC+ barrels
Aug 5 (Reuters) - Grades fell on Tuesday, dealers said, as the market braced itself for more OPEC+ barrels to enter the market next month, but losses were curbed as domestic crude stocks fell. The Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, agreed on Su...Reuters
Tue, Aug 5
Oil prices fall as OPEC+ output hikes counter Russia disruption concerns
Brent and US crude fall to lowest in five weeksOPEC+ output hike, demand worries add to oversupply outlookTrump again threatens India with high tariffs over Russian oil purchasesComing Up: US oil inventory from EIABy Nicole Jao NEW YORK, Aug 5 (Reuters) - Oil prices slipped on Tuesday as rising O...Reuters
Tue, Aug 5
FACTBOX-Three years into war, US and Europe keep billions in trade with Russia
Aug 5 (Reuters) - Three years after Russian President Vladimir Putin launched his full-scale invasion of Ukraine, the United States and European Union still import billions of euros worth of Russian energy and commodities, ranging from liquefied natural gas to enriched uranium. India this week lashe...Reuters
Tue, Aug 5
LIVESTOCK-Cattle futures higher on surging beef prices, tight supply
By Heather Schlitz CHICAGO, Aug 5 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures rose on Tuesday on surging boxed beef prices and continued tightness in the U.S. cattle supply, analysts said.Industry experts said strong boxed beef prices continue to be a welcome signal of ...Reuters
Tue, Aug 5
Parkland Corp's Q2 adjusted EBITDA beats estimates, hits record
OverviewParkland Q2 revenue misses analyst expectations, adjusted EBITDA beats estimatesAdjusted net income for Q2 beats analyst expectations, per LSEG dataSunoco transaction advances, expected to close in Q4 2025OutlookParkland maintains 2025 Adjusted EBITDA guidance of C$1.8 bln to C$2.1 blnCompan...Reuters
Tue, Aug 5
Suncor Energy tops second-quarter profit estimates
Aug 5 (Reuters) - Suncor Energy SU.TO exceeded analysts' second-quarter profit expectations on Tuesday, as the Canadian oil producer benefited from higher output.The Calgary, Alberta-based company reported an adjusted profit of 71 Canadian cents per share for the three months ended June 30, beat...Reuters
Tue, Aug 5
