News
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GRAINS-Wheat extends gains on war and weather risks
Black Sea attacks, cold spell in Russia prompt short-coveringCorn and soybeans firm as dollar and oil also supportAmple global supplies still hang over grain marketsBy Daphne Zhang and Gus Trompiz BEIJING/PARIS, Dec 24 (Reuters) - Chicago wheat rose for a fifth session on Wednesday as worries abo...Reuters
Wed, Dec 24
INSIGHT-‘Not a happy Trump supporter’: Cattle ranchers hit by push for lower beef prices
Ranchers shocked by Trump's beef price commentsCattle futures fell, impacting rancher profitsRetail beef prices remain high for consumersBy Tom Polansek CHICAGO, Dec 24 (Reuters) - Gary Vetter was 10 years old when he started feeding cattle at his family's farm. Fifty-five years ...Reuters
Wed, Dec 24
WTI Price Forecast: Climbs to two-week top, above mid-$58.00s amid geopolitical risks
West Texas Intermediate (WTI) US Crude Oil prices touch a nearly two-week high, around the $58.55 region on Wednesday, and look to build on the recent recovery from the lowest level since May, touched last week.
Fxstreet
Wed, Dec 24
Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake, Bloomberg News reports
Dec 24 (Reuters) - Japan's top oil refiner Eneos 5020.T is leading rival bidders for Chevron's CVX.N stake in a Singapore refinery, with a deal nearing completion, though potential delays remain, Bloomberg News reported on Wednesday, citing people familiar with the matter.Chevron, in an emai...Reuters
Wed, Dec 24
TABLE-UAE's Fujairah oil inventory data for week ended December 22
Dec 24 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended December 22, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change f...Reuters
Wed, Dec 24
Russia plans a nuclear power plant on the moon within a decade
Russia plans a power plant on the moonPlant will power joint Russian-Chinese researchRussia working with nuclear corporation on the plan MOSCOW, Dec 24 (Reuters) - Russia plans to put a nuclear power plant on the moon in the next decade to supply its lunar space programme and a joint Russian-Chinese...Reuters
Wed, Dec 24
TABLE-North Sea gas maintenance schedule: Adds Teesside CATS (Culzean) outage
Dec 24 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Wed, Dec 24
Waymo to update software after San Francisco power outage snarls self-driving vehicles
Alphabet GOOGL.O unit Waymo said on Tuesday it will update software used to operate its self-driving vehicles and improve its emergency response protocols after its robotaxis stalled in parts of San Francisco on Saturday due to a widespread power outage that snarled traffic and gridlocked parts of tReuters
Wed, Dec 24
REFILE-Japan's Eneos leads bids for Chevron's Singapore oil refinery stake, Bloomberg News reports
Dec 24 (Reuters) - Japan's top oil refiner Eneos 5020.T is leading rival bidders for Chevron's CVX.N stake in a Singapore refinery, with a deal nearing completion, though potential delays remain, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reuters could not i...Reuters
Wed, Dec 24
PRESS DIGEST-Wall Street Journal - December 24
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - BP BP.L is nearing a sale of a majority stake in its Castrol lubricants business to investment firm Stonepeak in a deal that values the entire division at...Reuters
Wed, Dec 24
GRAINS-Wheat climbs to one-week high ahead of Christmas break
Wheat jumps to highest since December 16 on year-end positioningAmple supplies to limit gains in Chicago wheat pricesBy Daphne Zhang BEIJING, Dec 24 (Reuters) - Chicago wheat gained more ground on Wednesday, climbing to a one-week high on positioning ahead of the Christmas break, although ample s...Reuters
Wed, Dec 24
Mexico's Pemex appoints new head of production unit, internal documents show
By Adriana Barrera MEXICO CITY, Dec 23 - Mexico's state-owned oil company Pemex has appointed Octavio Barrera as the new head of its exploration and production arm, effective Wednesday, CEO Victor Rodriguez announced on Tuesday in an internal company document reviewed by Reuters. Reuters r...Reuters
Wed, Dec 24
Oil edges up on strong US economic growth, supply risks
US economy grew faster than expected in the third quarterWeekly US crude, fuel stocks rose last week - APILoaded supertanker returns to Venezuelan waters amid US interceptions, monitoring service says Dec 24 (Reuters) - Oil prices posted modest rises on Wednesday, extending gains from the previou...Reuters
Wed, Dec 24
Malaysia's Petronas signs LNG supply deal with China's CNOOC
Dec 24 (Reuters) - Malaysian state-owned energy firm Petroliam Nasional IPO-PETO.KL said on Wednesday it would supply Chinese offshore oil and gas company CNOOC 600938.SS with 1 million metric tons per annum of liquefied natural gas (LNG).The agreement between Petronas LNG and CNOOC Gas and Power Si...Reuters
Wed, Dec 24
TECHNICALS-CBOT soybeans neutral in $10.63-1/4 to $10.70-1/2 range
For more technical analyses, please click SINGAPORE, Dec 24 (Reuters) - The CBOT soybean March contract SH26 looks neutral in a narrow range of $10.63-1/4 to $10.70-1/2 per bushel, and an escape could suggest a direction.The contract failed to break resistance at $10.70-1/2. The failure suggests a c...Reuters
Wed, Dec 24
Waymo vows to improve emergency response protocols after San Francisco power outage
WASHINGTON, Dec 23 (Reuters) - Alphabet GOOGL.O unit Waymo said on Tuesday it will expand first responder engagement, improve its emergency response protocols and roll out updates to allow its vehicles to navigate intersections more decisively, following incidents of stalled Waymo robotaxis after a ...Reuters
Wed, Dec 24
