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US natgas prices drop 4% to nine-month low on record output, cooler weather
Gas stockpiles at 6% above normal levels, and risingRecord output and ample stockpiles lead to price slideHurricane Erin unlikely to impact US gas productionLNG export feedgas falls due to plant reductionsBy Scott DiSavino Aug 19 (Reuters) - U.S. natural gas futures fell about 4% to a nine-month ...Reuters
Tue, Aug 19
India's Russian oil imports dip in July, skips LatAm supply, data shows
India's July oil imports lowest since Sept 2023Share of OPEC's oil rises in JulySkips LatAm oil imports for the 1st time at least since 2011 By Nidhi Verma NEW DELHI, Aug 19 (Reuters) - India's Russian oil imports declined in July after jumping the previous month as some refiners slow...Reuters
Tue, Aug 19
CBOT Trends-Corn and wheat down 3-5 cents, soybeans steady-down 2
CHICAGO, Aug 19 (Reuters) - The 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. CDT (1330 GMT) on Tuesday. WHEAT - Down 3 to 5 cents per bushelWheat futures Wv1 lower on ample global supplies and spillover pressure fr...Reuters
Tue, Aug 19
Peabody scraps $3.8 billion bid for Anglo American's coal mines
Peabody had sought to renegotiate deal after mine fire Anglo says to seek damages for wrongful terminationPeabody shares up more than 6% in premarket trade LONDON, Aug 19 (Reuters) - Peabody Energy BTU.N on Tuesday withdrew its $3.78 billion bid for Anglo American's AAL.L Australian coking co...Reuters
Tue, Aug 19
Freeport LNG in Texas recovers from brief reduction, gas intake rises, LSEG data shows
Aug 19 - U.S. company Freeport LNG's export plant in Texas was on track to take in more natural gas on Tuesday, a sign that one of its liquefaction trains was resuming operations after an outage that started on Sunday, according to a company filing with state regulators and data from financial c...Reuters
Tue, Aug 19
NHC downgrades Erin to Category-2 hurricane
Aug 19 (Reuters) - Erin has weakened to a Category 2 hurricane but is expected to grow larger as it moves over the western Atlantic through the week, the U.S. National Hurricane Center said on Tuesday.The hurricane is about 720 miles (1,155 km) south-southeast of Cape Hatteras, North Carolina, with ...Reuters
Tue, Aug 19
Gold consolidates amid easing yields, soft US Dollar and geopolitical caution
Gold (XAU/USD) is trading with a steady bias on Tuesday, recovering modestly from an overnight dip as investors digest Monday's White House summit between US President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and key European leaders.
Fxstreet
Tue, Aug 19
FACTBOX-US utilities on dealmaking spree to blockbuster 2025
Aug 19 (Reuters) - With electricity demand in the United States set to hit record highs over the next two years, utilities are doubling down on assets that can boost their power generation capacity while shedding others to fund their massive spending plans.The dealmaking spree comes as the industry ...Reuters
Tue, Aug 19
RPT-COLUMN-War or peace? For oil markets, the Ukraine outcome is insignificant: Bousso
Trump's high-stakes diplomacy unlikely to lead to western sanctions easingEurope won't change goal to phase out Russian oil and gas by 2027 with Putin in powerSecondary US tariffs on China unlikely to have significant effectBy Ron Bousso LONDON, Aug 19 (Reuters) - U.S. President Donald Tr...Reuters
Tue, Aug 19
Anglo American Says Will Initiate Arbitration For Wrongful Deal Termination By Peabody
Aug 19 (Reuters) - Anglo American PLC AAL.L:ANGLO AMERICAN PLC - ANGLO AMERICAN UPDATE ON SMC SALE PROCESSANGLO AMERICAN PLC - FOCUSES ON SAFE RESTART OF MORANBAH NORTHANGLO AMERICAN PLC - TO INITIATE ARBITRATION FOR WRONGFUL TERMINATIONANGLO AMERICAN PLC - SAYS MORANBAH NORTH EVENT NOT A MATERIAL ...Reuters
Tue, Aug 19
Freeport LNG in Texas on track to return to full power on Tuesday, LSEG data shows
Aug 19 - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Tuesday, in a sign that one of its liquefaction trains exited a short-term outage that started on Sunday, according to a company filing with state regulators and data from...Reuters
Tue, Aug 19
GRAINS-Chicago wheat and corn fall as supply pressures persist
PARIS/BEIJING, Aug 19 (Reuters) - Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and latest talks to end the war in Ukraine, while corn eased as strong yield projections from a U.S. Midwest field tour maintained supply pressure.Soybeans were little...Reuters
Tue, Aug 19
PRESS DIGEST-Canada - August 19
Aug 19 (Reuters) - The following are the top stories from The Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canadian armoured-vehicle maker Roshel is partnering with Swedish steel producer Swebor to manufacture ballistic-grade steel ...Reuters
Tue, Aug 19
India suspends cotton import duty in signal to US, relief for garment industry
India suspends 11% cotton import duty until Sept. 30 Move follows U.S. tariff hike to 50% on Indian goodsIndustry sought relief; waiver may be extendedSignals India's bid to stay competitive vs China, Bangladesh By Nikunj Ohri and Manoj Kumar NEW DELHI, Aug 19 (Reuters) - India has suspended ...Reuters
Tue, Aug 19
Chinese refiners sweep up Russian oil after Indian demand falls, analysts say
China buys 15 Russian oil cargoes for October-November deliveryIndian demand for Russian oil declines as discounts narrow in JulyTrump threatens retaliatory tariffs against Russian oil buyers By Siyi Liu SINGAPORE, Aug 19 (Reuters) - Chinese refineries have purchased 15 cargoes of Russian oil for...Reuters
Tue, Aug 19
Expanding Erin raises risk of tropical storm winds along Atlantic coast
By Scott VincentAug 19 - (The Insurer) - Hurricane Erin is expected to substantially grow in size as it moves over the western Atlantic over the coming days, the National Hurricane Center has warned.The storm is forecast to remain offshore on a track between the U.S. Atlantic coast and Bermuda, acco...Reuters
Tue, Aug 19
Gold price between Ukraine hopes and waiting for Jackson Hole – Commerzbank
The price of Gold reacted inconclusively yesterday to Friday's summit meeting between the US and Russian presidents in Alaska. The results of the talks that were made public remained too vague to indicate any progress in efforts to end the war in Ukraine.Fxstreet
Tue, Aug 19
