News
Important Only
Natural Gas Pipeline Co. Declares Force Majeure On Compressor Station 343 Located In Liberty County, Texas
July 28 (Reuters) - KINDER MORGAN'S KMI.N NATURAL GAS PIPELINE COMPANY:DECLARES FORCE MAJEURE ON COMPRESSOR STATION 343 LOCATED IN LIBERTY COUNTY, TEXAS (SEGMENT 25 OF NATURAL'S TEXOK ZONE)SAYS CO. IS REQUIRED TO REDUCE THE MAXIMUM OPERATING CAPACITY EASTBOUND INTO SEGMENT 25 FROM SEGMENT 26...Reuters
Mon, Jul 28
CBOT corn sags as US crop weather bolsters yield prospects
CHICAGO, July 28 (Reuters) - Chicago Board of Trade corn futures declined on Monday, with the most-active December contract hitting a two-week low, as weather forecasts for milder temperatures and timely rains this week in much of the Corn Belt fueled expectations for large U.S. harvests, traders sa...Reuters
Mon, Jul 28
Venture Global okays construction of CP2 LNG project, shares rise 5%
Venture Global on track to become biggest U.S. LNG exporterCompany FIDs third project in six yearsThird LNG project to get financial go ahead since return of President Donald Trump By Curtis Williams July 28 (Reuters) - U.S. liquefied natural gas company Venture Global VG.N said on Monday it ...Reuters
Mon, Jul 28
Houthis say they hold 10 crew from Greek-operated ship they sank off Yemen
CAIRO/ATHENS, July 28 (Reuters) - Yemen's Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C which they attacked and sank in the Red Sea earlier this month. The Liberia-flagged Eternity C was the second ship to sink off Yemen this mont...Reuters
Mon, Jul 28
ICE canola futures weaken with soft vegoils, good weather
WINNIPEG, Manitoba, July 28 (Reuters) - ICE canola futures weakened on Monday as some competing vegoils fell and good Canadian weather increased expectations for the crop presently in the field.• November canola RSX5 settled down $4.90 at $695.90 per metric ton. January RSF6 fell $4.60 to $705.80. •...Reuters
Mon, Jul 28
CBOT wheat ends firm on inter-market spreads; KC wheat sags
CHICAGO, July 28 (Reuters) - Chicago Board of Trade wheat futures ended fractionally higher on Monday, gaining against corn, soybeans and other U.S. wheat markets on inter-market spreading, traders said.CBOT September soft red winter wheat WU25 settled up 1/4 cent at $5.38-1/2 per bushel, turning hi...Reuters
Mon, Jul 28
Gold falls for fourth day as US–EU trade deal boosts US Dollar, yields
Gold price extended its losses for the fourth consecutive trading day, down more than 0.60%, as the European Union (EU) and the United States (US) reached a trade agreement over the weekend, reducing duties on EU goods from a proposed 30% to 15%.
Fxstreet
Mon, Jul 28
Oil rises 2% on US-EU trade deal, Trump's shorter deadline for Russia
US, European Union avert trade war with 15% tariff dealTrump reduces deadline for Russia to end war in Ukraine to 10-12 daysOPEC+ panel stresses need for full compliance with output limitsBy Stephanie Kelly NEW YORK, July 28 (Reuters) - Oil prices rose 2% on Monday after a trade deal between the ...Reuters
Mon, Jul 28
PRECIOUS-Gold falls to near 3-week low as US-EU deal boosts risk appetite ahead of Fed meeting
US, EU avert trade war with 15% tariff agreementUS-China to resume tariff talks in Stockholm on TuesdayBullion touches lowest level since July 9By Sherin Elizabeth Varghese July 28 (Reuters) - Gold fell to a near three-week low on Monday as a U.S.-European Union trade accord lifted the dollar and...Reuters
Mon, Jul 28
GRAINS-US corn futures hit two-week low; soy slides, wheat steadies
By Julie Ingwersen CHICAGO, July 28 (Reuters) - U.S. corn futures hit a two-week low on Monday and soybeans also fell as market players continued to brace for large crops and forecasts called for milder, non-threatening weather in the Midwest production belt.U.S. wheat futures pared losses and tu...Reuters
Mon, Jul 28
Mexico's Pemex swings to net profit, helped by peso recovery
MEXICO CITY, July 28 (Reuters) - Mexican state energy company Pemex on Monday reported a net profit of 59.52 billion pesos ($3.17 billion) for the second quarter of this year, helped largely by a more favorable exchange rate. Like most of its Latin American peers, Pemex is essentially a dollar-denom...Reuters
Mon, Jul 28
US Cash Grains-Corn, soy basis bids flat to lower at elevators and processors
CHICAGO, July 28 (Reuters) - Basis bids for corn and soybeans were mostly steady to weaker at elevators and processors in the U.S. Midwest on Monday, but soybean basis bids were steady to higher at some river terminals. The soybean basis fell by 10 cents at a processor in Decatur, Indiana, but held ...Reuters
Mon, Jul 28
Trump eyes 'world tariff' of 15-20% for most countries
TURNBERRY, Scotland, July 28 (Reuters) - President Donald Trump said on Monday most trading partners that do not negotiate separate trade deals would soon face tariffs of 15% to 20% on their exports to the United States, well above the broad 10% tariff he imposed in April.Reuters
Mon, Jul 28
Guyana's oil output fell slightly in June to 664,000 bpd
By Kemol King GEORGETOWN, July 28 (Reuters) - Average crude production in oil-rich Guyana declined to 664,000 barrels per day (bpd) in June from 667,000 bpd the previous month, the government said.Guyana, where all oil and gas output is controlled by a consortium led by U.S. major Exxon Mobil XOM...Reuters
Mon, Jul 28
CORRECTED-Thailand's PTTEP buys 50% of offshore gas block from Chevron for $450 million
SINGAPORE, July 26 (Reuters) - Thai oil and gas giant PTT Exploration and Production (PTTEP) PTTEP.BK has acquired 50% of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) in a $450 million transaction with Chevron CVX.N units.PTTEP said in a statement late on Friday it signed the d...Reuters
Mon, Jul 28
Wine producers in Italy's Valpolicella brace for US tariffs
By Oriana Boselli NEGRAR, Italy, July 28 (Reuters) - Italy's wine producers, already struggling amid a slowing economy and a strengthening euro, face a further challenge after wine and spirits were left out of the U.S.-EU trade deal agreed on Sunday.Discussions are continuing regarding any ta...Reuters
Mon, Jul 28
Oil production in Guyana fell slightly to 664,000 bpd in June, government says
GEORGETOWN, July 28 (Reuters) - Average crude production in oil-rich Guyana declined to some 664,000 barrels per day (bpd) in June from 667,000 bpd the previous month, the government said in a bulletin seen by Reuters on Monday.Reuters
Mon, Jul 28
Europe Gasoline/Naphtha-Gasoline profit margins drop
LONDON, July 28 (Reuters) - Northwest European gasoline profit margins fell by about $2.11 to $11.65 a barrel on Monday on higher inventories. A total of 10,000 metric tons of Eurobob E5 gasoline barges traded, with Trafigura and BP selling to Gunvor, Exxon, TotalEnergies and Aramco.An additional 2,...Reuters
Mon, Jul 28
