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Venture Global sinks as BP's arbitration win renews worries over pending disputes
BP arbitration win surprises after Venture Global's win against ShellPending disputes could lead to $4.8 billion in damagesCalcasieu Pass project delays central to arbitration claimsBy Vallari Srivastava and Curtis Williams Oct 10 (Reuters) - Venture Global VG.N shares plunged nearly 25% on...
Reuters
Fri, Oct 10
US modifies certain port fees and tariffs aimed at China maritime
Oct 10 (Reuters) - The United States Trade Representative said on Friday it would modify certain maritime-related fees ahead of closely-watched port fees on China-linked ships slated to go into effect next week.USTR fees on operators of foreign-built vehicle carriers would be $46 per net ton, as of ...
Reuters
Fri, Oct 10
FACTBOX-Deadly industrial accidents in the United States this century
Oct 10 (Reuters) - Multiple people were killed after an explosion on Friday at a military explosives plant in Tennessee, and 19 people were unaccounted for, officials said.Here are some notable fatal industrial explosions in the United States this century: BP TEXAS CITY REFINERY, 2005Fifteen wor...
Reuters
Fri, Oct 10
CANADA-CRUDE-Discount on Western Canada Select widens
Oct 10 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened on Friday.WCS for November delivery in Hardisty, Alberta, settled at $10.65 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Thursday...
Reuters
Fri, Oct 10
EXCLUSIVE-Venture Global's arbitration settlement announced Oct 9 involved Chinese firm Unipec, sources say
By America Hernandez, Francesca Landini and Curtis WilliamsHOUSTON/PARIS/MILAN/LONDON, Oct 10 (Reuters) - The settlement of an arbitration announced on October 9 by Venture Global VG.N involved Unipec, a trading unit of Chinese state-owned oil and gas firm Sinopec 600028.SS, according to two sources...
Reuters
Fri, Oct 10
ICE canola futures end lower on worries about demand
Oct 10 (Reuters) - ICE canola futures ended lower on Friday on worries about demand as the harvest of a large Canadian crop wound down, while declines in allied global vegetable oil markets, including U.S. soy, added pressure, traders said.ICE November canola RSX5 settled down $9.50 at $607.40 per m...
Reuters
Fri, Oct 10
LIVESTOCK-Feeder cattle hit contract highs on tight supply
By Heather Schlitz CHICAGO, Oct 10 (Reuters) - All Chicago Mercantile Exchange feeder cattle futures and most live cattle futures hit contract highs on Friday on tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border.Live cattle followed...
Reuters
Fri, Oct 10
CBOT corn lower on spillover weakness, harvest pressure
CHICAGO, Oct 10 (Reuters) - Chicago Board of Trade corn futures followed wheat lower on Friday, with harvest pressure from the U.S. Midwest also adding downward momentum to futures. CBOT December corn CZ25 settled 5-1/4 cents lower at $4.13 per bushel. In France, farmers had harvested 37% of the cou...
Reuters
Fri, Oct 10
CBOT wheat lower on ample global supply
CHICAGO, Oct 10 (Reuters) - Chicago Board of Trade wheat futures ticked lower on Friday on global harvest pressure and ample global supply.CBOT December soft red winter wheat WZ25 settled 10 cents lower to end at $4.98-1/2 per bushel.K.C. December hard red winter wheat KWZ25 ended 6-3/4 cents lower ...
Reuters
Fri, Oct 10
CBOT soybeans plunge as Trump warns of higher tariffs on China
CHICAGO, Oct 10 (Reuters) - Chicago Board of Trade soybean futures plummeted on Friday as trade restrictions announced by China and escalating rhetoric from U.S. President Donald Trump cooled hopes of a resolution to a standoff with Washington that has halted soybean shipments.CBOT November soybeans...
Reuters
Fri, Oct 10
GRAINS-Soybeans tumble on doubts over US-China trade progress
Soybeans tumble on waning hopes for US-China trade dealWheat lower on ample global supplyCorn follows wheat lowerBy Heather Schlitz CHICAGO, Oct 10 (Reuters) - Chicago Board of Trade soybean futures plummeted on Friday as trade restrictions announced by China and escalating rhetoric from U.S. Pre...
Reuters
Fri, Oct 10
Brazil to begin construction on TikTok data center in six months, minister says
SAO PAULO, Oct 10 (Reuters) - Construction on a TikTok data center in Brazil will begin in six months, an official said on Friday, with the project expected to bring in some 50 billion reais ($9.11 billion) in investment."Six months from now, we will begin construction to host TikTok's data ...
Reuters
Fri, Oct 10
CIF/FOB Gulf Grain-Soy basis stays largely flat, China dispute worries traders
CHICAGO, Oct 10 (Reuters) - Basis bids were largely steady for soybeans shipped by barge to U.S. Gulf Coast terminals on Friday, traders said, as trade tensions escalated with top importer China. U.S. President Donald Trump said there was no reason to meet with China's President Xi Jinping in tw...
Reuters
Fri, Oct 10
Trump tariff threat pushes oil to five-month low
Brent and WTI crude prices fall to levels last seen in springGaza ceasefire shifts focus to potential oil surplusOPEC production increases, U.S. output seen leading glutBy Erwin Seba HOUSTON, Oct 10 (Reuters) - Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as...
Reuters
Fri, Oct 10
US Cash Crude-Grades mixed as refinery demand falls, rig count slips
Oct 10 (Reuters) - Grades were mixed on Friday, dealers said, as refinery demand weakened while the domestic oil rig count fell. Mexico's national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer Park, Texas, refinery on Thursday to begin a multi-u...
Reuters
Fri, Oct 10
US natgas prices drop 5% to 2-week low on milder weather forecasts
March-April futures spread hits record low, indicating supply confidenceMilder weather forecasts reduce heating demandLNG export feedgas on track to hit monthly record highGas storage levels 4% above normal for this time of yearBy Scott DiSavino Oct 10 (Reuters) - U.S. natural gas futures dro...
Reuters
Fri, Oct 10
OpenAI, Sur Energy weigh $25 billion Argentina data center project
BUENOS AIRES, Oct 10 (Reuters) - OpenAI and Sur Energy have signed a letter of intent for a data center project in Argentina requiring an investment of up to $25 billion, the South American nation's government said on Friday.The project would involve a large-scale facility with a capacity of up ...
Reuters
Fri, Oct 10
China hits back on US port fees with retaliatory levies
China to impose extra port fees on US ships from October 14US to start imposing port fees on Chinese ships on same dayUS-China tensions have started to creep higher since SeptemberBy Ryan Woo, Naveen Thukral and Lisa Baertlein BEIJING/LOS ANGELES, Oct 10 (Reuters) - China will slap port fees on U...
Reuters
Fri, Oct 10
WTI Crude Oil collapses below $60 after Trump reignites US-China trade war fears
West Texas Intermediate (WTI) US Crude Oil prices collapsed below $60.00 per barrel on Friday, tumbling over 4% in Oil’s worst single-day performance since June’s sharp pullback.
WTI
Fxstreet
Fri, Oct 10
RIF notices at Treasury Department have begun, Treasury spokesperson says
Oct 10 (Reuters) - RIF notices have begun at the Treasury Department, a sopkesperson said n Friday, the 10th day of a federal government shutdown.
Reuters
Fri, Oct 10
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