News
Important Only
Trump administration to dissolve key climate research agency
Move is latest effort to gut climate-related researchAgency says cuts would deprive US of competitive advantageBy Valerie VolcoviciWASHINGTON, Dec 17 (Reuters) - The Trump administration said on Tuesday evening it will dissolve a key federal climate science research center in Colorado, its latest ef...Reuters
Wed, Dec 17
Global lithium prices spike but remain below 2024 average, says Chile's Cochilco
SANTIAGO, Dec 17 (Reuters) - Global lithium carbonate prices have risen significantly in recent weeks due to increased uncertainty over supplies and an improved outlook for future demand, though they remain below last year's average, Chilean state agency Cochilco said in a report on Wednesday.On...Reuters
Wed, Dec 17
US allows oil sales from Russia's Sakhalin-2 project through June 18
WASHINGTON, Dec 17 (Reuters) - The U.S. Treasury allowed oil sales from Russia's Sakhalin-2 project through June 18 next year, a move that likely allows production of liquefied natural gas from the project to continue. The move is important for U.S. ally Japan, which gets about 9% of its LNG fro...Reuters
Wed, Dec 17
Outokumpu Completes Personnel Negotiations In Finland, Sweden And Germany
Dec 17 (Reuters) - Outokumpu Oyj OUT1V.HE:OUTOKUMPU COMPLETES PERSONNEL NEGOTIATIONS IN FINLAND, SWEDEN AND GERMANYIN TOTAL, RESTRUCTURING PROGRAM IS EXPECTED TO IMPACT APPROXIMATELY 650 FULL-TIME POSITIONS BY END OF 2027TO RECORD EUR 35 MILLION RESTRUCTURING PROVISION IN Q4 2025TO RECORD A RESTRUCT...Reuters
Wed, Dec 17
US natural gas futures rise 3% on strong LNG export flows
Near-record gas flows to LNG export plants boost futuresMilder weather forecasts reduce natural gas demandRecord gas output allows for ample storageGlobal gas prices fall amid mild winter, Ukraine peace hopesBy Scott DiSavino NEW YORK, Dec 17 (Reuters) - U.S. natural gas futures climbed about 3% ...Reuters
Wed, Dec 17
CBOT Trends-Wheat flat-down 1 cent, corn flat-up 2 cents, soy mixed
CHICAGO, Dec 17 (Reuters) - 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. CST (1430 GMT) on Wednesday: WHEAT - Steady to down 1 cent per bushelCBOT wheat Wv1 faced pressure from plentiful world supplies after droppi...Reuters
Wed, Dec 17
SOFTS-Arabica coffee hits near three-month low, cocoa extends recovery
LONDON, Dec 17 (Reuters) - Arabica coffee futures on the ICE exchange hit near three-month lows on Wednesday as export sales pick up in top grower Brazil amid an improved 2026 production outlook, while cocoa extended its recovery. COFFEEArabica coffee KCc2 was down 0.2% at $3.5140 per lb at 1400...Reuters
Wed, Dec 17
Venezuela's PDVSA resuming oil cargo deliveries after cyberattack, sources say
Dec 17 (Reuters) - Venezuela's state-run oil company PDVSA was on Wednesday resuming oil cargo deliveries at its terminals following a cyberattack this week that affected its centralized administrative systems, sources close to its operations said.The company, which is facing the U.S. announceme...Reuters
Wed, Dec 17
FACTBOX-Storms knock out power to over 580,000 homes and businesses in Pacific Northwest
By Scott DiSavino NEW YORK, Dec 17 (Reuters) - Over 580,000 homes and businesses remained without power in the U.S. Pacific Northwest on Wednesday following severe storms overnight, according to data from PowerOutage.us.The hardest-hit utilities included Puget Sound Energy in Washington State wit...Reuters
Wed, Dec 17
Trump to sign order easing restrictions on marijuana this week, media reports say
Dec 17 (Reuters) - U.S. President Donald Trump is expected to sign an executive order on Thursday reclassifying marijuana to ease federal restrictions, according to CNN, which cited a source familiar with the planning and a senior White House official. The official added that the timing could shi...Reuters
Wed, Dec 17
Freeport LNG export plant in Texas to take in more natgas, data shows
NEW YORK, Dec 17 (Reuters) - U.S. liquefied natural gas company Freeport LNG's Texas export plant was set to take in more natural gas on Wednesday, implying that one of its three liquefaction trains has resumed service after shutting down on Tuesday, data from financial firm LSEG showed.The plan...Reuters
Wed, Dec 17
Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade
BERLIN, Dec 17 (Reuters) - Germany has taken note of U.S. President Donald Trump's order to blockade sanctioned oil tankers entering and leaving Venezuela and warned against any steps that would jeopardize peace and security in the region, said a foreign ministry spokesperson."The German gov...Reuters
Wed, Dec 17
GRAINS-Wheat extends losses as ample global supply continues to weigh
CANBERRA/PARIS, Dec 17 (Reuters) - Chicago wheat futures fell for a fourth consecutive session on Wednesday after plunging to eight-week lows the previous day as ample supply and progress in peace talks between Russia and Ukraine triggered selling by speculative investors.Corn futures steadied after...Reuters
Wed, Dec 17
Gold Price Forecast: XAU/USD is showing signs of hesitation above $4.300
Gold (XAU/USD) is posting marginal gains on Wednesday, but price action remains contained within previous ranges. Upside attempts remain capped below all-time highs at $4,350, and bears are contained above the $4,260-$4,270 so far.
Fxstreet
Wed, Dec 17
Nucor Announces Guidance For The Fourth Quarter Of 2025 Earnings
Dec 17 (Reuters) - Nucor Corp NUE.N:NUCOR ANNOUNCES GUIDANCE FOR THE FOURTH QUARTER OF 2025 EARNINGSNUCOR CORP - EXPECTS Q4 EARNINGS BETWEEN $1.65 AND $1.75 PER SHARENUCOR - LOOKING INTO 2026, ENCOURAGED BY BACKLOGS THAT ARE MATERIALLY HIGHER THAN THEY WERE YEAR AGO AT THIS TIMENUCOR CORP - EARNINGS...Reuters
Wed, Dec 17
Gold retreats slightly as US Dollar rebounds
Gold (XAU/USD) trades with a mild positive bias on Wednesday but struggles to build on early gains, as a rebound in the US Dollar (USD) caps upside momentum. At the time of writing, XAU/USD is trading around $4,315, easing back after briefly touching $4,342 during the early European session.Fxstreet
Wed, Dec 17
SOFTS-Arabica coffee hits near three-month low, cocoa extends recovery
LONDON, Dec 17 (Reuters) - Arabica coffee futures on the ICE exchange hit near three-month lows on Wednesday as export sales pick up in top grower Brazil amid an improved 2026 production outlook, while cocoa extended its recovery. COFFEEArabica coffee KCc2 fell 0.5% to $3.5390 per lb at 1109 GMT...Reuters
Wed, Dec 17
