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Oil prices settle higher as investors focus on Trump-Zelenskiy meeting
Zelenskiy and European leaders meet with TrumpUS adviser says if India wants to be a US strategic partner, it has to act like oneDrone attacks disrupt Russian crude flows to Hungary and Slovakia through the Druzhba pipelineBy Nicole Jao NEW YORK, Aug 18 (Reuters) - Oil prices settled 1% higher on...Reuters
Mon, Aug 18
CBOT soybeans lower ahead of crop tour results, demand questions
CHICAGO, Aug 18 (Reuters) - Chicago Board of Trade soybean futures ended lower on Monday after seesawing most of the session as traders awaited the results of this week's ProFarmer crop tour in the U.S. Midwest.The ProFarmer tour will survey corn and soy fields across the U.S. this week.U.S. Pre...Reuters
Mon, Aug 18
CBOT wheat weakens on technical selling
CHICAGO, Aug 18 (Reuters) - Chicago Board of Trade wheat futures ticked lower on technical selling on Monday, though an uptick in export demand has provided underlying support.Export sales of U.S. wheat have remained relatively strong, despite abundant world supplies of the grain.Traders are closely...Reuters
Mon, Aug 18
ICE canola futures limp into new week in lower range
WINNIPEG, Manitoba, Aug 18 (Reuters) - ICE canola futures limped into the new week slightly lower on Monday and within the range that has held since China imposed duties on Canadian canola last Tuesday.• November canola RSX5 fell $9.20 to $651.70 per metric ton. January RSF6 fell $9.40 to $663.30.• ...Reuters
Mon, Aug 18
Holders of Venezuelan bond secure payment pact with Elliott's affiliate, representative says
Bidding reopened through Friday, winner to be recommended this monthMore than two thirds of holders have joined Amber's pact so farGold Reserve could move to strike an alternative bidBy Marianna Parraga HOUSTON, Aug 18 (Reuters) - Holders of a defaulted Venezuelan bond have reached a prelimin...Reuters
Mon, Aug 18
Raisa Energy puts $1.5 billion of US oil and gas assets up for sale, sources say
By David French and Shariq KhanAug 18 (Reuters) - Private investment firm Raisa Energy is selling a package of oil and gas wells across numerous U.S. shale basins that may fetch around $1.5 billion, people familiar with the matter said.The sale, which is in its early stages, is not guaranteed and th...Reuters
Mon, Aug 18
Starlink back up after brief outage in US, Downdetector shows
Aug 18 (Reuters) - Elon Musk's Starlink was back up for users in the U.S. after a brief outage on Monday, according to tracking website Downdetector.com.The outage eased to over 2,800 users reporting issues with the service as of 2:13 p.m. ET, from its peak of over 43,000 incidents, according to...Reuters
Mon, Aug 18
CBOT corn ticks higher as crop tour results awaited
CHICAGO, Aug 18 (Reuters) - Chicago Board of Trade corn futures ended higher on Monday after spending the session seesawing as industry players awaited the results of this week's annual Pro Farmer crop tour in the U.S. Midwest, traders said.The crop tour will estimate corn yields and gauge soybe...Reuters
Mon, Aug 18
US Plains HRW Wheat-Basis bids mostly steady as futures drift lower
CHICAGO, Aug 18 (Reuters) - Spot basis bids for hard red winter wheat held mostly steady around the southern U.S. Plains on Monday in slow trade as futures prices eased, grain merchants said.Farmer sales remained slow on Monday as growers in the southern Plains have locked away their recently harves...Reuters
Mon, Aug 18
Gold consolidates as Fed Minutes and ceasefire speculation cap gains
Gold price traded sideways on Monday as traders await the meeting between Trump, Zelenskiy, and European leaders in Washington following last week's summit between US President Donald Trump and Russian President Vladimir Putin.
Fxstreet
Mon, Aug 18
Citi Says European TTF Gas Could Head To Mid-€20S/Mwh On Potential Russia-Ukraine Deal
Aug 18 (Reuters) - CITI RESEARCH:SAYS EUROPEAN TTF GAS PRICES COULD HEAD TOWARD MID-€20S/MWH ON POTENTIAL RUSSIA-UKRAINE DEALSAYS ITS BASE CASE THAT RUSSIAN PIPED GAS EXPORTS TO EUROPE VIA UKRAINE PROBABILISTICALLY LIKELY TO RESUME IN LATE 2025 LEADS TO BELOW-MARKET BASE CASE FORECAST FOR 2026 TTF A...Reuters
Mon, Aug 18
PRECIOUS-Gold prices steady as investors assess Trump–Zelenskiy meeting
Trump says U.S. would "help out" Europe in providing security to UkrainePalladium gains after hitting lowest level since July 10Powell to speak at Fed's annual conference, scheduled for August 21–23By Noel John Aug 18 (Reuters) - Gold prices were largely steady on Monday, as investors...Reuters
Mon, Aug 18
US court reopens Citgo parent auction for bids, winner to be recommended this month
HOUSTON, Aug 18 (Reuters) - A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final ...Reuters
Mon, Aug 18
Hurricane Erin threatens US east coast and Bermuda with dangerous surf
By Mia MacGregorAug 18 - (The Insurer) - Hurricane Erin is expected to produce life-threatening surf and rip currents along the beaches of the Bahamas, much of the east coast of the U.S., Bermuda and Atlantic Canada in the coming days, according to the latest update from the National Hurricane Cente...Reuters
Mon, Aug 18
US Cash Grains-Soybean basis mixed at crush facilities, corn bids steady-firm at ethanol plants
CHICAGO, Aug 18 (Reuters) - Spot basis bids for U.S. soybeans were steady to lower at most Midwest elevators and mixed at crush plants on Monday, while corn basis bids were steady to firm at processing plants and flat to lower at river elevators, traders said.Some farmers have been liquidating corn ...Reuters
Mon, Aug 18
Europe Gasoline/Naphtha-Gasoline profit margins decline
LONDON, Aug 18 (Reuters) - Northwest European gasoline profit margins fell 75 cents to $16.13 a barrel on Monday.A total of 4,000 metric tons of Eurobob E5 barges traded in the session, with Gunvor selling to ExxonMobil.No E10 barges traded on the day.Russia's Syzran oil refinery suspended produ...Reuters
Mon, Aug 18
METALS-Stronger dollar weighs on copper ahead of crucial geopolitical events
By Polina Devitt LONDON, Aug 18 (Reuters) - Copper prices fell on Monday due to a stronger dollar and uncertainty ahead of a crucial event for the outlook for U.S. interest rates and a meeting between U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelenskiy.Three-month copper...Reuters
Mon, Aug 18
Holders of Venezuelan bond secure payment pact with Elliott's affiliate, representative says
HOUSTON, Aug 18 (Reuters) - Holders of a defaulted Venezuelan bond have reached a preliminary settlement agreement with Amber Energy, an affiliate of hedge fund Elliott Investment Management, as part of an improved bid for Citgo Petroleum's parent submitted earlier this month, a representative o...Reuters
Mon, Aug 18
Power Up: Oil market on hold ahead of Ukraine talks
Aug 18 - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil prices are down slightly to start the week ahead ofU.S.-Ukraine talks following Friday's inconclusive meeting between U.S. President Donald Trump and Russian President Vladimir Putin. Crude had closed Friday&#...Reuters
Mon, Aug 18
ANALYSIS-Tough US stance casts gloom over plastics pollution deal after Geneva flop
Trump administration seen digging in on positions, delegates sayNegotiations described as 'chaotic', with some blaming UNChina acknowledges need to address full-life cycle of plasticsBy Olivia Le Poidevin and Emma Farge GENEVA, Aug 18 (Reuters) - The collapse on Friday of a sixth round of...Reuters
Mon, Aug 18
