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LIVESTOCK-CME live cattle reach new high before pulling back
By Tom Polansek CHICAGO, July 18 (Reuters) - Chicago Mercantile Exchange live cattle futures galloped to a new high on Friday due to firm U.S. cash prices, traders said, before the market backpedaled.Futures and cash prices have set records this year as cattle inventories have dwindled to their l...Reuters
Fri, Jul 18
Ex-Australian PM Morrison to testify before US House panel on China
By David Shepardson WASHINGTON, July 18 (Reuters) - Former Australian Prime Minister Scott Morrison will testify at a U.S. House panel hearing on Wednesday about countering China's "economic coercion against democracies," the committee said on Friday.Former U.S. ambassador to Japan Ra...Reuters
Fri, Jul 18
US Cash Grains-Corn elevator basis narrowly mixed, processor bids flat
CHICAGO, July 18 (Reuters) - Spot basis bids for corn were narrowly mixed at U.S. Midwest elevators on Friday and unchanged at processing plants as futures climbed to a near-two-week peak, but farmer sales remained slow, merchants said.Spot soybean basis bids were mostly steady at elevators and crus...Reuters
Fri, Jul 18
ICE canola ends firm; rally capped by good weather, US soyoil slides
July 18 (Reuters) - ICE canola futures closed modestly firmer on Friday but well off the day's highs as a retreat in U.S. soyoil futures and favorable crop weather in the Canadian Prairies cooled a round of technical buying, traders said.Benchmark November canola RSX5 settled up 40 cents at $700...Reuters
Fri, Jul 18
GRAINS-Soybean futures set two-week high on US weather worry, soyoil rally
Soyoil sets contract high for second dayTraders watch for heat to threaten US cropsUS expected to produce bumper corn, soy harvestsBy Tom Polansek CHICAGO, July 18 (Reuters) - Chicago Board of Trade soybean futures touched a two-week high on Friday on worries that heat may threaten U.S. crops and...Reuters
Fri, Jul 18
Luma Energy Says It Has Begun Replacing Equipment On Transmission Towers In Bayamón After Over 30 Years Of Operation
July 18 (Reuters) - LUMA ENERGY:SAYS IT HAS BEGUN REPLACING EQUIPMENT ON TRANSMISSION TOWERS IN BAYAMÓN AFTER OVER 30 YEARS OF OPERATIONSAYS IT IS REPLACING CRITICAL EQUIPMENT, SUCH AS INSULATORS AND HARDWARE, ON OVER 10 TRANSMISSION TOWERS ALONG LINE 37,700, WHICH CONNECTS THE PALO SECO GENERATION ...Reuters
Fri, Jul 18
US Cash Crude-Grades slip as refinery demand falls, WTI/Brent spread narrows
July 18 (Reuters) - Physically traded domestic crude grades fell on Friday, dealers said, as domestic demand is set to fall and the WTI/Brent spread narrowed for the fourth straight day. U.S. oil refiners are expected to have about 245,000 barrels per day of capacity offline in the week ending July ...Reuters
Fri, Jul 18
CBOT wheat ends stronger as US harvest pressure eases
CHICAGO, July 18 (Reuters) - Chicago Board of Trade wheat futures jumped on Friday as U.S. farmers moved closer toward finishing the nation's winter wheat harvest.Spillover support from gains in CBOT corn and soy helped support wheat, traders said.U.S. wheat markets are no longer facing such hea...Reuters
Fri, Jul 18
CBOT corn up, jumps 3.8% this week on US weather worry, short covering
CHICAGO, July 18 (Reuters) - Chicago Board of Trade corn futures finished higher on Friday on worries that excessive heat may threaten developing U.S. crops, analysts said.Temperatures will increase across the Corn Belt starting next week, weather forecaster Vaisala said. Heat stress is possible in ...Reuters
Fri, Jul 18
ANALYSIS-Chevron wins Exxon case but loses time, oil and billions
Exxon loses arbitration to block Chevron's $55 bln Hess dealChevron wins prized Guyana asset but at a high integration, legal costHess deal key to Chevron's long-term growth strategyArbitration overhang kept investors on sidelines, analysts sayBy Arunima Kumar July 18 (Reuters) - Exxon Mo...Reuters
Fri, Jul 18
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
US consumer sentiment up, but homebuilding dropsUS Trump seeking minimum tariffs on EU EU to stop importing fuels from RussiaChevron closes Hess acquisition after arbitration win By Scott DiSavino NEW YORK, July 18 (Reuters) - Crude oil futures were little changed on Friday on mixed U.S. econom...Reuters
Fri, Jul 18
CBOT soybeans set two-week peak as soyoil hits contract highs
CHICAGO, July 18 (Reuters) - Chicago Board of Trade soybean futures rose for a third consecutive session on Friday and set a two-week high on spillover support from contract highs in soyoil futures, analysts said.CBOT soyoil BOQ25 climbed to contract highs for a second consecutive day on expectation...Reuters
Fri, Jul 18
EXCLUSIVE-US firms to develop Syria energy masterplan after Trump lifts sanctions
Argent LNG, Baker Hughes, Hunt Energy form coalition for Syria energy masterplanMasterplan includes oil, gas exploration and power generationSyria's energy infrastructure needs billions in investmentFocus on areas west of Euphrates under Syrian government controlBy Timour Azhari DAMASCUS, Jul...Reuters
Fri, Jul 18
US natgas prices edge up to 3-week high as heat boosts air conditioning use
Hottest days of summer still to come next weekOutput on track to hit monthly record high in JulyStorage at 6% above normal, and growingBy Scott DiSavino July 18 (Reuters) - U.S. natural gas futures edged up about 1% to a three-week high on Friday as hot weather forces power generators to burn lot...Reuters
Fri, Jul 18
Gold price rises past $3,350 on Waller’s dovish comments, soft US Dollar
Gold price advances during the North American session on Friday as the US Dollar weakens, with traders booking profits ahead of the weekend. Additionally, a Fed Governor's comments turned more dovish than expected, supporting a rate cut in July.
Fxstreet
Fri, Jul 18
PRECIOUS-Safe-haven gold gains on global uncertainty, weaker dollar
US dollar down 0.3% Indonesia still negotiating details on trade dealsBullion falls over 1% in previous sessionBy Sarah Qureshi July 18 (Reuters) - Gold prices rose on Friday as a weaker U.S. dollar and ongoing geopolitical and economic uncertainty boosted demand for the safe-haven metal, while p...Reuters
Fri, Jul 18
US drillers add oil/gas rigs for first time in 12 weeks, Baker Hughes says
By Scott DiSavino July 18 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in 12 weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by seven, its...Reuters
Fri, Jul 18
BP to sell US onshore wind business to LS Power for undisclosed sum
By Yamini Kalia and Raechel Thankam Job July 18 (Reuters) - BP BP.L has agreed to sell its U.S. onshore wind business to U.S.-based LS Power, as part of its ongoing divestment strategy, the energy major said on Friday, without disclosing a deal value. bp Wind Energy will be owned and operated und...Reuters
Fri, Jul 18
Canada's steel import duties violate WTO rules, says China
Chinese embassy says Canada's levies disrupt global trade orderIt says levies would undermine two countries' trade relationsChina's retaliation could be suspended if Canada cancels tariffsBy Promit Mukherjee OTTAWA, July 18 (Reuters) - The Chinese embassy in Ottawa criticized duties s...Reuters
Fri, Jul 18
