News
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Gold Price Forecast: XAU/USD falls to near $4,200 on profit-taking, traders await US data
Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases.
Fxstreet
Wed, Dec 3
LIVESTOCK-CME cattle futures climb as frigid US weather curtails weight gains
By Julie Ingwersen CHICAGO, Dec 2 (Reuters) - Cattle futures on the Chicago Mercantile Exchange (CME) rose on Tuesday, buoyed by frigid conditions across the U.S. Plains that may stress livestock and slow weight gains, according to analysts.CME February live cattle LCG26 settled up 4.875 cents at...Reuters
Wed, Dec 3
Victims' families plan to file wrongful death lawsuit in UPS cargo jet crash
Dec 2 (Reuters) - Families of the victims of a UPS cargo jet crash plan to file a wrongful death lawsuit on Wednesday, according to one of the law firms representing the victims. The UPS UPS.N MD-11 cargo jet crashed immediately after taking off in Louisville, Kentucky, on November 4, killing 14 peo...Reuters
Wed, Dec 3
Trump says he plans to overhaul Dulles airport outside Washington
Trump criticizes Dulles, plans new design for airportDulles serves 27 million passengers annuallyLocated in Virginia, it is a major United Airlines hubBy David ShepardsonWASHINGTON, Dec 2 (Reuters) - President Donald Trump said on Tuesday his administration intends to overhaul federally owned Washin...Reuters
Wed, Dec 3
Texas camp to reopen after flood that killed 27 children
NEW YORK, Dec 2 (Reuters) - A Texas Christian summer camp for girls, where 27 campers died in a July 4 flash flood, announced plans to reopen in May at a nearby location with enhanced safety measures, despite earlier criticism from a family whose daughter was never found.The century-old Camp Mystic ...Reuters
Wed, Dec 3
Valero plans CDU upgrades at Port Arthur, Texas refinery in February, sources say
By Erwin SebaHOUSTON, Dec 2 (Reuters) - Valero Energy VLO.N plans to perform upgrades to the large crude distillation unit at its 380,000 barrel-per-day Port Arthur, Texas refinery in February, said people familiar with the plant’s operations. A Valero spokesperson did not reply on Tuesday to a requ...Reuters
Tue, Dec 2
Valero plans CDU upgrades at Port Arthur, Texas refinery in February, sources say
HOUSTON, Dec 2 (Reuters) - Valero Energy VLO.N plans to perform upgrades to the large crude distillation unit at its 380,000 barrel-per-day Port Arthur, Texas refinery in February, said people familiar with the plant’s operations. A Valero spokesperson did not reply on Tuesday to a request for comme...Reuters
Tue, Dec 2
Motiva Texas refinery plans coker work this year, CDU overhaul in September 2026, sources say
By Erwin SebaHOUSTON, Dec 2 (Reuters) - Motiva Enterprises plans to perform maintenance on a coker in December of this year and overhaul the large crude distillation unit in September 2026 at its 640,500 barrel-per-day Port Arthur, Texas refinery, said people familiar with plant operations. A Motiva...Reuters
Tue, Dec 2
Brazil's Lula and Trump discuss trade, sanctions in phone call
WASHINGTON/BRASILIA, Dec 2 (Reuters) - U.S. President Donald Trump and Brazilian President Luiz Inacio Lula da Silva discussed trade, the economy and fighting organized crime in a phone call on Tuesday, both sides said.Speaking to reporters at the White House, Trump said the two men also discussed s...Reuters
Tue, Dec 2
Motiva Texas refinery plans coker work this year, CDU overhaul in September 2026, sources say
HOUSTON, Dec 2 (Reuters) - Motiva Enterprises plans to perform maintenance on a coker in December of this year and overhaul the large crude distillation unit in September 2026 at its 640,500 barrel-per-day Port Arthur, Texas refinery, said people familiar with plant operations. A Motiva spokesperson...Reuters
Tue, Dec 2
EXCLUSIVE-More US soybean shipments to China due to load through mid-December
By Karl Plume CHICAGO, Dec 2 (Reuters) - Shipments of U.S. crops to China are accelerating after a tense tariff war had stalled trade for months, with at least six bulk cargo vessels scheduled to load with soybeans at Gulf Coast terminals through mid-December, according to a shipping schedule see...Reuters
Tue, Dec 2
Putin and Witkoff discuss peace options for Ukraine past Moscow's midnight
Putin speaks to Witkoff and Kushner for five hoursTalks conclude after midnight Trump says the war is 'a mess'Witkoff goes to the U.S. embassy Dmitriev says talks were 'productive'By Guy Faulconbridge, Anton Kolodyazhnyy and Maxim Rodionov MOSCOW, Dec 3 (Reuters) - Russian Preside...Reuters
Tue, Dec 2
US Cash Crude-Grades broadly up as domestic refinery demand grows
HOUSTON, Dec 2 (Reuters) - U.S. cash crude grades were little changed on Tuesday, dealers said, as the spread between U.S. West Texas Intermediate crude and global benchmark Brent oil largely held steady. WTI Midland and WTI at East Houston, also known as MEH, were unchanged, while Mars Sour eased 1...Reuters
Tue, Dec 2
CANADA-CRUDE-Discount on Western Canada Select widens
Dec 2 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened on Tuesday.WCS for January delivery in Hardisty, Alberta, settled at $12.95 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared to $12.75 on Mo...Reuters
Tue, Dec 2
Kremlin after talks with U.S. envoy: we are no closer to peace in Ukraine
MOSCOW, Dec 3 (Reuters) - Russia and the United States did not clinch a compromise over peace in Ukraine, and peace is no closer to but also no further away, Kremlin aide Yuri Ushakov said on Wednesday. He noted that the sides failed to reach a compromise on one of the most difficult issues - territ...Reuters
Tue, Dec 2
Mexico's Esentia Energy to increase natural gas transportation capacity by 50% in five years
By Adriana Barrera MEXICO CITY, Dec 2 - Mexico's Esentia Energy ESENTIAI.MX plans to boost its natural gas transport capacity by 50% by the third phase of its five-year expansion plan, betting on growing demand, its CEO said on Tuesday.The company raised $457 million in an initial public offe...Reuters
Tue, Dec 2
US to provide up to $800 million to support small reactors
By Timothy Gardner Dec 2 (Reuters) - The U.S. Department of Energy said on Tuesday it will provide up to $800 million to support development of small modular reactors by the Tennessee Valley Authority and private company Holtec.The Trump administration and nuclear companies believe SMRs will help...Reuters
Tue, Dec 2
CBOT soybeans end lower on lack of supportive news
CHICAGO, Dec 2 (Reuters) - Chicago Board of Trade soybean futures closed lower for a second straight session on Tuesday on a lack of supportive news and expectations of large South American harvests, traders said.CBOT January soybeans SF26 settled down 3-1/4 cents at $11.24-3/4 per bushel.CBOT Janua...Reuters
Tue, Dec 2
