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Phillips 66 Reports Planned Flaring At Carson, Los Angeles Refinery
Dec 2 (Reuters) - PHILLIPS 66PSX.N: REPORTS PLANNED FLARING AT CARSON, LOS ANGELES REFINERY FROM DECEMBER 3, 2025 TO JANUARY 1, 2026SOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGCAPACITY: 139,000 BARRELS PER DAYReuters
Tue, Dec 2
Phillips 66 Reports Planned Flaring At Wilmington, CA, Refinery
Dec 2 (Reuters) - PHILLIPS 66:REPORTS PLANNED FLARING AT WILMINGTON, CA, REFINERY FROM DECEMBER 3,2025 TO JANUARY 1, 2026 SOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILING REFINERY CAPACITY: 139,000 BARRELS PER DAYReuters
Tue, Dec 2
Trump to halt some food aid support for Democratic-led states over data fight
Democratic states resist USDA demand for SNAP recipient data, citing privacy concernsUSDA aims to use data to combat SNAP fraudFederal judge ruled USDA can't deny funds over data non-complianceBy Leah Douglas WASHINGTON, Dec 2 (Reuters) - The administration of U.S. President Donald Trump will...Reuters
Tue, Dec 2
CBOT wheat ends higher on Black Sea tensions, speculative buying
CHICAGO, Dec 2 (Reuters) - Chicago Board of Trade wheat futures closed higher on Tuesday as rising tensions in the Black Sea grain export region appeared to spark a round of speculative buying, including short-covering, analysts said.CBOT March soft red winter wheat WH26 settled up 6 cents at $5.41 ...Reuters
Tue, Dec 2
CIF/FOB Gulf Grain-Soy barge bids rise as traders gauge Chinese demand
CHICAGO, Dec 2 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast rose on Tuesday as traders continued to gauge Chinese demand for American supplies.The U.S. Department of Agriculture reported no new "flash" sales of U.S. soybeans on Monday or Tuesday, after confirmi...Reuters
Tue, Dec 2
CBOT corn ends higher on Black Sea worries, US weather
CHICAGO, Dec 2 (Reuters) - Chicago Board of Trade corn futures closed higher on Tuesday, supported by tensions in the Black Sea grain export region as well as cold weather slowing grain movement in the U.S. Midwest, brokers said.CBOT March corn CH26 settled up 5 cents at $4.50 per bushel.The CBOT Ma...Reuters
Tue, Dec 2
US Energy Dept to provide up to $800 million to support two small modular reactor projects
Dec 2 (Reuters) - The U.S. Department of Energy said on Tuesday that it has picked the Tennessee Valley Authority and Holtec Government Services to support early deployments of advanced light-water small modular nuclear reactors in the United States.The project teams will receive up to $800 million ...Reuters
Tue, Dec 2
Trump to halt some food aid support for Democratic-led states over data fight
Democratic states resist USDA demand for SNAP recipient data, citing privacy concernsUSDA aims to use data to combat SNAP fraudFederal judge ruled USDA can't deny funds over data non-complianceBy Leah Douglas WASHINGTON, Dec 2 (Reuters) - The administration of U.S. President Donald Trump will...Reuters
Tue, Dec 2
US natural gas futures dip, retreat from nearly 3-year high on oversupply concerns
Natural gas futures dip on record output, ample storagePrices gained 17.6% in November due to strong demandCold weather still key driver of prices despite supply glutBy Noel John Dec 2 (Reuters) - U.S. natural gas futures fell on Tuesday, retreating from early gains as worries about abundant supp...Reuters
Tue, Dec 2
Oil eases amid uncertainty around Russia-Ukraine peace plan, oversupply worries
Witkoff and Kushner meet Putin for peace talksDecline in India's Russian oil imports may be brief, Kremlin saysCaution emerges over US-Venezuela situation By Nicole Jao NEW YORK, Dec 2 (Reuters) - Oil prices declined 1% on Tuesday as markets weighed faltering Russia-Ukraine peace hopes agains...Reuters
Tue, Dec 2
Syrian president, Chevron discuss cooperation in oil, gas exploration, state news agency says
CAIRO, Dec 2 (Reuters) - Syrian President Ahmed al-Sharaa met delegations from U.S. oil major Chevron and the Syrian Petroleum Company to discuss cooperation in oil and gas exploration fields on Syrian shores, the Syrian state news agency said on Tuesday. The state news agency did not provide furthe...Reuters
Tue, Dec 2
Gold retreats below $4,200 as traders cash out before Fed meeting
Gold (XAU/USD) dips some 0.80% on Tuesday as traders seem to be booking profits ahead of next week's Federal Reserve (Fed) monetary policy meeting, amid a firm US Dollar. At the time of writing, XAU/USD trades at $4,193, after hitting a daily high of $4,240.
Fxstreet
Tue, Dec 2
SOFTS-Cocoa prices ease while robusta coffee extends decline
NEW YORK, Dec 2 (Reuters) - London cocoa futures on ICE fell on Tuesday as concerns about weak demand continued to weigh on prices, while robusta coffee extended this week's decline. COCOALondon cocoa LCCc2 settled down 57 pounds, or 1.4%, to 4,036 pounds per metric ton, although prices rema...Reuters
Tue, Dec 2
GRAINS-Corn, wheat futures climb on Black Sea tensions, US weather
By Julie Ingwersen CHICAGO, Dec 2 (Reuters) - Benchmark Chicago corn and wheat futures rose roughly 1% on Tuesday, lifted by worries about tensions in the Black Sea grain export region as well as cold weather slowing grain movement in the U.S. Midwest, analysts said.Soybean futures declined, pres...Reuters
Tue, Dec 2
Heavy snow expected in parts of US Midwest, Northeast
By Rich McKayDec 2 (Reuters) - An intensifying weather system was expected to bring heavy snow or rain to parts of the U.S. Midwest, the Appalachians and the Northeast on Tuesday, with more than 50 million Americans under a winter storm advisory.Up to a foot of snow is forecast across the Ohio Valle...Reuters
Tue, Dec 2
US to announce ‘bridge payment’ for farmers next week, Rollins says
Farmers face low crop prices, lost soybean sales to ChinaAid expected by year-end, but amount unclear, say Senate farm leadersFarmers set to receive $40 billion from government in 2025, per USDABy Trevor Hunnicutt, Bo Erickson and Leah Douglas WASHINGTON, Dec 2 (Reuters) - Agriculture Secretary B...Reuters
Tue, Dec 2
US Plains HRW Wheat-Basis bids mostly steady to lower as futures jump
CHICAGO, Dec 2 (Reuters) - Spot basis bids for hard red winter wheat were mostly steady to lower around the U.S. Plains on Tuesday as futures prices jumped and farmer selling remained slow, grain merchants said.Wheat futures on the Chicago Board of Trade rebounded on Tuesday after two sessions of lo...Reuters
Tue, Dec 2
White House to propose significant rollback in fuel economy standards, sources say
By David Shepardson WASHINGTON, Dec 2 (Reuters) - The Trump administration is set to propose a significant rollback of fuel economy standards finalized by former President Joe Biden last year, its latest push to make it easier for automakers to sell gas-powered cars, sources told Reuters.The Nati...Reuters
Tue, Dec 2
U.S. to announce ‘bridge payment’ for farmers next week, Rollins says
WASHINGTON, Dec 2 (Reuters) - Agriculture Secretary Brooke Rollins said on Tuesday that the Trump administration will announce a “bridge payment” for farmers next week, designed to provide short‑term relief while longer trade and aid packages are finalized.Reuters
Tue, Dec 2
RPT-SPECIAL REPORT-China floods the world with gasoline cars it can't sell at home
Chinese automakers export gasoline cars due to domestic EV growthState-owned giants like SAIC, Dongfeng lead export surgeEmerging markets key for Chinese gasoline car salesBy Nick Carey WARSAW, Dec 2 (Reuters) - China's electric-vehicle industry captured half its domestic market in just a few...Reuters
Tue, Dec 2
