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Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.73 per barrel, down from Monday’s close at $65.83.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.42 after its previous daily close at $68.50.
Fxstreet
Tue, Jul 15
RPT-COLUMN-Crop Watch: Yield threats still possible despite near-ideal season: Braun
By Karen BraunNAPERVILLE, Illinois, July 14 (Reuters) - While the United States appears well on its way to a record corn crop, the top exporter is not completely immune to yield barriers from here, particularly when it comes to temperatures over the next several weeks.However, Crop Watch observation...Reuters
Tue, Jul 15
RPT-ANALYSIS-US rare earth pricing system is poised to challenge China's dominance
Chinese low prices thwarted efforts to shake its dominanceIndustry elsewhere has long campaigned for alternative pricingSole domestic US rare earth miner aims for commercial magnet production late this yearBy Eric Onstad LONDON, July 14 (Reuters) - U.S. efforts to break China's dominance of t...Reuters
Tue, Jul 15
ANALYSIS-For Europe, 30% US tariff would hammer trade, force export model rethink
30% tariff would cancel out meagre growth hopesECB rates would head closer to 1%Re-think of economic model could take yearsBy Philip Blenkinsop, Francesco Canepa BRUSSELS, July 15 (Reuters) - The 30% tariff on European goods threatened by U.S. President Donald Trump would, if implemented, be a ga...Reuters
Tue, Jul 15
GRAINS-Bargain hunting pushes up corn futures, ample supply limits gains
CANBERRA, July 15 (Reuters) - Chicago corn futures rose on Tuesday thanks to bargain-buying and short-covering, but expectations for a large U.S. harvest limited gains, holding prices close to Monday's contract lows. Soybeans edged lower amid plentiful supply from the Americas. Wheat futures cli...Reuters
Tue, Jul 15
METALS-Copper prices fluctuate as China GDP meets forecast, markets eye US data
By Hongmei Li SINGAPORE, July 15 (Reuters) - Copper prices on the London Metal Exchange and the Shanghai Futures Exchange saw narrow fluctuations on Tuesday, as China's GDP growth aligned with forecast, while traders awaited U.S. inflation data and potential monetary policy shifts.Three-month...Reuters
Tue, Jul 15
GRAINS-Corn futures steady as strong US harvest outlook caps gains
CANBERRA, July 15 (Reuters) - Chicago corn futures held steady on Tuesday, as expectations of a bumper U.S. production limited bargain-buying and short-covering that had driven prices from contract lows in the previous session. Soybean and wheat futures were also subdued. FUNDAMENTALS* The most acti...Reuters
Tue, Jul 15
PRECIOUS-Gold holds ground with spotlight on US inflation data
July 15 (Reuters) - Gold inched higher on Tuesday as traders awaited the release of U.S. inflation data later in the day that could shed more light on the Federal Reserve's interest rate path.FUNDAMENTALS* Spot gold XAU= was up 0.1% at $3,348.35 per ounce, as of 0101 GMT. U.S. gold futures GCcv1...Reuters
Tue, Jul 15
Gold Price Forecast: XAU/USD gains momentum to near $3,350 ahead of US CPI release
The Gold price (XAU/USD) gains ground to near $3,350 during the early Asian session on Tuesday. The precious metal edges higher amid safe-haven demand after US President Donald Trump threatened 100% Russia tariffs.Fxstreet
Tue, Jul 15
US imposes 17% tariff on Mexican tomatoes after withdrawing from agreement
Salsa will become more expensive, Democrat saysMexican producers say their produce cannot be replaced Mexican growers still hope to negotiate dealBy Kanishka Singh WASHINGTON, July 14 (Reuters) - The Trump administration announced on Monday a duty of about 17% on fresh tomatoes from Mexico, which...Reuters
Tue, Jul 15
Oil falls as Trump gives Russia 50 days to avoid new sanctions
US threatens to hit buyers of Russian exports with sanctionsChina's crude imports at highest level since August 2023EU set to lower Russian oil price cap, sources sayBy Nicole Jao NEW YORK, July 14 (Reuters) - Oil prices settled down on Monday by more than $1, as investors weighed new threats...Reuters
Tue, Jul 15
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, July 15 (Reuters) - Contract Target Support/Resistance Brent oil $68.66/$68.32res $69.41/$69.57/$69.70Palm oil (3rd month)4,257/4,295 ringgitsup 4,195/4,173/4,157 ringgitWTI* $66.57/$66.33/$65.98res $67.25/$67.46/$67.81Spot gold-res $3,357/$3...Reuters
Tue, Jul 15
Oil edges down as market contemplates potential sanctions, tariffs
By Anjana Anil July 15 (Reuters) - Oil prices edged down on Tuesday as the market digested U.S. President Donald Trump's 50-day deadline for Russia to end the Ukraine war and avoid sanctions on buyers of its oil, while worries continued to linger over Trump's trade tariffs.Brent crude fut...Reuters
Tue, Jul 15
CIF/FOB Gulf Grain-Soybean, corn barge bids strengthen
CHICAGO, July 14 (Reuters) - Basis bids for soybeans and corn delivered by barge to U.S. Gulf Coast terminals firmed on Monday, supported by exporter demand, thin farmer sales and a rise last week in barge freight costs.CIF Gulf soybean barges loaded in July were bid at 93 cents over CBOT August SQ2...Reuters
Tue, Jul 15
Arizona seeks probe of feds' response to Grand Canyon fire
By Andrew HayJuly 14 (Reuters) - Arizona's governor has demanded an investigation into why a wildfire that destroyed a historic lodge and dozens of other structures on the North Rim of the Grand Canyon was allowed to burn for a week before federal firefighters tried to put it out.The wind-driven...Reuters
Mon, Jul 14
Texas flood death toll rises to 131 as new storms loom
New storms threaten central Texas with heavy rainsGovernor Abbott reports 97 still missing in Kerrville areaState lawmakers to investigate flood response and preparednessBy Steve GormanJuly 14 (Reuters) - The official tally of storm-related deaths across Texas rose to 131 on Monday as authorities wa...Reuters
Mon, Jul 14
