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EU wheat slips to contract lows as bumper Argentine crop weighs
PARIS, Nov 28 (Reuters) - Euronext wheat fell on Friday to contract lows as another increased forecast for Argentina's harvest underscored tough export competition.March wheat BL2H6, the most active contract on Paris-based Euronext, settled down 1.3% at 188.00 euros ($218.04) a metric ton.It ear...Reuters
Fri, Nov 28
Europe Gasoline/Naphtha-Gasoline crack spreads narrow
LONDON, Nov 28 (Reuters) - Northwest European gasoline refinery profit margins fell slightly to close the week.A total of 6,000 metric tons of Eurobob E5 gasoline barges traded, which TotalEnergies and ExxonMobil sold to Varo and Sahara.An additional 4,000 tons of Eurobob E10 gasoline barges traded ...Reuters
Fri, Nov 28
METALS-Copper scales record peak on supply tightness, softer dollar
Nov 28 (Reuters) - Copper powered to a record high above $11,200 a metric ton on Friday, as supply of the metal outside the United States tightened and a weaker dollar fuelled the rally further.Benchmark three-month copper CMCU3 on the London Metal Exchange rose as much as 2.5% to $11,210.50, surpas...Reuters
Fri, Nov 28
WTI Crude Oil rises amid Russia-Ukraine peace efforts, OPEC+ meeting focus
West Texas Intermediate (WTI) US Oil trades around $59.30 on Friday at the time of writing, posting a 0.50% daily gain as investors adopt a cautious stance while monitoring ongoing efforts toward a Russia-Ukraine peace agreement.
Fxstreet
Fri, Nov 28
EU members seek safeguards in US tariff deal to protect industry
By Philip Blenkinsop BRUSSELS, Nov 28 (Reuters) - European Union governments want to put in place safeguards and a review clause in the tariff deal the bloc struck with the United States, to counter concerns that a possible surge of U.S. imports could damage EU industry.Under the end-July deal, t...Reuters
Fri, Nov 28
GRAINS-US corn futures touch highest price since June on export demand
By Tom Polansek CHICAGO, Nov 28 (Reuters) - Chicago Board of Trade corn futures jumped to their highest level since early June on Friday on U.S. export demand, while soybean futures also rose.In a daily reporting system, the U.S. Department of Agriculture reported that exporters sold 273,988 metr...Reuters
Fri, Nov 28
US Plains HRW Wheat-Basis bids tick lower as contract rolls
CHICAGO, Nov 28 (Reuters) - Basis bids for hard red winter wheat were lower in the U.S. Plains on Friday as merchandisers rolled their basis bids to the K.C. March hard red winter wheat contract KWH26 from the December contract KWZ25, dealers reported.Markets were closed on Thursday.Trade was quiet ...Reuters
Fri, Nov 28
India-Canada trade deal could guarantee some Canadian pulse sales, envoy says
By Ed White REGINA, Saskatchewan, Nov 28 (Reuters) - India's government is considering guaranteeing Canada ongoing pulse crop sales so its farmers keep growing the vital protein source, Indian High Commissioner to Canada Dinesh Patnaik said during a visit to Saskatchewan.The leaders of India ...Reuters
Fri, Nov 28
Tanker hit by blast and fire north of Turkey's Bosphorus strait, agency says
ISTANBUL, Nov 28 (Reuters) - An explosion and fire broke out in the engine room of a tanker in the Black Sea to the north of Turkey's Bosphorus strait on Friday, shipping agency Tribeca said.The tanker Kairos, sailing under the Gambian flag and in ballast, was some 52 miles north of the Bosphoru...Reuters
Fri, Nov 28
Russian gas and crude supplies for Hungary secured, minister says
BUDAPEST, Nov 28 (Reuters) - Russia will deliver the agreed crude and gas supplies to Hungary according to the existing contract, Foreign Minister Peter Szijjarto said on Friday after a meeting between President Vladimir Putin and Hungarian Prime Minister Viktor Orban.Putin greeted Orban in Moscow o...Reuters
Fri, Nov 28
Hyundai, Tata want India to drop fuel emission concessions seen benefiting Suzuki
Weight-based concessions split India's car industryThe 909-kg cutoff is arbitrary, company executives sayHyundai, Mahindra say concessions risk hurting India's EV pushMaruti defends move, says small cars emit less CO2 than big SUVsBy Aditi Shah NEW DELHI, Nov 28 (Reuters) - India's bi...Reuters
Fri, Nov 28
US Cash Grains-Corn basis steady-down, soy bids stable in slow trade
CHICAGO, Nov 28 (Reuters) - Basis bids for corn were steady to lower and soybean bids were steady in the U.S. Midwest on Friday as trade was slow after the Thanksgiving holiday and ahead of the weekend. Markets were closed on Thursday for the U.S. Thanksgiving holiday. The U.S. Department of Agricul...Reuters
Fri, Nov 28
US natural gas futures set for third straight monthly gain on cold weather outlook
By Noel John Nov 28 (Reuters) - U.S. natural gas futures climbed over 3% on Friday to a near nine-month high, and were poised for a third straight monthly gain, driven by forecasts for colder weather and higher demand, while a bigger-than-expected storage withdrawal data this week provided suppor...Reuters
Fri, Nov 28
Borusan Mannesmann Boru Says It Decides To Transfer Certain Idle Machinery From Turkey To Borusan Berg Pipe In United States
Nov 28 (Reuters) - Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret BRSAN.IS:BORUSAN MANNESMANN BORU - DECIDES TO TRANSFER CERTAIN IDLE MACHINERY FROM TURKEY TO BORUSAN BERG PIPE IN UNITED STATESBORUSAN MANNESMANN BORU - MACHINERY AND EQUIPMENT TO BE TRANSFERRED ARE USED IN COATING PROCESS OF LAR...Reuters
Fri, Nov 28
As testimony closes in Trafigura fraud case, Gupta denies knowledge of duplicate cargoes
Gupta's firms allegedly created duplicate bills of ladingTrial to resume December 10 with closing argumentsGupta's UD Group aimed for expansion into Europe, Russia, AfricaBy Eric Onstad LONDON, Nov 28 (Reuters) - Indian businessman Prateek Gupta, accused by commodity group Trafigura of or...Reuters
Fri, Nov 28
UK court dismisses challenge to issuing of oil and gas exploration licences
LONDON, Nov 28 (Reuters) - Britain's decision to issue more than two dozen oil and gas exploration licences was lawful, London's High Court ruled on Friday, dismissing a challenge by campaigners who said the government failed to consider the impact on climate change.Marine conservation organ...Reuters
Fri, Nov 28
Serbia says U.S.-sanctioned NIS oil refinery idle until Dec 2, seeks sanctions waiver
BELGRADE, Nov 28 (Reuters) - Serbia's U.S.-sanctioned and Russian-owned NIS oil refinery will continue to operate in so-called idle mode until December 2 as the country expects a sanctions reprieve, energy minister Dubravka Djedovic Handanovic said on Friday. The U.S. Treasury Department’s Offic...Reuters
Fri, Nov 28
US LNG plants pull record amount of gas, LSEG data show
By Curtis WilliamsHOUSTON, Nov 28 (Reuters) - U.S. demand for natural gas to be turned into LNG surpassed 19 billion cubic feet on Friday, keeping gas usage at a record-high level for the third straight day, according to preliminary data from financial firm LSEG.The U.S. is the world's largest ...Reuters
Fri, Nov 28
ADVISORY-US cash crude report will not be published on November 28
Nov 28 (Reuters) - The U.S. cash crude assessment CRU/TU and U.S. cash crude report CRU/C will not be published on Friday, November 28, due to the Thanksgiving holiday. Reuters will resume pricing on Monday, December 1Reuters
Fri, Nov 28
PRESS DIGEST-Canada - 28
The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAILPrime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to...Reuters
Fri, Nov 28
