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Republican bill to end US government shutdown falling short of passage in Senate; voting continues
WASHINGTON, Oct 14 (Reuters) - A Republican bill to fund the U.S. government and end a shutdown was falling short of the votes needed for passage in the Senate on Tuesday, as voting continued.
Reuters
Tue, Oct 14
Chinese airlines oppose Trump plan to stop flying over Russia on US routes
By David Shepardson WASHINGTON, Oct 14 (Reuters) - Major Chinese airlines on Tuesday urged the Trump administration to abandon a plan to bar them from flying over Russia on U.S. flights, saying it would increase flight times, raise air fares and could disrupt some routes.Last week the U.S. Transp...
Reuters
Tue, Oct 14
Chevron pushes for say in Venture Global request for Plaquemines LNG startup extension
Chevron pushes for input on Venture Global's LNG plant extension requestVenture Global cites COVID-19 challenges for extension requestArbitration tribunal finds Venture Global breached agreement with BPBy Curtis Williams HOUSTON, Oct 14 (Reuters) - Chevron CVX.N on Tuesday asked federal r...
Reuters
Tue, Oct 14
US Cash Crude-Grades slip on a narrower WTI/Brent spread, supply glut worries
Oct 14 (Reuters) - Grades eased slightly on Tuesday, dealers said, on a narrower spread between WTI and Brent, and as the International Energy Agency forecast a large global supply glut next year.WTI Midland eased 5 cents, while WTI at East Houston, also known as MEH, weakened 10 cents. The world oi...
Reuters
Tue, Oct 14
Solar firm's lawyer pleads guilty to Ponzi scheme charges
By David Thomas Oct 14 (Reuters) - A California attorney on Tuesday pleaded guilty a week before he was set to face trial on criminal charges stemming from his role in an estimated $912 million Ponzi scheme involving California solar power supply company DC Solar.Ari Lauer pleaded guilty before U...
Reuters
Tue, Oct 14
CANADA-CRUDE-Discount on Western Canada Select narrows
Oct 14 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed on Tuesday.WCS for November delivery in Hardisty, Alberta, settled at $10.30 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Friday...
Reuters
Tue, Oct 14
CIF/FOB Gulf Grain-Soy and corn basis bids sag, traders monitor US-China dispute
CHICAGO, Oct 14 (Reuters) - Spot basis bids slipped for soybeans and corn shipped by barge to U.S. Gulf Coast terminals on Tuesday, traders said, as they monitored tense relations between Washington and Beijing.U.S. President Donald Trump said he believed China was committing an "Economically Ho...
Reuters
Tue, Oct 14
Trump mulls ending some trade ties with China, including in relation to cooking oil
WASHINGTON, Oct 14 (Reuters) - U.S. President Donald Trump said on Tuesday Washington was considering terminating some trade ties with China, including in relation to cooking oil."I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Eco...
Reuters
Tue, Oct 14
Trade group wants to ban export of scrap aluminum cans to China
By David ShepardsonWASHINGTON, Oct 14 (Reuters) - A trade group representing the aluminum industry called on Tuesday for a ban on U.S. exports of used beverage cans to China to support American production of cars, fighter jets, tanks and satellites.The Aluminum Association said the United States con...
Reuters
Tue, Oct 14
Oil settles down 1.5% on US-China trade tensions, IEA warning of glut
Brent crude futures, WTI both settle lowerIEA raises forecast for global oil supply growth this yearIEA also lowers demand growth forecastBy Arathy Somasekhar HOUSTON, Oct 14 (Reuters) - Oil prices fell on Tuesday, settling 1.5% lower as the International Energy Agency warned of a huge supply glu...
Reuters
Tue, Oct 14
US Plains HRW Wheat-Basis flat as futures fall to fresh contract lows
CHICAGO, Oct 14 (Reuters) - Basis bids for hard red winter wheat were unchanged at elevators in the southern U.S. Plains on Tuesday as futures dipped down to new contract lows. Rains were forecast in parts of the U.S. Southern Plains in the next one to five days, according to Commodity Weather Group...
Reuters
Tue, Oct 14
US natural gas futures hit over two-week low on milder weather, weaker demand forecasts
By Anushree MukherjeeOct 14 (Reuters) - U.S. natural gas futures fell more than 2% on Tuesday to hit a more than two-week low, weighed down by forecasts for milder weather and lower demand in the coming days.Front-month gas futures for November delivery NGc1 on the New York Mercantile Exchange settl...
Reuters
Tue, Oct 14
Trump says he will unveil list on Friday of 'Democrat programs' to be shut
WASHINGTON, Oct 14 (Reuters) - U.S. President Donald Trump said on Tuesday at the White House that his administration planned to produce a list on Friday of "Democrat programs" that will be closed as a result of the ongoing government shutdown.He did not specify which programs he considered ...
Reuters
Tue, Oct 14
GRAINS-Wheat ends up after hitting five-year low on increased Russian exports
Wheat recovers after falling to 5-year lowSoy down as traders weigh potential for U.S.-China trade dealCorn choppy amid harvest pressureBy Heather Schlitz CHICAGO, Oct 14 (Reuters) - Chicago Board of Trade wheat futures ended higher on Tuesday after falling to a five-year low on abundant global s...
Reuters
Tue, Oct 14
REFILE--Chevron asks regulators to consider its views on Venture Global request for Plaquemines extension
HOUSTON, Oct 14 (Reuters) - Chevron CVX.N asked federal regulators on Tuesday to consider its views on a motion filed by Venture Global VG.N that requested a time extension for the commissioning of its Plaquemines LNG plant."Chevron has a substantial interest that may be directly affected by the...
Reuters
Tue, Oct 14
CBOT wheat hits five-year low on increasing Russian exports
CHICAGO, Oct 14 (Reuters) - Chicago Board of Trade wheat futures fell to a five-year low on Tuesday on abundant global supplies, before recovering later in the session. Top wheat exporter Russia has accelerated shipments in the past months after a slow start, and pressure from global harvests has be...
Reuters
Tue, Oct 14
Gold steadies above $4,100 as Powell strikes neutral-dovish tone
Gold price edges up during the North American session, yet trades below the all-time high of $4,179 reached earlier on Tuesday as investors digest Federal Reserve (Fed) Chair Jerome Powell's speech.
Gold
Fxstreet
Tue, Oct 14
Trade group wants to ban export of scrap aluminum cans to China
WASHINGTON, Oct 14 (Reuters) - A trade group representing the aluminum industry called on Tuesday for a ban on U.S. export of used beverage cans to China to support American production of cars, fighter jets, tanks and satellites.The Aluminum Association said the United States consumes between 5 mill...
Reuters
Tue, Oct 14
CBOT corn ticks higher after choppy session
CHICAGO, Oct 14 (Reuters) - Chicago Board of Trade corn futures ended higher on Tuesday on steady demand but remained under pressure from the ongoing U.S. harvest.CBOT December corn CZ25 settled 2-1/4 cents higher at $4.13 per bushel.An ongoing government shutdown that has deprived market players of...
Reuters
Tue, Oct 14
CBOT soybeans lower on trade deal uncertainty
CHICAGO, Oct 14 (Reuters) - Chicago Board of Trade soybean futures fell on Tuesday as traders remained unsure whether a potential Washington-Beijing trade deal would revive Chinese purchases of U.S. beans.CBOT November soybeans SX25 settled 1-1/4 cents lower at $10.06-1/2 per bushel.CBOT December so...
Reuters
Tue, Oct 14
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