News
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Three vessels bound for US Gulf Coast terminals to load soybeans, sorghum for China
By Karl Plume CHICAGO, Nov 24 (Reuters) - Two cargo vessels were headed for grain port terminals near New Orleans on Monday to load with the first U.S. soybean shipments to China since May, according to a shipping schedule seen by Reuters.A third vessel was en route to a Texas Gulf Coast grain te...Reuters
Mon, Nov 24
US natgas futures ease on record output and ample storage
Record US gas output allows for increased stockpilingLNG export flows close to record levelsColder weather expected to increase gas demand for heatingGlobal prices vary, with Europe at 16-month low and Asia flatBy Scott DiSavino Nov 24 (Reuters) - U.S. natural gas futures eased about 1% on Monday...Reuters
Mon, Nov 24
CBOT soybeans close lower amid uncertainty about Chinese demand pace
CHICAGO, Nov 24 (Reuters) - Chicago Board of Trade soybean futures closed lower on Monday, retreating from last week's 17-month high, as doubts emerged about China's buying pace and traders waited to hear more details from the latest call between Washington and Beijing, market analysts said....Reuters
Mon, Nov 24
SOFTS-Cocoa falls to near two-year low, arabica coffee rises
NEW YORK, Nov 24 (Reuters) - London cocoa futures fell to the lowest level in nearly two years on Monday, while arabica coffee and raw sugar prices closed slightly higher. COCOA London cocoa LCCc2 settled down 53 pounds, or 1.4%, to 3,826 pounds per metric ton, after slumping to a lo...Reuters
Mon, Nov 24
PRECIOUS-Gold rises over 1% on Fed cut hopes, US data in focus
Delayed US retail sales report due on TuesdayTraders see 79% chance of US interest rate cut next monthUS and Ukraine continue talks to modify peace planBy Pablo Sinha Nov 24 (Reuters) - Gold prices rose more than 1% on Monday, supported by growing expectations of a Federal Reserve interest r...Reuters
Mon, Nov 24
Goldman Sachs Expects To See TTF From 29 EUR/Mwh In 2026 To 20 EUR/Mwh In 2027
Nov 24 (Reuters) - GOLDMAN SACHS:EXPECTS TO SEE TTF FROM 29 EUR/MWH IN 2026 TO 20 EUR/MWH IN 2027ESTIMATES NW EUROPEAN GAS MARKETS CAN BALANCE NEXT YEAR IN THE HIGH 20 EURS/MWH ($10/MMBTU)CONTINUES TO RECOMMEND A SHORT 3Q27 TTF POSITIONReuters
Mon, Nov 24
FERC grants five-year extension to Sempra's Cameron LNG project in Louisiana
Nov 24 (Reuters) - The U.S. Federal Energy Regulatory Commission, or FERC, said on Monday it has granted a five-year extension to complete construction of Sempra's SRE.N Cameron LNG export facility in Louisiana and place it into service.In October, Cameron LNG had filed an extension request for ...Reuters
Mon, Nov 24
REFILE-US senators say Trump has failed to prevent Russian LNG from helping fund war in Ukraine
Senators say Arctic LNG 2 provides billions for Russia's war China buys discounted LNG from the Russian projectBiden sanctioned Arctic LNG 2 in 2023White House: Trump believes flexibility needed to end the warBy Timothy Gardner WASHINGTON, Nov 24 (Reuters) - Four Democratic U.S. senators said...Reuters
Mon, Nov 24
FERC Says It Granted Cameron LNG Extension To 2033 To Complete Louisiana Facility Construction
Nov 24 (Reuters) - FEDERAL ENERGY REGULATORY COMMISSION:FERC: CAMERON LNG IS GRANTED AN EXTENSION UNTIL MARCH 16, 2033 TO COMPLETE CONSTRUCTION OF NATURAL GAS LIQUEFACTION AND EXPORT FACILITY IN LOUISIANAReuters
Mon, Nov 24
US Plains HRW Wheat-Basis bids flat in muted trade
CHICAGO, Nov 24 (Reuters) - Basis bids for hard red winter wheat were unchanged in the U.S. Midwest on Monday amid slow pre-holiday trade, dealers said.Movement has been sluggish ahead of Thursday's Thanksgiving holiday, when markets will be closed.Weekend rains over the U.S. Plains improved moi...Reuters
Mon, Nov 24
Gold surges toward $4,100 as markets go all-in on Fed cuts
Gold (XAU/USD) rallies sharply on Monday, gaining 0.80% as investors seem confident that the Federal Reserve (Fed) will slash rates at the December meeting as US economic data continues to flow. At the time of writing, XAU/USD trades near $4,100 after hitting a daily low of $4,040.
Fxstreet
Mon, Nov 24
GRAINS-Soybeans turn lower on Chinese demand uncertainty; corn mixed, wheat falls
Soybean futures retreat amid uncertainty over Chinese demandWheat futures pressured by global supplies, cheaper Russian wheat pricesCorn futures mixed amid technical tradingBy P.J. Huffstutter HAMBURG, Nov 24 (Reuters) - Chicago Board of Trade soybean futures retreated on Monday from last week...Reuters
Mon, Nov 24
Europe Gasoline/Naphtha-Gasoline cracks fall
LONDON, Nov 24 (Reuters) - Northwest European gasoline profit margins fell $1.55 on Monday to around $16.64 a barrel. A total of 10,000 metric tons of Eurobob E5 gasoline barges traded with Sahara and Gunvor selling to BP, Shell and TotalEnergies.No barges of Eurobob E10 gasoline traded in the sessi...Reuters
Mon, Nov 24
NASA, Boeing Modify CST-100 Starliner Contract To Reduce Number Of Missions From Six To Four, Next Starliner Mission To Be Uncrewed - Boeing Statement
Nov 24 (Reuters) - Boeing Co BA.N:NASA, BOEING MODIFY CST-100 STARLINER CONTRACT TO REDUCE NUMBER OF MISSIONS FROM SIX TO FOUR, NEXT STARLINER MISSION TO BE UNCREWED - BOEING STATEMENTReuters
Mon, Nov 24
Trump touts 'very good' call with China's Xi
WASHINGTON, Nov 24 (Reuters) - U.S. President Donald Trump said he held a "very good" phone call with Chinese President Xi Jinping on Monday during which the leaders discussed the war in Ukraine, fentanyl trafficking and a deal for farmers. "We have done a good, and very important, deal ...Reuters
Mon, Nov 24
US demands 'balanced' EU digital rules before it cuts steel tariffs
US Commerce Secretary Lutnick seeks 'balanced' EU digital rulesEU seeking lower steel tariffs, exemptions for more productsUS wants EU progress on removing duties on U.S. imports firstBy Philip Blenkinsop BRUSSELS, Nov 24 (Reuters) - The United States on Monday demanded that the European ...Reuters
Mon, Nov 24
WTI Price Forecast: Bias stays lower with RSI below 50 and key SMAs overhead
West Texas Intermediate (WTI) Crude Oil is attempting a modest rebound on Monday, snapping a three-day losing streak as traders balance revived December Federal Reserve (Fed) interest rate cut expectations with ongoing Russia–Ukraine peace-talk developments.
Fxstreet
Mon, Nov 24
US Cash Grains-Soy, corn basis bids mixed as futures fall
CHICAGO, Nov 24 (Reuters) - Basis bids for corn and soybeans were mixed in the U.S. Midwest on Monday as futures weakened, dealers reported.Trade was quiet ahead of Thursday's Thanksgiving holiday.The U.S. Department of Agriculture announced exporters sold 123,000 metric tons of soybeans to Chin...Reuters
Mon, Nov 24
Serbia says it has enough fuel reserves as key refinery faces sanctions shutdown
BELGRADE, Nov 24 (Reuters) - Serbia has sufficient fuel reserves to supply the domestic market, the government said on Monday, as the crucial NIS NIIS.BEL oil refinery faces possible shutdown over U.S. sanctions on its Russian owners.NIS, which covers most of Serbia's needs, last week requested ...Reuters
Mon, Nov 24
