News
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Not in Poland's interest to give Germany Nord Stream suspect, Tusk says
WARSAW, Oct 7 (Reuters) - It is not in Poland's interest to hand over a Ukrainian man wanted by Germany for suspected involvement in explosions which damaged the Nord Stream gas pipelines, the Polish prime minister said on Tuesday. Donald Tusk said that ultimately it was for the court t...Reuters
Tue, Oct 7
Brazil sets $1.9 billion minimum for pre-salt fields auction
RIO DE JANEIRO, Oct 7 (Reuters) - Brazil's government has set a minimum total payment of 10.2 billion reais ($1.91 billion) for an upcoming auction offering stakes in three pre-salt oil fields already in production but not yet contracted, state-run firm Pre-Sal Petroleo (PPSA) said.The auction, ...Reuters
Tue, Oct 7
EU proposes out-of-quota duty of 50% for imported steel, Sejourne says
BRUSSELS, Oct 7 (Reuters) - The European Commission proposes an out-of-quota duty of 50% for imported steel, EU Commissioner Stephane Sejourne said on Tuesday."This is the new safeguard clause on steel. This is the reindustrialization of Europe.", Sejourne said in a post on X.Reuters
Tue, Oct 7
U.S. propane inventories well stocked heading into winter heating season, EIA says
Oct 7 (Reuters) - The U.S. is well stocked with propane heading into the winter, the U.S. Energy Information Administration said on Tuesday.For the week ending September 26, U.S. propane inventory was 103 million barrels, about 13 million barrels more than the previous five-year average for this tim...Reuters
Tue, Oct 7
Global renewable power output overtakes coal for the first time, report says
By Susanna Twidale LONDON, Oct 7 (Reuters) - Renewable energy sources generated more electricity than coal globally for the first time in the first half of 2025, driven by rapid growth in China and India, a report by think tank Ember showed on Tuesday.Curbing coal power generation, which emits ar...Reuters
Tue, Oct 7
US natural gas prices edge up 1% on daily output drop
Pipeline constraints keep Waha Hub prices negativeAmple storage and mild weather forecast limit demandLower 48 states see drop in gas output, LSEG reportsBy Scott DiSavino Oct 7 (Reuters) - U.S. natural gas futures edged up about 1% on Tuesday on a decline in daily output.That increase came despi...Reuters
Tue, Oct 7
EXPLAINER-How companies are steering IPO plans amid US government shutdown
By Manya Saini Oct 7 (Reuters) - Companies looking to sidestep disruptions caused by the U.S. government shutdown to their initial public offerings can tap a provision that allows them to press ahead with their listing plans without the need for regulatory approvals.Biotech startup MapLight becam...Reuters
Tue, Oct 7
Rescuers race to evacuate stranded Everest hikers by Tuesday, source says
Blizzard trapped at least 550 trekkers near Everest in TibetSince Sunday, about 350 hikers have been led to safetySnowstorms also hit Xinjiang, Qinghai, Gansu in western ChinaBy Ryan Woo BEIJING, Oct 7 (Reuters) - More than 200 trekkers still stranded in freezing temperatures near the eastern fac...Reuters
Tue, Oct 7
CBOT Trends-Soybeans up 2-4 cents, corn mixed, wheat steady-up 1 cent
CHICAGO, Oct 7 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Steady to up 1...Reuters
Tue, Oct 7
SOFTS-London cocoa hits 1-1/2 year low as harvest gets underway, coffee heads lower
LONDON, Oct 7 (Reuters) - London cocoa futures on ICE hit their lowest in more than 1-1/2 years on Tuesday as dealers remained hopeful about harvest prospects in West Africa, while arabica coffee fell. COCOA* London cocoa LCCc2 fell 2.1% to 4,309 pounds per metric ton at 1250 GMT, after h...Reuters
Tue, Oct 7
Silver price slips amid US Dollar strength, but record high remains achievable
Silver (XAG/USD) edges 0.2% lower for the day on Tuesday, trading around $48.60 per troy ounce at the time of writing, after setting a new 14-year high at $48.77 on Monday. This consolidation move comes as the US Dollar (USD) regains traction, capping the metal’s bullish momentum.
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Tue, Oct 7
Chevron names Kevin McLachlan as VP of exploration
Oct 7 (Reuters) - Chevron Corp CVX.N on Tuesday named Kevin McLachlan as vice president of exploration, effective Nov. 1, as veteran executive Liz Schwarze prepares to retire early next year after more than three decades with the U.S. oil major.Reuters
Tue, Oct 7
Ukraine wants to increase gas imports by 30% after Russian attacks
Russia attacks raise fears of possible gas shortages Priority is to secure imports for November-December, energy minister saysUkraine had planned to import 4.6 bcm of gas in 2025/26 heating seasonBy Pavel Polityuk KYIV, Oct 7 (Reuters) - Ukraine wants to increase natural gas imports by 30% follow...Reuters
Tue, Oct 7
Ivanhoe Mines hits record zinc output in Congo's Kipushi mine
DAKAR, Oct 7 (Reuters) - Ivanhoe Mines IVN.TO produced 71,226 metric tons of copper and a record 57,200 tons of zinc in the third quarter from its flagship Kamoa-Kakula and Kipushi mines in the Democratic Republic of Congo, the company said on Tuesday.The Vancouver-based miner said robust copper out...Reuters
Tue, Oct 7
StoneX and Expana to launch OTC dairy derivatives
PARIS, Oct 7 (Reuters) - Commodity broker StoneX has partnered with price reporting agency Expana to launch over-the-counter dairy contracts based on Expana's European dairy price benchmarks, the companies said on Tuesday.The initial contracts will cover fat-filled milk powder and high-protein w...Reuters
Tue, Oct 7
GRAINS-Soybeans tick up as market weighs crops, U.S.-China ties
PARIS/CANBERRA, Oct 7 (Reuters) - Chicago soybean futures edged higher on Tuesday, steadying after a two-day fall, as traders monitored U.S. harvesting and Brazilian planting along with developments in a U.S-China trade battle that has halted soybean shipments. Corn and wheat futures also ticked hig...Reuters
Tue, Oct 7
