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China buys first Australian canola cargo since 2020, traders say
SINGAPORE/BEIJING, Aug 18 (Reuters) - Chinese state-run trading firm COFCO has booked a cargo of about 50,000 metric tons of new-crop Australian canola, two traders told Reuters, just days after Beijing imposed temporary levies on top supplier Canada.Reuters
Tue, Aug 19
Australia's Santos flags delay in finalising ADNOC-led offer beyond deadline
Scheme agreement signing not likely by Aug 22Consortium needs more time for approvalsSantos defers HY results to Aug 25 Aug 19 (Reuters) - Australia's Santos STO.AX said on Tuesday that Abu Dhabi's National Oil Company (ADNOC)-led international consortium would not be able to finalise an ...Reuters
Tue, Aug 19
Australia's Santos flags delay in finalising ADNOC-led offer beyond deadline
Scheme agreement signing not likely by Aug 22Consortium needs more time for approvalsSantos defers HY results to Aug 25 Aug 19 (Reuters) - Australia's Santos STO.AX said on Tuesday that Abu Dhabi's National Oil Company (ADNOC)-led international consortium would not be able to finalise an ...Reuters
Tue, Aug 19
Iron ore sinks BHP FY profit to 5-year low but dividend boosts shares
FY25 profit $10.16 bln misses estimatesFY dividend of $1.10/share lowest since 2017 but better than expectedDemand for commodities resilient despite tariff uncertainty, BHP saysNet debt target raised to between $10 billion and $20 billion By Sameer Manekar and Byron Kaye Aug 19 (Reuters) - BHP BH...Reuters
Tue, Aug 19
Ukrainian drones spark fire at oil refinery, hospital roof in Russia's Volgograd, Russia says
Aug 19 (Reuters) - Debris from destroyed Ukrainian drones sparked fires at an oil refinery and a hospital roof in Russia's Volgograd region, the administration of the southwestern Russian region said on Tuesday in a post on the Telegram messaging app. "Firefighters are working on site trying...Reuters
Tue, Aug 19
Ukrainian drones spark fire at oil refinery, hospital roof in Russia's Volgograd, Russia says
Aug 19 (Reuters) - Debris from destroyed Ukrainian drones sparked fires at an oil refinery and a hospital roof in Russia's Volgograd region, the administration of the southwestern Russian region said on Tuesday in a post on the Telegram messaging app. "Firefighters are working on site trying...Reuters
Tue, Aug 19
Hurricane Erin could bring dangerous seas as it grows near the Bahamas
Erin is the first hurricane of 2025 Atlantic seasonCoastal flooding possible in North Carolina's Outer Banks from late Wednesday, NHC saysErin will likely maintain its force as a dangerous major hurricane, NHC says By Scott Vincent and Sarah MorlandAug 18 (Reuters) - Residents in the Bahamas and...Reuters
Tue, Aug 19
REFILE-Oil edges lower as market ponders potential Russia-Ukraine peace talks
By Anjana Anil Aug 19 (Reuters) - Oil prices slipped in early Asian trade on Tuesday as market participants contemplated planned three-way talks among Russia, Ukraine and the U.S. to end the war in Ukraine, which could lead to an end to sanctions on Russian crude.Brent crude futures LCOc1 fell 7 ...Reuters
Tue, Aug 19
WTI price recovers above $62.50 as traders brace for Trump-Zelenskiy meeting
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.55 during the early Asian trading hours on Tuesday. The WTI edges higher after talks between US President Donald Trump and his Ukrainian counterpart in the wake of an inconclusive US-Russia summit in Alaska on Friday.
Fxstreet
Tue, Aug 19
US appeals court temporarily blocks land transfer for Arizona's Resolution Copper project
Aug 18 (Reuters) - A U.S. appeals court on Monday temporarily blocked federal officials from completing a land transfer needed for Rio Tinto RIO.L and BHP BHP.AX to develop Arizona's Resolution Copper project.The San Francisco-based 9th U.S. Circuit Court Of Appeals granted a temporary administr...Reuters
Mon, Aug 18
US Cash Crude-WTI Midland, MEH firm as WTI's discount to Brent widens
Aug 18 (Reuters) - Cash crude differentials strengthened for WTI Midland and premiums for WTI at East Houston climbed to their highest since April on Monday as U.S. crude futures' discount to the international benchmark Brent widened to its most since June. West Texas Intermediate crude futures&...Reuters
Mon, Aug 18
Brazil competition authority targets soy exporters in probe
SAO PAULO, Aug 18 (Reuters) - A unit of Brazilian competition authority CADE has formally suggested a full-blown investigation into the signatories of Brazil's "Soy Moratorium Program," a voluntary initiative under which exporters agree not buy soy from farmers who cleared land in the A...Reuters
Mon, Aug 18
Steelmaker ArcelorMittal reports explosion at Mexico plant, none injured
MEXICO CITY, Aug 18 (Reuters) - A strong explosion rocked steelmaker ArcelorMittal's facilities in the Pacific town of Lazaro Cardenas in Mexico on Monday, the firm said. No injuries were reported and material damages were still being assessed, ArcelorMittal said in a statement. The cause of the...Reuters
Mon, Aug 18
LIVESTOCK-Cattle futures higher on screwworm concerns, tight supply
By Heather Schlitz CHICAGO, Aug 18 (Reuters) - Chicago Mercantile Exchange cattle futures continued a rally on Monday as traders reckoned with near-record high wholesale beef prices and a tight supply of cattle as calf imports from Mexico remained closed.The U.S. Department of Agriculture on Frid...Reuters
Mon, Aug 18
CSX On Enfield Derailment Says Services Expected To Resume By 9 P.M. This Evening, With Full Restoration Anticipated By Midnight
Aug 18 (Reuters) - CSX Corp CSX.O:CSX CORP ON ENFIELD, NC, DERAILMENT SAYS SERVICES ARE EXPECTED TO RESUME BY 9 P.M. THIS EVENING, WITH FULL RESTORATION ANTICIPATED BY MIDNIGHTReuters
Mon, Aug 18
Canada's jobs minister opens probe into allegations of unpaid work in airline sector
Aug 18 (Reuters) - Canada's jobs minister, Patty Hajdu, said on Monday she had ordered a probe into allegations of unpaid work in the airline sector, saying it would start immediately."If employers are exploiting loopholes in the Canada Labour Code, we will close them. Nobody should be expec...Reuters
Mon, Aug 18
Vulcan Elements signs rare earths supply deal with ReElement Technologies
Aug 18 (Reuters) - Vulcan Elements, a North Carolina-based rare earth magnet manufacturer, has agreed to buy a supply of the critical minerals from ReElement Technologies that will be sourced outside of China.The companies, both of which are privately held, declined to give precise financial terms b...Reuters
Mon, Aug 18
Canada's jobs minister encourages mediation between Air Canada and flight attendants' union
Aug 18 (Reuters) - Canadian Jobs Minister Patty Hajdu encouraged Air Canada and its flight attendants' union to undergo mediation in order to finalize a collective agreement and resolve a strike the Canada Industrial Relations Board (CIRB) has declared unlawful. "The Canadian Industrial ...Reuters
Mon, Aug 18
Valero Port Arthur, Texas Refinery Reports Emissions
Aug 18 (Reuters) - Valero VLO.N:REPORTS PROCESS UNIT UPSET RESULTING IN A LEAKING VALVE BONNET AND EMISSIONS TO ATMOSPHERE AT PORT ARTHUR, TEXAS REFINERYREPORTS RESPONSE EFFORTS WERE INITIATED IMMEDIATELY TO ADDRESS THE INCIDENT AND MINIMIZE EMISSIONSCAPACITY: 360,000 BARRELS PER DAYSOURCE: TEXAS CO...Reuters
Mon, Aug 18
UBS raises gold target price for end-March 2026 by $100 to $3,600/oz
Aug 18 (Reuters) - UBS on Monday raised its gold target price for end-March 2026 by $100 to $3,600 per ounce as persistent U.S. macroeconomic risks, de-dollarization trends, and strong investment demand — especially from exchange-traded funds (ETFs) and central banks — are expected to drive gold pri...Reuters
Mon, Aug 18
