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US Treasury says Russian oil revenues cut by sanctions on Rosneft, Lukoil
By David LawderWASHINGTON, Nov 17 (Reuters) - The U.S. Treasury said on Monday that U.S. sanctions against Russian oil majors Rosneft ROSN.MM and Lukoil LKOH.MM are already reducing Russian oil revenues and are likely to reduce the quantity of Russian oil sold in the long term.The Treasury's Of...Reuters
Mon, Nov 17
BP restores part of Olympic Pipeline after Washington leak
By Nicole JaoNEW YORK, Nov 17 (Reuters) - BP BP.L was responding to a release of refined products on the Olympic Pipeline System east of Everett, Washington, and had partially restored part of the system, the company said on Monday.The BP-operated Olympic shut its pipelines in the area after the dis...Reuters
Mon, Nov 17
CIF/FOB Gulf Grain-Soybean basis rallies as China books US purchases
CHICAGO, Nov 17 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast and loaded for export rallied on Monday after top importer China booked its largest purchases of the recently harvested crop.Chinese state-owned grain trader COFCO booked at least 14 cargoes of U.S. soybeans ...Reuters
Mon, Nov 17
Venture Global wants to double planned capacity of Plaquemines LNG facility
Venture Global seeks FERC approval for Plaquemines LNG expansionExpansion aims to meet strong market demand, says CEO Mike SabelPlaquemines expansion to be built in three phases, fully commissioned by 2027By Curtis Williams HOUSTON, Nov 17 (Reuters) - Venture Global VG.N said on Monday it had ask...Reuters
Mon, Nov 17
Australia's Viridis secures Canadian financing interest for rare earths project
Nov 18 (Reuters) - Australia's Viridis Mining and Minerals VMM.AX said on Tuesday it received a letter of interest from Export Development Canada for up to $100 million in debt financing for its Colossus rare earths project in Brazil.The financing from Canada's export credit agency follows a...Reuters
Mon, Nov 17
Honda Aims To Gradually Resume Production In North America Plants From Nov 24 After Being On Halt Due To Chip Shortage, Nikkei Says
Nov 18 (Reuters) - Honda Motor Co Ltd 7267.T:HONDA AIMS TO GRADUALLY RESUME PRODUCTION IN NORTH AMERICA PLANTS FROM NOV 24 AFTER BEING ON HALT DUE TO CHIP SHORTAGE, NIKKEI SAYSSource text: [ID:]Reuters
Mon, Nov 17
CORRECTED-Peru says new US tariff exemption includes about 100 agricultural export products
LIMA, Nov 17 (Reuters) - Peru's Foreign Trade and Tourism Minister Teresa Mera said on Monday that a new U.S. tariff exemption includes more than 100 products from the Andean country's agricultural export basket. U.S. President Donald Trump last week rolled back tariffs on more than 200 ...Reuters
Mon, Nov 17
LIVESTOCK-CME cattle jump as traders shrug off tariff rollbacks
By Tom Polansek CHICAGO, Nov 17 (Reuters) - Chicago Mercantile Exchange cattle futures ended higher on Monday as traders shrugged off U.S. President Donald Trump's decision to roll back tariffs on beef imports last week.The tariff cuts were negative for cattle futures on Thursday and Friday, ...Reuters
Mon, Nov 17
Trump would back Russia sanctions bill if he retains final authority, White House official says
By Gram Slattery, Andrea Shalal and Steve Holland WASHINGTON, Nov 17 (Reuters) - President Donald Trump is willing to sign legislation to impose sanctions on Russia as long as he retains ultimate decision-making authority over any such measures, a senior White House official said on Monday.Trump ...Reuters
Mon, Nov 17
Australia's Viridis secures Canadian financing interest for rare earths project
Nov 18 (Reuters) - Australia's Viridis Mining and Minerals VMM.AX said on Tuesday it received a letter of interest from Export Development Canada for up to $100 million in debt financing for its Colossus rare earths project in Brazil.Reuters
Mon, Nov 17
Pope Leo urges stronger action as UN climate summit enters final week
Pope says world failing to do enough to fight climate changeCompeting priorities make final COP30 summit week toughBrazil's President Lula will aim to help bridge gapsSummit scheduled to end FridayBy Lisandra Paraguassu, Kate Abnett and Sudarshan Varadhan BELEM, Brazil, Nov 17 (Reuters) - Pop...Reuters
Mon, Nov 17
GRAINS-US soy futures hit June 2024 high as China ramps up buying
COFCO buys at least 14 cargoes of US soybeans, traders sayTrump said China would make purchasesChina grapples with soy glut after record importsWheat futures set highest price since JulyBy Tom Polansek CHICAGO, Nov 17 (Reuters) - U.S. soybean futures climbed to the highest level since June 2024 o...Reuters
Mon, Nov 17
US Cash Crude-Mars Sour rises as domestic refinery demand firms, wide Brent/WTI spread
Nov 17 (Reuters) - Grades were mixed on Monday, dealers said, with Mars Sour rising on firm domestic refinery demand as well as a wide discount between Brent and U.S. crude futures. U.S. oil refiners are expected to have about 442,000 barrels per day of capacity offline in the week ending November 2...Reuters
Mon, Nov 17
EXCLUSIVE-Chevron joins race to explore potential purchase of Lukoil assets, sources say
Chevron exploring options to buy assets where it overlaps with LukoilInterest follows US Treasury clearance for companies to talk to LukoilChevron and Lukoil overlap in Kazakhstan oilfields, Nigeria offshore licensesBy Shariq Khan, Anna Hirtenstein and Dmitry Zhdannikov NEW YORK/LONDON, Nov 17 (R...Reuters
Mon, Nov 17
Saudi crown prince to visit US with defence, AI, nuclear on agenda
Saudi leader wants security guaranteesAI, civilian nuclear energy also top Saudi prioritiesTrump confirms plans to approve sale of F-35 fighter jets to SaudisTrump focused on Saudi pledge to invest $600 billion in USBy Timour Azhari and Matt Spetalnick RIYADH/WASHINGTON, Nov 17 (Reuters) - A visi...Reuters
Mon, Nov 17
BP partially restored Olympic pipeline system after leak
By Nicole JaoNEW YORK, Nov 17 (Reuters) - BP BP.L is responding to a release on refined fuels pipeline east of Everett, Washington, the company said on Monday.Olympic continued to investigate the leak on the Olympic Pipeline system, BP said.The operator restored service on the unimpacted segment of ...Reuters
Mon, Nov 17
Tyson Foods to halt carbon emissions claims, environmental group says
Environmental group accused Tyson of misleading consumersTyson had claimed net-zero greenhouse gas emissions by 2050Company says it made no admission of wrongdoing By Tom Polansek CHICAGO, Nov 17 (Reuters) - Tyson Foods TSN.N has agreed to stop saying it will reach net-zero greenhouse gas emissio...Reuters
Mon, Nov 17
PRECIOUS-Gold falls over 1% on firm dollar, reduced rate cut bets
Dollar extends gains against its main rivalsFed needs to move slowly with further rate cuts, Jefferson saysFed minutes due on WednesdayFocus on US non-farm payrolls report on ThursdayBy Pablo Sinha Nov 17 (Reuters) - Gold prices fell more than 1% on Monday, pressured by a stronger dollar and...Reuters
Mon, Nov 17
Oil prices ease after loadings resume at Russian export hub
Russia's Novorossiysk port has resumed oil loadingsUS plans sanctions on nations doing business with RussiaSpeculators increase ICE Brent net longs on supply risksBy Arathy Somasekhar HOUSTON, Nov 17 (Reuters) - Oil prices eased on Monday as loadings resumed at Russia's Novorossiysk expor...Reuters
Mon, Nov 17
CBOT wheat hits July high on technical buying, short covering
CHICAGO, Nov 17 (Reuters) - Chicago Board of Trade wheat futures Wv1 reached their highest level since July on Monday on technical buying and short covering, analysts said.Spillover support from strong gains in soybean futures also helped to lift wheat futures.Global wheat supplies were considered t...Reuters
Mon, Nov 17
