News
Important Only
Canada names proposed Ksi Lisims LNG project for fast-tracking
Ksi Lisims LNG capacity planned at 12 million tonnes annuallyShell and Total Energies have signed 20-year LNG purchase agreementsCompany CEO says final investment decision expected in early 2026By Amanda Stephenson CALGARY, Nov 13 (Reuters) - Canada said on Thursday it will add the proposed Ksi L...Reuters
Thu, Nov 13
US natgas scales highest level since March on stronger LNG exports, cold December outlook
Nov 13 (Reuters) - U.S. natural gas futures rose to their highest level since March on Thursday, supported by stronger liquefied natural gas (LNG) exports and forecasts for colder-than-normal weather in December. Front-month gas futures for December delivery NGc1 on the New York Mercantile Exchan...Reuters
Thu, Nov 13
GRAINS-Soy hits 17-month high, corn to 4-month top as trade braces for US data
USDA report on Friday expected to trim U.S. soy, corn yieldsLack of Chinese demand for U.S. cargoes caps pricesUSDA reopens, sets release dates for back-logged export dataBy Julie Ingwersen CHICAGO, Nov 13 (Reuters) - Chicago soybean futures rose on Thursday to their highest in nearly 17 months a...Reuters
Thu, Nov 13
Top Democrats slam Trump for delaying export curbs on China
Schumer, other Democratic senators criticize Trump for delaying export curbs on ChinaRule delay risks advancing China's tech agenda, Democrats argueSuspension undermines U.S. national security, reopens loopholes, they sayBy Alexandra Alper WASHINGTON, Nov 13 (Reuters) - Top Senate Democrats i...Reuters
Thu, Nov 13
US judge denies motions to disqualify officers, advisers involved in Citgo auction
Judge Stark says motions are defective and lack meritDenial allows the court to complete evaluation of recommended bidDecision on objections to recommended bid expected this monthBy Marianna Parraga HOUSTON, Nov 13 (Reuters) - A U.S. judge has denied motions filed by Venezuela and Gold Reserve GR...Reuters
Thu, Nov 13
Germany rethinks China policy as trade squeeze exposes vulnerabilities
Germany's expert commission to rethink China trade policyRare earth export curbs expose Germany's vulnerabilitiesGermany's dependency on China remains despite 2023 strategyBy Maria Martinez BERLIN, Nov 13 (Reuters) - Germany's parliament appointed an expert commission on Thursday ...Reuters
Thu, Nov 13
EXCLUSIVE-Carlyle exploring options to buy Lukoil foreign assets, sources say
By Dmitry Zhdannikov LONDON, Nov 13 (Reuters) - U.S. private equity giant Carlyle is exploring options to buy Russian oil major Lukoil's LKOH.MM foreign assets, three sources familiar with the situation said.The U.S. has hit Lukoil with sanctions as part of its effort to bring the Kremlin to ...Reuters
Thu, Nov 13
USDA opens sterile fly facility in Mexico to combat screwworm
Nov 13 (Reuters) - The U.S. Department of Agriculture (USDA) on Thursday announced the opening of a sterile fly dispersal facility in Tampico, Mexico, in the fight against New World screwworm (NWS). "The Tampico facility will allow USDA to disperse sterile flies aerially across northeastern Mexi...Reuters
Thu, Nov 13
US Cash Grains-Corn, soybean basis bids mostly flat to higher
CHICAGO, Nov 13 (Reuters) - Spot basis bids for corn and soybeans delivered to U.S. Midwest processing plants, river terminals and ethanol plants were mostly steady to up on Thursday, as futures climbed. The spot soybean basis bid rose by 5 cents a bushel at a processor in Lafayette, Indiana and by ...Reuters
Thu, Nov 13
EU wheat mixed with Argentine crop, US data in focus
PARIS, Nov 13 (Reuters) - Euronext wheat was mixed on Thursday, with competition from an expected bumper Argentine crop weighing on nearby prices while technical adjustments lent support to deferred positions.Price moves were limited, with grain markets awaiting direction from U.S. government data o...Reuters
Thu, Nov 13
Europe Gasoline/Naphtha-Gasoline cracks firm on lower inventories
LONDON, Nov 13 (Reuters) - Northwest European gasoline profit margins rose by $2.34 to $25.81 a barrel on Thursday as inventories of the motor fuel fell on both sides of the Atlantic.A total of 6,000 metric tons of Eurobob E5 gasoline barges traded as Equinor and Trafigura sold to Varo and Shell.No ...Reuters
Thu, Nov 13
Carlyle exploring options to buy Lukoil foreign assets, sources say
LONDON, Nov 13 (Reuters) - U.S. private equity giant Carlyle is exploring options to buy foreign assets from Russian oil major Lukoil, three sources familiar with the situation said.Carlyle is at the early stages of exploring a possible purchase of the assets, one of the sources said. It is looking ...Reuters
Thu, Nov 13
Gold retreats as Fed cut bets fade and safe-haven demand weakens
Gold (XAU/USD) rose on Thursday to a nearly three-week high of $4,245 as the US government reopening pushed the Greenback lower. Speculation that September’s jobs data could be the catalyst for the Federal Reserve (Fed) to cut rates pushed the yellow metal higher.
Fxstreet
Thu, Nov 13
IMF says Jamaica has buffers to finance immediate disaster-related needs
WASHINGTON, Nov 13 (Reuters) - The International Monetary Fund said it was closely monitoring developments in Jamaica and Haiti on Thursday following the devastation caused by Hurricane Melissa, adding that Jamaica had buffers to finance immediate disaster-related needs.IMF spokeswoman Julie Kozack ...Reuters
Thu, Nov 13
METALS-Copper stumbles on US caution, weak China lending data
LONDON, Nov 13 (Reuters) - Copper lost ground on Thursday after four straight days of gains, as base metal prices tracked equity markets lower amid caution over the reopening of the U.S. government and after weak lending data in top metals consumer China.Benchmark three-month copper CMCU3 on the...Reuters
Thu, Nov 13
US gasoline stockpile fell to 11-year low last week, EIA says
NEW YORK, Nov 13 (Reuters) - U.S. gasoline inventories fell 945,000 barrels to 205.1 million barrels last week, the lowest since November 2014, data from the Energy Information Administration showed on Thursday.Stocks of the motor fuel hit a three-year low of 49.4 million on the U.S. East Coast, hom...Reuters
Thu, Nov 13
WTI recovers slightly amid oversupply fears and EIA inventory surge
West Texas Intermediate (WTI) US Oil trades around $58.80 on Thursday at the time of writing, up 0.70% on the day. Crude Oil is attempting to stabilize after two highly volatile days, including a drop of more than 4% on Wednesday, driven by persistent fears of a global supply glut.
Fxstreet
Thu, Nov 13
IMF to start mission to Ukraine soon, stresses need for anti-corruption efforts
IMF says anti-corruption reforms central requirement for donorsUkraine needs 'robust' anti-corruption architecture, IMF saysUkraine, IMF in talks about a new four-year lending programBy Andrea Shalal and David Lawder WASHINGTON, Nov 13 (Reuters) - The International Monetary Fund will soon...Reuters
Thu, Nov 13
