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GRAINS-Soybeans firm ahead of USDA data; weak China demand caps gains
Traders adjust positions ahead of US supply and demand data Data has not been released during government shutdownChina purchases continue to be modestBy Renee Hickman CHICAGO, Nov 12 (Reuters) - Chicago soybeans ticked up slightly on Wednesday as traders adjusted positions ahead of the release of...Reuters
Wed, Nov 12
Oil prices fall more than $2/bbl as OPEC says 2026 supply to match demand
OPEC report says oil supply will match demand in 2026IEA sees oil, natural gas demand growing through 2050US House expected to vote to end government shutdownBy Erwin Seba HOUSTON, Nov 12 (Reuters) - Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global ...Reuters
Wed, Nov 12
Gold tests $4,200 amid weak Dollar and yields ahead of US shutdown vote
Gold (XAU/USD) rallies sharply past the $4,200 milestone on Wednesday, as US Treasury yields slip and the US Dollar gives back earlier gains. An improvement in risk appetite has not kept the yellow metal from recovering after falling to $3,886 late October, following a record high near $4,400.
Fxstreet
Wed, Nov 12
CBOT corn futures firm ahead of USDA data release
CHICAGO, Nov 12 (Reuters) - Chicago Board of Trade corn futures ticked higher on Wednesday as traders adjusted positions ahead of a major U.S. agricultural data release.CBOT December corn CZ25 settled up 3-1/4 cents at $4.35-1/4 per bushel.Investors adjusted positions ahead of the U.S. Department of...Reuters
Wed, Nov 12
CBOT wheat choppy as traders await USDA data
CHICAGO, Nov 12 (Reuters) - Chicago Board of Trade wheat futures were little changed on Wednesday as the U.S. Department of Agriculture prepares to release world supply and demand data on Friday. CBOT December soft red winter wheat WZ25 traded flat to end at $5.36 per bushel.K.C. December hard red w...Reuters
Wed, Nov 12
CBOT soy rises as traders await USDA data
CHICAGO, Nov 12 (Reuters) - Chicago Board of Trade soybean futures firmed as traders adjusted positions ahead of the U.S. Department of Agriculture's release of domestic and global supply and demand data, the first since the government shutdown. Gains were capped amid a lack of large-scale purch...Reuters
Wed, Nov 12
US criticises Britain over nuclear reactor proposals
LONDON, Nov 12 (Reuters) - The U.S. ambassador to London on Wednesday attacked Britain's approach to nuclear power in an unusually strong criticism on the eve of an expected decision on the development of a site in north Wales.Britain is expected on Thursday to announce its first small modular r...Reuters
Wed, Nov 12
EIA raises US oil output forecast, says oversupply will weigh on prices
US oil output to hit record 13.59 million bpd this year, EIA saysAgency raises global oil output, demand forecastsStill sees large surplus in global oil marketUS fuel prices to decline this year and next, EIA saysBy Nicole Jao and Shariq Khan NEW YORK, Nov 12 (Reuters) - U.S. oil production is ex...Reuters
Wed, Nov 12
US natural gas futures steady even as LNG demand surges to record levels
December contract Gas demand at 119.2 bcfd this week versus 108.6 bcfd last week, LSEG saysLSEG forecast 252 HDDs over two weeks, up from 228, indicating stronger heating demandGas usage in LNG at record highsBy Sherin Elizabeth Varghese Nov 12 (Reuters) - U.S. natural gas futures were little cha...Reuters
Wed, Nov 12
Oil output by Exxon Mobil-led consortium in Guyana hits 900,000 bpd
Nov 12 (Reuters) - Oil output by U.S. major Exxon Mobil XOM.N and its consortium partners in Guyana reached 900,000 barrels per day (bpd), the company said in a release, a milestone after the group's fourth production facility began operations this year.The Yellowtail output facility has now rea...Reuters
Wed, Nov 12
PRECIOUS-Gold gains 2% on optimism about US government reopening
US House due to vote later in the day on government shutdownADP report shows employers shed 11,250 jobs per week on averageTraders see a 65% chance of US interest rate cut in DecemberSilver rises over 4%By Noel John Nov 12 (Reuters) - Gold prices climbed 2% on Wednesday as U.S. Treasury yields sl...Reuters
Wed, Nov 12
Trump is committed to a $2,000 dividend to Americans using tariff income-White House
WASHINGTON, Nov 12 (Reuters) - President Donald Trump is committed to providing Americans a $2,000 check using money that has come into government coffers from Trump's tariffs, the White House said on Wednesday.White House press secretary Karoline Leavitt told reporters that Trump's staff is...Reuters
Wed, Nov 12
US trade talks ongoing, changes coming for food, Hassett says
WASHINGTON, Nov 12 (Reuters) - U.S. President Donald Trump is still negotiating major trade deals, with some changes coming for food products, White House economic adviser Kevin Hassett said on Wednesday, without giving further details. "It's an ongoing process," Hassett said in remarks ...Reuters
Wed, Nov 12
RPT-Lukoil's foreign assets attract rush of buyers
From Egypt to Kazakhstan buyers express interest in assetsLukoil has until November 21 to complete any transactionUS could freeze funds from sales By Shariq Khan, Isaac Anyaogu and Anna Hirtenstein Nov 12 (Reuters) - From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil LKOH.MM...Reuters
Wed, Nov 12
Lukoil's foreign assets attract rush of buyers
From Egypt to Kazakhstan buyers express interest in assetsLukoil has until November 21 to complete any transactionUS could freeze funds from sales By Shariq Khan, Isaac Anyaogu and Anna Hirtenstein Nov 12 (Reuters) - From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil are att...Reuters
Wed, Nov 12
US Cash Grains-Corn, soybean basis steady-firm at processors, river elevators
CHICAGO, Nov 12 (Reuters) - Spot basis bids for corn and soybeans delivered to U.S. Midwest processing plants and barge-loading river elevators were mostly steady to higher on Wednesday, supported by slow farmer selling, brokers said.The spot soybean basis bid rose by 5 cents a bushel at a crush pla...Reuters
Wed, Nov 12
Europe Gasoline/Naphtha-Gasoline cracks rise
LONDON, Nov 12 (Reuters) - Northwest European gasoline profit margins rose by $2.32 to $23.47 a barrel on Wednesday.A total of 8,000 metric tons of Eurobob E5 gasoline barges traded as Sahara and Trafigura sold to Varo and BP.Another 10,000 tons of Eurobob E10 gasoline barges changed hands with Gunv...Reuters
Wed, Nov 12
Chevron targets 10% annual cash flow growth through 2030, higher cost-cutting
Chevron 2030 plan underscores efficiency driveOil and gas production to grow 2%-3% annuallyChevron to reduce capex, increase cost-reduction target By Sheila Dang HOUSTON, Nov 12 (Reuters) - Chevron CVX.N said on Wednesday that it plans to grow free cash flow by more than 10% annually through 2030...Reuters
Wed, Nov 12
GRAINS-Soybeans firm ahead of USDA data; weak China demand caps gains
Traders adjust positions ahead of U.S. supply and demand data Data has not been released during government shutdownChina purchases continue to be modestBy Renee Hickman CHICAGO, Nov 12 (Reuters) - Chicago soybeans ticked up slightly on Wednesday as traders adjusted positions ahead of the release ...Reuters
Wed, Nov 12
EU wheat edges higher as traders await key USDA report
PARIS, Nov 12 (Reuters) - European wheat edged higher on Wednesday in volatile trade as operators positioned themselves ahead of a much-awaited U.S. government supply and demand report on Friday.Benchmark December milling wheat BL2Z5 on Paris-based Euronext closed 0.4% higher at 190.00 euros ($221.5...Reuters
Wed, Nov 12
