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At COP30, California Governor Newsom blasts Trump for 'dumb' US climate policy
Trump allowing China to 'dominate' clean energy, Newsom saysNewsom says politicians need to change climate messagingCalifornia has the world's No. 4 economyBy Valerie Volcovici BELEM, Brazil, Nov 11 (Reuters) - California Governor Gavin Newsom assured an audience at the COP30 clim...Reuters
Tue, Nov 11
Gold Price Forecast: XAU/USD extends upside to near $4,150 as ADP report shows US job losses
Gold price (XAU/USD) extends the rally to around $4,140 during the early Asian session on Wednesday. The precious metal gains momentum on further bets of a rate cut by the US Federal Reserve (Fed) by year-end. Traders will keep an eye on the Fedspeak later on Wednesday.
Fxstreet
Tue, Nov 11
Communities donate meals and funds as US food aid remains in limbo
Food bank donations rise, restaurants offer free meals during SNAP lapseSNAP benefit distribution varies by state as legal battle unfoldsNearly 42 million Americans use food stamp benefitsBy Brad Brooks, Leah Douglas and Andrew Hay LONGMONT, Colorado, Nov 11 (Reuters) - For Anthony DeSousa, the ...Reuters
Tue, Nov 11
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Nov 12 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$64.90/$64.69res $65.39/$65.80/$66.18Palm oil (3rd month)4,174/4,196 ringgitsup 4,124/4,107/4,080 ringgitWTI(1st month)$60.68/$60.44res $61.22/$61.69/$61.95Spot gold$4...Reuters
Tue, Nov 11
US Supreme Court extends pause on order requiring Trump to fully fund food aid
WASHINGTON, Nov 11 (Reuters) - The U.S. Supreme Court on Tuesday extended a pause on a judge's order that required President Donald Trump's administration to fully fund food aid for 42 million low-income Americans this month amid the federal government shutdown, even as lawmakers took steps ...Reuters
Tue, Nov 11
Orla Mining Q3 adjusted EPS beats estimates
OverviewOrla Mining Q3 adjusted EPS beats analyst expectationsCompany generates record $93 mln in free cash flow for Q3Orla maintains production and cost guidance despite Camino Rojo pit wall eventOutlookOrla reaffirms 2025 gold production guidance of 265,000 to 285,000 ouncesCompany targets AISC of...Reuters
Tue, Nov 11
US Supreme Court allows Trump administration to continue SNAP cutback
Nov 11 (Reuters) - The U.S. Supreme Court on Tuesday extended a pause on a judge's order that required President Donald Trump's administration to fully fund food aid for 42 million low-income Americans this month amid the federal government shutdown, even as lawmakers took steps toward endin...Reuters
Tue, Nov 11
Venture Global inks 20-year LNG supply deal with Japan's Mitsui
Nov 11 (Reuters) - Venture Global VG.N said on Tuesday it signed a long-term agreement with Japanese trading house Mitsui 8031.T to supply 1.0 million tonnes per annum of liquefied natural gas (LNG). Japan, the second-largest LNG importer after China, is seeking stable and flexible energy suppl...Reuters
Tue, Nov 11
UK to ban maritime services for Russian LNG exports
LONDON, Nov 11 (Reuters) - Britain plans to ban companies from providing services such as shipping and insurance for Russian liquefied natural gas exports, in its latest attempt to help Ukraine in its war against Russia by trying to choke off Kremlin revenue.In October, the European Union approved n...Reuters
Tue, Nov 11
Mexico imposes 156% tariff on sugar imports
By Adriana BarreraMEXICO CITY, Nov 11 (Reuters) - Mexico on Tuesday implemented a new tariff for sugar imports due to falling international prices and a risk of oversupply in the domestic market, according to the country's Official Gazette.The new tariff of 156% per kg applies to all types of su...Reuters
Tue, Nov 11
CIF/FOB Gulf Grain-Soybean barge bids lower, corn bids generally steady
CHICAGO, Nov 11 (Reuters) - Basis bids for soybeans shipped by barge to the U.S. Gulf Coast turned lower in nearby loading positions on Tuesday, as traders waited for signs of Chinese buying, traders said.Corn basis bids were generally steady, traders said.Export premiums softened, particularly for ...Reuters
Tue, Nov 11
US Cash Crude-Mars firms as Brent/WTI spread widens
Nov 11 (Reuters) - Mars Sour grade largely firmed on Tuesday, dealers said, as the discount between Brent and U.S. West Texas intermediate crude widened.Mars Sour strengthened 20 cents to a discount of $1.50 a barrel. The spread between Brent and WTI widened to as little as minus $4.16, below the mi...Reuters
Tue, Nov 11
Marathon Reports Turnaround Activity At Carson, California Refinery
Nov 11 (Reuters) - MARATHON PETROLEUM: REPORTS PLANNED FLARE EVENT FROM NOV 12 - 21 AT CARSON, CALIFORNIA REFINERY DUE TO TURNAROUND ACTIVITYSOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGCAPACITY: 365,000 BARRELS PER DAYReuters
Tue, Nov 11
EXCLUSIVE-Shell challenges arbitration decision on Venture Global LNG supply contracts
By Francesca Landini and Stephanie Kelly LONDON, Nov 11 (Reuters) - Shell SHEL.L has challenged its defeat in an arbitration case against U.S. liquefied natural gas producer Venture Global in the New York Supreme Court, a legal filing seen by Reuters shows, weeks after rival BP BP.L won a sim...Reuters
Tue, Nov 11
PRECIOUS-Gold gains as traders bet delayed U.S. data will strengthen rate cut outlook
US Senate passes bill to end shutdownGold price highest since October 23Fed's Miran suggests 50 basis-point rate cut in DecemberBy Noel John and Pablo Sinha Nov 11 (Reuters) - Gold prices hit a near three-week high on Tuesday, bolstered by expectations that a potential end to the U.S. go...Reuters
Tue, Nov 11
US natgas futures extend rally to eight-month high on bets of fresh December cold, firm power demand
December contract Waha Hub prices remain in negative territory for sixth straight sessionGas demand at 118.6 bcfd this week versus 108.6 bcfd last week, LSEG saysBy Sherin Elizabeth VargheseNov 11 (Reuters) - U.S. natural gas futures rose 5% on Tuesday, extending gains to an eight-month high, as tra...Reuters
Tue, Nov 11
Oil up as investors balance sanctions risks, oversupply worries
Lukoil declares force majeure at Iraqi oilfield amid sanctionsU.S. government shutdown resolution boosts demand expectationsSaudi Arabia, Iraq, Kuwait to supply more oil to IndiaBy Nicole Jao NEW YORK, Nov 11 (Reuters) - Oil prices gained about $1 on Tuesday on the impact of the latest U.S. sanct...Reuters
Tue, Nov 11
LIVESTOCK-CME cattle futures mixed as cash market softens
By Heather Schlitz CHICAGO, Nov 11 (Reuters) - Feeder cattle futures on the Chicago Mercantile Exchange ticked higher on Tuesday while live cattle futures slipped as market players weighed a softening cash market and consumer demand for beef, analysts said.CME December live cattle futures LCZ25 s...Reuters
Tue, Nov 11
GRAINS-Soybeans ease as market awaits Chinese purchases
Chicago soybean futures fall on lack of Chinese buyingAmple supplies from freshly harvested US crops add pressureBy Heather Schlitz CHICAGO, Nov 11 (Reuters) - Chicago soybeans fell for the first time in three sessions on Tuesday, as the market came under pressure amid a lack of large-scale purch...Reuters
Tue, Nov 11
