News
Important Only
CIF/FOB Gulf Grain-Corn, soybean barge bids turn lower
CHICAGO, Nov 10 (Reuters) - Basis bids for soybeans and corn shipped by barge to the U.S. Gulf Coast turned lower in nearby loading positions on Monday, traders said.But tight near-term grain loading capacity at Gulf and Pacific Northwest terminals continue to keep a floor under export premiums, tra...Reuters
Mon, Nov 10
Oil settles higher as tight fuel markets offset crude supply concerns
Fuel prices gain on refinery outages, Russian supply disruptionsCrude oil oversupply concerns persist on rising outputUS Senate advances bill to end federal shutdownFlight delays, cancellations in the US accelerateBy Shariq Khan NEW YORK, Nov 10 (Reuters) - Oil prices settled higher on Monday as ...Reuters
Mon, Nov 10
CBOT soy climbs on optimism about China and US government reopening
CHICAGO, Nov 10 (Reuters) - Chicago Board of Trade soybean futures rose on Monday on signs of progress toward the end of a record-long U.S. government shutdown, along with expectations of a revival of U.S. soybean exports to top buyer China, traders said.CBOT January soybeans SF26 settled up 13 cent...Reuters
Mon, Nov 10
Imperial Reports Operational Issue At Sarnia Site
Nov 10 (Reuters) - IMPERIAL OIL: REPORTS OPERATIONAL ISSUE THAT IS TEMPORARILY CAUSING DARKER-THAN-NORMAL EMISSIONS FROM THE BOILER STACK AT SARNIA SITEREPORTS BASED ON CURRENT ASSESSMENTS, WE DO NOT EXPECT THESE EMISSIONS TO EXCEED GOVERNMENT REGULATORY GUIDELINESSOURCE: COMMUNITY ALERTIMPERIAL OPE...Reuters
Mon, Nov 10
US Cash Crude-Grades ease as Brent/WTI spread narrows
Nov 10 (Reuters) - U.S. crude grades largely weakened on Monday, dealers said, as the discount between Brent and U.S. West Texas intermediate crude narrowed.WTI Midland, WTI at East Houston, also known as MEH, and Mars Sour eased. The spread between Brent and WTI to as much as minus $3.98, below the...Reuters
Mon, Nov 10
US natgas hits eight-month peak on cold weather, robust LNG export flows
December contract Waha Hub prices remain in negative territory for fifth straight sessionGas demand at 119.3 bcfd this week versus 108.6 bcfd last week, LSEG saysBy Sherin Elizabeth Varghese Nov 10 (Reuters) - U.S. natural gas futures scaled an eight-month peak on Monday, buoyed by robust flows t...Reuters
Mon, Nov 10
PRECIOUS-Gold climbs nearly 3% to two-week peak as soft economic data cements rate cut bets
Gold hits highest level since October 24Silver rises over 4% to hit highest since October 21US Senate advances bill to end federal shutdownBy Noel John and Pablo Sinha Nov 10 (Reuters) - Gold prices climbed nearly 3% on Monday to hit a more than two-week high as soft economic data out of the Uni...Reuters
Mon, Nov 10
GRAINS-Soybeans rise on China demand hopes; corn and wheat rebound
Investors welcome progress towards ending US federal shutdownSoybeans up for second session, market awaits Chinese buyingCorn, wheat rise after two-day slideBy Julie Ingwersen CHICAGO, Nov 10 (Reuters) - Chicago Board of Trade soybean, corn and wheat futures rose on Monday on signs of progress to...Reuters
Mon, Nov 10
US food aid benefits for 42 million hang on legal battles, shutdown
Court upholds order for full SNAP funding during shutdownUSDA had directed states to halt full SNAP benefits issuanceSNAP benefits cost $8.5 billion to $9 billion monthly, funding uncertainty remainsBy Nate Raymond and Jack Queen BOSTON, Nov 10 (Reuters) - The availability of food aid for 42 mill...Reuters
Mon, Nov 10
Mexico's Esentia expects to raise $610 million in IPO
By Noe TorresNov 10 (Reuters) - Mexico's Esentia Energy Development aims to raise $610 million through an initial public offering, the firm said in a statement on Monday.Esentia Energy Development, which is dedicated to the transport and commercialization of natural gas, plans to issue 224 milli...Reuters
Mon, Nov 10
North Sea Crude-WTI weakens after three deals
LONDON, Nov 10 (Reuters) - U.S. WTI Midland crude differentials weakened on Monday after three deals in the Platts window. PLATTS WINDOWIndications are free on board (FOB) unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).WTI Midland: Petroineos bought from Mercuria...Reuters
Mon, Nov 10
Gold rises despite easing Fed cut bets, US Dollar recovery
Gold price rallies over 2% on Monday as investors increases bets on a Federal Reserve (Fed) rate cut at the December meeting. Meanwhile, news of a possible reopening of the US government pushed the Greenback higher, yet the yellow-metal buyers remain reluctant to give way to earlier gains.
Fxstreet
Mon, Nov 10
US Cash Grains-Corn processor basis bids steady-firm after farmer sales slowdown
CHICAGO, Nov 10 (Reuters) - Spot corn basis bids were steady to higher at U.S. Midwest ethanol plants and processing facilities on Monday after a drop in futures prices late last week slowed farmer sales, brokers said. Spot soybean basis bids were mostly unchanged at elevators and processors around ...Reuters
Mon, Nov 10
Brazil's COP30 climate summit opens with a plea for countries to get along
COP30 opens with UN climate chief urging cooperationIndigenous leaders demand more say in territory managementUS absence criticized by California Governor NewsomGermany says Europe open to discussing fossil fuel reduction plansBy Valerie Volcovici, Katy Daigle and William James BELEM, Brazil, Nov...Reuters
Mon, Nov 10
Europe Gasoline/Naphtha-Gasoline cracks jump
LONDON, Nov 10 (Reuters) - Northwest European gasoline profit margins rose by $2.11 a barrel to $21.25 on Monday, their highest since May 2024.A total of 9,000 metric tons of Eurobob E5 gasoline barges traded as Equinor, Gunvor, Sahara and Aramco sold to Varo, Shell and Garant ST.Another 8,000 tons ...Reuters
Mon, Nov 10
EU lawmaker committee gets behind new 2040 climate target
EU Parliament supports 90% emissions cut by 2040Backs plan to cover 5% of goal with carbon creditsCommittee rejects far-right lawmaker proposal to scrap the targetLawmakers, countries must agree on final goalBy Kate Abnett BRUSSELS, Nov 10 (Reuters) - A committee of European Union lawmakers endor...Reuters
Mon, Nov 10
EU wheat futures dip on export competition
PARIS, Nov 10 (Reuters) - Euronext wheat futures edged lower on Monday as sales of Black Sea supplies to Egypt underscored export competition and countered support from a rebound in Chicago prices.December wheat BL2Z5 on Paris-based Euronext was down 0.3% at 191 euros ($222.74) a metric ton by 1706 ...Reuters
Mon, Nov 10
US to support Bolivia in negotiations with multilateral lenders, says Landau
Nov 10 (Reuters) - The United States will support Bolivia in its negotiations with multilateral financial institutions, U.S. Deputy Secretary of State Christopher Landau said during a press briefing on Monday. His remarks followed the U.S. delegation's attendance at the inauguration of Bolivian ...Reuters
Mon, Nov 10
