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US Plains HRW Wheat-Basis bids mostly steady as futures drift lower
CHICAGO, Aug 18 (Reuters) - Spot basis bids for hard red winter wheat held mostly steady around the southern U.S. Plains on Monday in slow trade as futures prices eased, grain merchants said.Farmer sales remained slow on Monday as growers in the southern Plains have locked away their recently harves...Reuters
Mon, Aug 18
Gold consolidates as Fed Minutes and ceasefire speculation cap gains
Gold price traded sideways on Monday as traders await the meeting between Trump, Zelenskiy, and European leaders in Washington following last week's summit between US President Donald Trump and Russian President Vladimir Putin.
Fxstreet
Mon, Aug 18
Citi Says European TTF Gas Could Head To Mid-€20S/Mwh On Potential Russia-Ukraine Deal
Aug 18 (Reuters) - CITI RESEARCH:SAYS EUROPEAN TTF GAS PRICES COULD HEAD TOWARD MID-€20S/MWH ON POTENTIAL RUSSIA-UKRAINE DEALSAYS ITS BASE CASE THAT RUSSIAN PIPED GAS EXPORTS TO EUROPE VIA UKRAINE PROBABILISTICALLY LIKELY TO RESUME IN LATE 2025 LEADS TO BELOW-MARKET BASE CASE FORECAST FOR 2026 TTF A...Reuters
Mon, Aug 18
PRECIOUS-Gold prices steady as investors assess Trump–Zelenskiy meeting
Trump says U.S. would "help out" Europe in providing security to UkrainePalladium gains after hitting lowest level since July 10Powell to speak at Fed's annual conference, scheduled for August 21–23By Noel John Aug 18 (Reuters) - Gold prices were largely steady on Monday, as investors...Reuters
Mon, Aug 18
US court reopens Citgo parent auction for bids, winner to be recommended this month
HOUSTON, Aug 18 (Reuters) - A U.S. judge on Monday authorized a court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to receive and negotiate improved bids this week before confirming or changing the winner recommendation he made last month. A final ...Reuters
Mon, Aug 18
Hurricane Erin threatens US east coast and Bermuda with dangerous surf
By Mia MacGregorAug 18 - (The Insurer) - Hurricane Erin is expected to produce life-threatening surf and rip currents along the beaches of the Bahamas, much of the east coast of the U.S., Bermuda and Atlantic Canada in the coming days, according to the latest update from the National Hurricane Cente...Reuters
Mon, Aug 18
US Cash Grains-Soybean basis mixed at crush facilities, corn bids steady-firm at ethanol plants
CHICAGO, Aug 18 (Reuters) - Spot basis bids for U.S. soybeans were steady to lower at most Midwest elevators and mixed at crush plants on Monday, while corn basis bids were steady to firm at processing plants and flat to lower at river elevators, traders said.Some farmers have been liquidating corn ...Reuters
Mon, Aug 18
Europe Gasoline/Naphtha-Gasoline profit margins decline
LONDON, Aug 18 (Reuters) - Northwest European gasoline profit margins fell 75 cents to $16.13 a barrel on Monday.A total of 4,000 metric tons of Eurobob E5 barges traded in the session, with Gunvor selling to ExxonMobil.No E10 barges traded on the day.Russia's Syzran oil refinery suspended produ...Reuters
Mon, Aug 18
METALS-Stronger dollar weighs on copper ahead of crucial geopolitical events
By Polina Devitt LONDON, Aug 18 (Reuters) - Copper prices fell on Monday due to a stronger dollar and uncertainty ahead of a crucial event for the outlook for U.S. interest rates and a meeting between U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelenskiy.Three-month copper...Reuters
Mon, Aug 18
Holders of Venezuelan bond secure payment pact with Elliott's affiliate, representative says
HOUSTON, Aug 18 (Reuters) - Holders of a defaulted Venezuelan bond have reached a preliminary settlement agreement with Amber Energy, an affiliate of hedge fund Elliott Investment Management, as part of an improved bid for Citgo Petroleum's parent submitted earlier this month, a representative o...Reuters
Mon, Aug 18
Power Up: Oil market on hold ahead of Ukraine talks
Aug 18 - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil prices are down slightly to start the week ahead ofU.S.-Ukraine talks following Friday's inconclusive meeting between U.S. President Donald Trump and Russian President Vladimir Putin. Crude had closed Friday&#...Reuters
Mon, Aug 18
ANALYSIS-Tough US stance casts gloom over plastics pollution deal after Geneva flop
Trump administration seen digging in on positions, delegates sayNegotiations described as 'chaotic', with some blaming UNChina acknowledges need to address full-life cycle of plasticsBy Olivia Le Poidevin and Emma Farge GENEVA, Aug 18 (Reuters) - The collapse on Friday of a sixth round of...Reuters
Mon, Aug 18
Gupta lawyers fail to appear for Trafigura fraud case hearing
By Eric Onstad LONDON, Aug 18 (Reuters) - Lawyers representing Indian businessman Prateek Gupta said they failed to appear for a hearing on Monday because of funding difficulties in a long-running fraud case brought by commodity trader Trafigura about nickel cargoes, a London court heard.Geneva-b...Reuters
Mon, Aug 18
Gas demand at two of the top US LNG plants declines
HOUSTON, Aug 18 (Reuters) - Two of the United States' largest liquefied natural gas export plants recorded major declines in demand for natural gas on Monday, suggesting parts of their facilities might be down, according to data from financial firm LSEG.Cheniere's LNG.N Sabine Pass export fa...Reuters
Mon, Aug 18
China extends probe into EU dairy products as trade tussle goes on
China extends year-old anti-subsidy probe by another six monthsEU industry expected move given ongoing Chinese technical visitsChina also probing EU pork amid electric vehicle row with EUBy Ella Cao and Joe Cash BEIJING, Aug 18 (Reuters) - China extended on Monday its anti-subsidy investigation i...Reuters
Mon, Aug 18
Caspian pipeline suspends one mooring point for maintenance for three weeks
MOSCOW, Aug 18 (Reuters) - The Caspian Pipeline Consortium (CPC) halted operations at one of three mooring points, SMP-3, on August 15 for maintenance that will take up to three weeks, it said on Monday.Loadings have been carried out through SMP-1 and SMP-2, it added. CPC usually utilises two moo...Reuters
Mon, Aug 18
Caspian pipeline says it suspends one mooring point for maintenance for three weeks
MOSCOW, Aug 18 (Reuters) - The Caspian Pipeline Consortium (CPC) said on Monday it has halted operations at one of three mooring points, SMP-3, on August 15 for maintenance for up to three weeks.It also said loadings have been carried out through SMP-1 and SMP-2.Reuters
Mon, Aug 18
Peru's copper production rises in June backed by Chinese firms
LIMA, Aug 18 (Reuters) - Peru's copper production rose 7.1% year-on-year in June, thanks mostly to higher output from Chinese firms, the country's Energy and Mines Ministry said on Monday.The world's third-largest copper producer said output in the month totaled 228,932 metric tons.Produ...Reuters
Mon, Aug 18
Technicality and simplicity key to Mexico's multiperil parametric deal: Lockton's Monsalve
By Henry GaleAug 18 - (The Insurer) - The multiperil parametric insurance program now in place for the government of Mexico aims to hit a "sweet spot" by providing a technical solution that is simple to understand, Lockton's Diego Monsalve told Parametric Insurer.Lockton, in partnership ...Reuters
Mon, Aug 18
