News
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FERC rejects Colonial Pipeline tariff filing aimed at changing gasoline delivery rules
Nov 3 (Reuters) - The U.S. Federal Energy Regulatory Commission (FERC) has rejected Colonial Pipeline’s proposed tariff revisions that sought to alter gasoline specifications and certification requirements.Reuters
Tue, Nov 4
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Nov 4 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$64.23/$63.44res $65.21/$65.82Palm oil (3rd month)4,106/4,044 ringgitres 4,145/4,169/4,184 ringgitWTI(1st month)$60.56/$60.69res $61.48/$61.91/$62.20Spot gold$3,970/$3,...Reuters
Tue, Nov 4
Gold Price Forecast: XAU/USD holds below $4,000 as Fed’s hawkish remarks lift US Dollar
Gold price (XAU/USD) declines to around $4,000 during the early Asian session on Tuesday. The precious metal edges lower as traders dialed back bets for further Federal Reserve (Fed) rate cuts. The Fed’s Michelle Bowman is scheduled to speak later in the day.
Fxstreet
Tue, Nov 4
Patria-backed Omnia joins $9 billion TikTok data center project in Brazil
By Luciana Magalhaes and Leticia Fucuchima SAO PAULO, Nov 3 (Reuters) - Omnia, a data center company owned by Brazilian investment firm Patria PAX.O, said on Monday it has joined the project to develop a 50 billion real ($9.25 billion) data center in Brazil that is expected to have TikTok as its ...Reuters
Tue, Nov 4
US travel group warns Congress of Thanksgiving chaos amid government shutdown
Nov 3 (Reuters) - A travel association has urged the U.S. Congress in a letter on Monday to reopen the federal government ahead of the Thanksgiving travel rush, as the shutdown stretches into its 34th day.The prolonged shutdown has led to a spike in airline delays, affecting airports and 3.2 million...Reuters
Tue, Nov 4
GRAINS-Soybeans touch 16-month high, wheat firms on Chinese demand hopes
Chicago soybeans hit highest since July 2024Hopes for Chinese demand after last week's Trump-Xi meetingChina also reportedly seeking US wheatBy Julie Ingwersen CHICAGO, Nov 3 (Reuters) - Chicago soybean futures rose to 16-month highs on Monday on expectations China will restart large-scale U....Reuters
Mon, Nov 3
Williams Companies profit falls short of estimates on higher expenses
Nov 3 (Reuters) - U.S. pipeline operator Williams Companies WMB.N missed Wall Street estimates for third-quarter profit on Monday as higher interest and maintenance costs offset gains from higher service revenues, sending its shares down more than 2% after the bell.Williams, which owns and operates...Reuters
Mon, Nov 3
CORRECTED-CBOT wheat ends higher on hopes of China demand, technical buying
CHICAGO, Nov 3 (Reuters) - Chicago Board of Trade wheat futures closed higher on Monday on hopes of renewed Chinese purchases and technical buying including short-covering, traders said.CBOT December soft red winter wheat WZ25 settled up 9-1/2 cents at $5.43-1/2 per bushel.K.C. December hard red win...Reuters
Mon, Nov 3
CIF/FOB Gulf Grain-Spot soy barge bids ease on higher futures, farmer sales
CHICAGO, Nov 3 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals eased on Monday as rising futures prices and accelerated farmer selling bolstered supplies in the export pipeline, traders said.Chicago Board of Trade soybean futures Sv1 hit their highest point in 16 mo...Reuters
Mon, Nov 3
South Korea to restructure steel industry hit by tariffs, oversupply
SEOUL, Nov 4 (Reuters) - South Korea said on Tuesday it plans to restructure the domestic steel industry after the sector has been buffeted by higher tariffs imposed by the United States and the European Union as well as oversupply issues, according to the industry ministry. The ministry said in a s...Reuters
Mon, Nov 3
US to pay reduced food aid benefits, but warns of weeks or months of delay
Partial SNAP payments unprecedented in program's 60-year historyStates may face delays in distributing reduced benefitsDemocratic-led states and officials push for full SNAP fundingBy Nate Raymond and Leah Douglas Nov 3 (Reuters) - President Donald Trump's administration said on Monday it...Reuters
Mon, Nov 3
Diamondback Energy to sell unit's assets for $670 million, tops profit estimates
By Vallari SrivastavaNov 3 (Reuters) - Diamondback Energy FANG.O on Monday beat estimates for quarterly profit and said it would sell its subsidiary Viper Energy's VNOM.O non-Permian assets for $670 million to an affiliate of GRP Energy Capital and Warwick Capital Partners.U.S. shale producers ...Reuters
Mon, Nov 3
CANADA-CRUDE-Discount on Western Canada Select narrows
Nov 3 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed on Monday. WCS for December delivery in Hardisty, Alberta, settled at $11.10 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared to Friday'...Reuters
Mon, Nov 3
Cannabis REIT Innovative Industrial's Q3 revenue edges past expectations
OverviewInnovative Industrial Q3 revenue beats analyst expectations despite a 15% yr/yr declineCompany announces $270 mln investment in IQHQ, diversifying beyond cannabis industryClosed new $100 mln secured revolving credit facility, enhancing financial flexibilityResult DriversTENANT DEFAULTS - Rev...Reuters
Mon, Nov 3
Specialty coffee firm BRC Q3 revenue rises 2.6% on wholesale growth
OverviewBRC Q3 2025 revenue grows 2.6% yr/yr but misses analyst expectationsNet loss for Q3 2025 was $1.2 mln, a decrease from $1.4 mln in Q3 2024Adjusted EBITDA increased to $8.4 mln, up from $7.1 mln in Q3 2024OutlookCompany maintains full-year revenue guidance at least $395 mlnBRC expects full-ye...Reuters
Mon, Nov 3
US Cash Grains-Corn, soy bids mostly steady amid light selling
CHICAGO, Nov 3 (Reuters) - Corn and soy bids were mostly flat in the U.S. Midwest on Monday, with light selling by farmers, market sources said. Some farmers took advantage of a price bump to sell their crop.The U.S. harvest of soybeans and corn is winding down, a Reuters analyst poll showed on Mond...Reuters
Mon, Nov 3
Household products maker Clorox Q1 revenue beats analyst expectations
OverviewClorox fiscal Q1 revenue decreased 19% but beat analyst expectationsAdjusted EPS for fiscal Q1 beats consensus despite a 54% year-over-year decreaseCompany's ERP transition led to lower shipments and sales declineOutlookClorox maintains FY 2026 net sales outlook to decline 6% to 10%Cloro...Reuters
Mon, Nov 3
CBOT soybeans touch 16-month high on optimism about demand from China
CHICAGO, Nov 3 (Reuters) - Chicago Board of Trade soybean futures set 16-month highs on Monday on expectations that China will restart large-scale U.S. soy buying after the two countries reached a deal to de-escalate their trade war, brokers said.CBOT January soybeans SF26 settled up 19 cents at $11...Reuters
Mon, Nov 3
CBOT corn ends higher, following advances in soybeans and wheat
CHICAGO, Nov 3 (Reuters) - Chicago Board of Trade corn futures ended higher on Monday, following strength in soybean and wheat futures tied to hopes of stepped-up Chinese purchases of U.S. soy and wheat supplies, traders said.CBOT December corn CZ25 settled up 2-3/4 cents at $4.34-1/4 per bushel.The...Reuters
Mon, Nov 3
Coterra Energy misses third-quarter profit estimates
Nov 3 (Reuters) - Coterra Energy CTRA.N missed Wall Street estimates for third-quarter profit on Monday, as the oil and gas company struggled with lower oil prices. The company's adjusted profit was 41 cents per share for the three months ended September 30, compared with the analysts' avera...Reuters
Mon, Nov 3
