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Europe Gasoline/Naphtha-Gasoline cracks hold steady
LONDON, Nov 3 (Reuters) - Northwest European gasoline profit margins were down just 2 cents a barrel at $16.49 on Monday.A total of 8,000 metric tons of Eurobob E5 gasoline barges were traded as Varo and Equinor sold to TotalEnergies, Exxon and MB Energy.Another 3,000 tons of Eurobob E10 gasoline ba...Reuters
Mon, Nov 3
Canada and Pakistan agree to facilitate canola trade as Canada seeks new markets for commodity
TORONTO, Nov 3 (Reuters) - Canada and Pakistan have agreed to facilitate the export of Canadian canola to the South Asian nation, the countries said in a joint statement on Monday.Canada has been looking to open new markets for the commodity after China announced preliminary anti-dumping duties on C...Reuters
Mon, Nov 3
US Cash Grains-Corn basis bids higher, soy bids mixed as futures rise
CHICAGO, Nov 3 (Reuters) - Basis bids for corn were higher and soy bids were mixed in the U.S. Midwest on Monday as futures gained strength.The soy basis fell at an Ohio elevator and rose at an Indiana processor.The corn basis rose at an Iowa processor, an Illinois river terminal and three processor...Reuters
Mon, Nov 3
Freeport LNG in Texas resumes operations after power outage, data shows
Freeport LNG Saturday outage due to power feed interruptionOfficials at Freeport make no comment on outageGas flow to Freeport expected to reach 1.0 bcfd on MondayFreeport shutdown, restart affects US and European gas pricesNEW YORK, Nov 3 (Reuters) - Freeport LNG's Texas export plant was on tra...Reuters
Mon, Nov 3
Venezuela's oil exports fall over lower inventories, imports
Venezuela's oil exports drop 26% from SeptemberImports of diluents from Russia decreased significantlyChina remains primary destination for Venezuelan oil exportsBy Marianna Parraga HOUSTON, Nov 3 (Reuters) - Venezuela's oil exports declined 26% to some 808,000 barrels per day in October ...Reuters
Mon, Nov 3
PRECIOUS-Gold steady as focus shifts to US private payroll data
US ADP employment data due on WednesdayChina cuts gold tax exemption for some retailersGold prices fell over 8% since hitting record highBy Noel John and Pablo Sinha Nov 3 (Reuters) - Gold prices held steady on Monday, hovering around $4,000 per ounce, as investors hunkered down for U.S. pri...Reuters
Mon, Nov 3
Freeport LNG in Texas back in service after shutdown on Saturday, says LSEG data
NEW YORK, Nov 3 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Monday, a sign that the it was back in service after all three of the plant's liquefaction trains shut on Saturday, according to data from financial...Reuters
Mon, Nov 3
US Henry Hub natural gas prices average three-year high for October
Nov 3 (Reuters) - Benchmark U.S. spot natural gas prices at the Henry Hub NG-W-HH-SNL in Louisiana hit a three-year high for the month of October, LSEG pricing data showed.Gas prices averaged $3.19 per million British thermal units (mmBtu), their highest for October since 2022. That was up from $2.1...Reuters
Mon, Nov 3
Buffett-owned utility warns of strained liquidity from wildfire trials
PacifiCorp faces $55 billion of claims over 2020 firesWildfire victims accused PacifiCorp of negligenceBerkshire CEO-designate: Utility can't simply pay everyoneBy Jonathan Stempel Nov 3 (Reuters) - A utility owned by Warren Buffett's Berkshire Hathaway BRKa.N warned on Monday it could fa...Reuters
Mon, Nov 3
US becomes first country to export 10 million tonnes of LNG in single month
US sets new record for monthly LNG salesExports rise past 10 million tonnes per month Country's two largest LNG exporters led increaseBy Curtis Williams HOUSTON, Nov 3 (Reuters) - The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a sing...Reuters
Mon, Nov 3
RPT-INTERVIEW-Iraq can disarm factions only when the US withdraws, prime minister says
US withdrawal linked to disarming factions, Sudani saysSudani highlights US investment in Iraq's energy sectorSudani confident in election victory, aims for second termBy Timour Azhari and Ahmed Rasheed BAGHDAD, Nov 3 (Reuters) - Iraq has pledged to bring all weapons under the control of the ...Reuters
Mon, Nov 3
Chevron looks to explore 'strategic' West Africa after Guinea-Bissau offshore
By Wendell Roelf CAPE TOWN, Nov 3 (Reuters) - Chevron CVX.N is looking to expand its acreage in West Africa, which is a strategic region for the U.S. oil major, a senior executive said on Monday after striking a deal to explore for oil in two offshore blocks in Guinea-Bissau.The blocks are in the...Reuters
Mon, Nov 3
INTERVIEW-Iraq can disarm factions only when the US withdraws, prime minister says
US withdrawal linked to disarming factions, Sudani saysSudani highlights US investment in Iraq's energy sectorSudani confident in election victory, aims for second termBy Timour Azhari and Ahmed Rasheed BAGHDAD, Nov 3 (Reuters) - Iraq has pledged to bring all weapons under the control of the ...Reuters
Mon, Nov 3
Mercosur soy output seen rising in 2025/26 despite smaller planted area
SAO PAULO, Nov 3 (Reuters) - Soybean production in South America's Mercosur bloc is expected to grow by 0.8% year-on-year in the 2025/26 season, agribusiness consultancy Celeres said on Monday, despite a slight reduction in the area planted with the oilseed. WHY IT'S IMPORTANTMercosur is...Reuters
Mon, Nov 3
SLB launches new AI product as it focuses on digital sales growth
HOUSTON, Nov 3 (Reuters) - Energy technology company SLB SLB.N launched a new artificial intelligence tool on Monday to automate processes and workflows for oilfield service companies moving to leverage AI to unlock growth.SLB's new technology, Tela, will be embedded into the company's portf...Reuters
Mon, Nov 3
US natgas prices hold near seven-month high on record LNG export flows
Record flows to LNG export plants boost demand forecastsGas output hits record highs, storage levels above averageWarmer weather expected to limit heating demand through mid-NovemberOil-to-gas ratio hits lowest since Dec 2022By Scott DiSavinoNov 3 (Reuters) - U.S. natural gas futures held near a sev...Reuters
Mon, Nov 3
PRECIOUS-Gold ticks higher as focus shifts to US private payroll data
US ADP employment data due on WednesdayChina cuts gold tax exemption for some retailersGold prices fell over 8% since hitting record highBy Noel John and Pablo Sinha Nov 3 (Reuters) - Gold prices firmed on Monday, holding above $4,000 per ounce, as investors hunkered down for U.S. private payrol...Reuters
Mon, Nov 3
Assailants attack tanker off Somalia in suspected pirate strike
LONDON, Nov 3 (Reuters) - Armed assailants attacked a commercial tanker off the coast of Mogadishu on Monday, firing at the vessel after attempting to board the ship in the first suspected Somali piracy incident of its kind since 2024, maritime sources said. If confirmed, this would be the first Som...Reuters
Mon, Nov 3
CBOT Trends-Wheat up 6-7 cents, corn up 1-2, soy up 2-5
CHICAGO, Nov 3 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Up 6 to 7 cents pe...Reuters
Mon, Nov 3
