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Oil ends slightly up, trade choppy on report, denial of US attack plan on Venezuela
Trump issues denial on social media that U.S. plans to attack VenezuelaNews media reports say U.S. plans air strikes on Venezuela Brent, WTI set to fall about 2.6% and 2% in OctoberOPEC+ lean towards modest output boost ahead of Sunday meeting, sources sayBy Erwin Seba HOUSTON, Oct 31 (Reuters) -...Reuters
Fri, Oct 31
US Cash Grains-Corn, soy bids steady-higher as futures rise
CHICAGO, Oct 31 (Reuters) - Corn and soy bids were steady to higher in the U.S. Midwest on Friday, dealers reported.The corn basis ticked higher at a river terminal.The soy basis rose at a river terminal and an elevator.U.S. corn harvesting was winding down amid talk that crop yields fell short of s...Reuters
Fri, Oct 31
CBOT wheat futures rise with soybeans after US-China trade truce
CHICAGO, Oct 31 (Reuters) - Chicago Board of Trade wheat futures finished higher alongside soybeans on Friday, a day after U.S. officials announced a trade deal with China.U.S. Treasury Secretary Scott Bessent said China agreed to buy 12 million metric tons of U.S. soybeans through January and 25 mi...Reuters
Fri, Oct 31
CBOT soybeans climb to 15-month high on China trade optimism
CHICAGO, Oct 31 (Reuters) - U.S. soybean futures set a 15-month high on expectations for increased Chinese buying on Friday and posted their biggest monthly gain in almost five years, traders said.China agreed to buy 12 million metric tons of U.S. soybeans through January and 25 million tons annuall...Reuters
Fri, Oct 31
US natural gas futures soar to six-month high on LNG export surge
Record LNG export flows drive demand increaseGas output in Lower 48 states declines in OctoberForecasts predict higher gas demand in coming weeksOil-to-gas ratio hits lowest since Dec 2022Gas storage levels about 4% above normal, easing supply concernsBy Scott DiSavinoOct 31 (Reuters) - U.S. natural...Reuters
Fri, Oct 31
Canada to accelerate critical mineral projects worth $4.6 billion, energy minister says
By Divya Rajagopal TORONTO, Oct 31 (Reuters) - Canada will accelerate mining projects worth C$6.4 billion ($4.6 billion), as part of the Critical Minerals Production Alliance, Energy and Natural Resources Minister Tim Hodgson said on Friday. The announcement came at the end of the two-day Group o...Reuters
Fri, Oct 31
Norway's Vianode to build synthetic graphite plant for EV batteries in Ontario
Says first phase requires $1.43 billion investmentProduction expected to start late 2028Canadian government to support funding of the plant, Vianode saysBy Nick Carey LONDON, Oct 31 (Reuters) - Norway's Vianode will build a multi-billion-dollar synthetic graphite plant in Ontario to supply an...Reuters
Fri, Oct 31
Exxon beats Q3 profit estimates on higher Guyana, Permian production
Exxon raises dividend by 4% to $1.03 per shareCompany on track to complete $20 billion share buyback this yearExxon incurs $510 million in restructuring costs in Q3By Sheila Dang HOUSTON, Oct 31 (Reuters) - Exxon Mobil XOM.N beat Wall Street estimates for third-quarter earnings on Friday, und...Reuters
Fri, Oct 31
CBOT corn ends nearly flat as traders assess US-China deal
CHICAGO, Oct 31 (Reuters) - Chicago Board of Trade corn futures finished nearly unchanged on Friday after Washington and Beijing did not mention specific trade commitments for the grain in a trade deal on Thursday, traders said. Spillover support from gains in CBOT soybeans helped to underpin corn p...Reuters
Fri, Oct 31
World Bank arbitration body rejects Barrick expedition request in Mali case, sources say
By Portia Crowe and Divya Rajagopal DAKAR/TORONTO, Oct 31 (Reuters) - A request by Barrick Mining ABX.TO to expedite its international arbitration case against Mali has been rejected, two people familiar with the matter told Reuters on Friday. The West African country's government has been in...Reuters
Fri, Oct 31
S&P Revises Boeing's Outlook To Stable From Negative On Increasing Production
Oct 31 (Reuters) - S&P:S&P: BOEING CO. OUTLOOK REVISED TO STABLE FROM NEGATIVE ON INCREASING PRODUCTION; 'BBB-' RATINGS AFFIRMEDS&P ON BOEING: STABLE OUTLOOK REFLECTS OUR VIEW THAT CREDIT MEASURES WILL APPROACH OUR EXPECTATIONS FOR THE RATING NEXT YEARS&P ON BOEING: BOEING FA...Reuters
Fri, Oct 31
Trump says Christians face threat in Nigeria, adds country to watch list
WASHINGTON, Oct 31 (Reuters) - U.S. President Donald Trump said on Friday that Christianity faces an "existential threat" in Nigeria and he was adding the West African nation to a State Department watch list for countries of "particular concern."Reuters
Fri, Oct 31
Melissa dissipates, leaves destruction and at least 50 dead in Caribbean
At least 31 confirmed dead in Haiti, 19 in JamaicaForecaster estimates up to $52 billion in damagesMelissa was among strongest-ever storms at landfallStorm now downgraded to post-tropical cyclone By Zahra Burton and Steven AristilKINGSTON/PORT-AU-PRINCE, Oct 31 (Reuters) - Melissa, one of the strong...Reuters
Fri, Oct 31
US Plains HRW Wheat-Wheat basis steady in quiet trade
CHICAGO, Oct 31 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in the U.S. Plains on Friday as trade was quiet, dealers said.Roughly one-third of wheat is too dry in the U.S. Plains. Dryness is expected to expand.Farmers are well into planting the 2026 winter wheat crop.Wheat ...Reuters
Fri, Oct 31
PRECIOUS-Gold slips 1% on rate cut uncertainty, set for third monthly rise
Gold set for third monthly gainInvestors trim December rate cut bets from above 90% to 63%Trump reduces tariffs on China to 47% from 57%By Noel John Oct 31 (Reuters) - Gold prices fell by 1% on Friday, weighed down by uncertainty over another U.S. Federal Reserve interest rate cut this year, but ...Reuters
Fri, Oct 31
US Gulf producer LLOG Exploration explores sale at $3 billion valuation, sources say
By David French NEW YORK, Oct 31 (Reuters) - LLOG Exploration Offshore is exploring a potential sale, which may value one of the largest privately held oil and gas producers in the U.S. Gulf at more than $3 billion including debt, people familiar with the matter said.The Covington, Louisiana-base...Reuters
Fri, Oct 31
US drillers cut oil and gas rigs for first time in three weeks, says Baker Hughes
Rig count down 7% from last year, says Baker HughesOil rigs fell to lowest since September 2025, gas rigs highest since August 2023EIA projects rise in crude and gas output despite price fluctuationsBy Scott DiSavino NEW YORK, Oct 31 (Reuters) - U.S. energy firms this week cut the number of oil a...Reuters
Fri, Oct 31
GRAINS-Soybeans set for biggest monthly gain in nearly four years on China trade optimism
By Tom Polansek CHICAGO, Oct 31 (Reuters) - U.S. soybean futures were on course for their biggest monthly gain in nearly four years on Friday following a rally fuelled by the prospect of revived exports to China, traders said.Prices Sv1 remained near a 15-month high reached on Thursday after U.S....Reuters
Fri, Oct 31
Europe Gasoline/Naphtha-Gasoline cracks edge up
LONDON, Oct 31 (Reuters) - Northwest European gasoline profit margins rose by about 11 cents a barrel to $16.54 on Friday.A total of 6,000 metric tons of Eurobob E5 gasoline barges were traded as Varo and ExxonMobil sold to Trafigura and TotalEnergies.Another 6,000 tons of Eurobob E10 gasoline barge...Reuters
Fri, Oct 31
