News
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US natural gas slips but logs best week since late April
By Anushree Mukherjee and Pablo Sinha Oct 3 (Reuters) - U.S. natural gas futures fell on Friday, but logged their best week since late April, supported by a report showing a smaller-than-expected storage build. Front-month gas futures for November delivery NGc1 on the New York Mercantile Ex...Reuters
Fri, Oct 3
CBOT wheat ends firm on short covering, but lower in the week
CHICAGO, Oct 3 (Reuters) - Chicago Board of Trade wheat futures edged higher on Friday on a weaker U.S. dollar and on short-covering and follow-through buying after the market hit contract lows at midweek.CBOT December soft red winter wheat WZ25 was 1/2 cent higher at $5.15-1/4 per bushel. For the w...Reuters
Fri, Oct 3
CBOT corn ends lower on accelerating US harvest, technical pressure
CHICAGO, Oct 3 (Reuters) - Chicago Board of Trade corn futures fell on Friday and ended lower for a third straight week as abundant supplies and the accelerating harvest of a likely record-large U.S. crop weighed on the market, analysts said.CBOT December corn CZ25 settled 2-3/4 cents lower at $4.19...Reuters
Fri, Oct 3
Republican bill to end US government shutdown falling short of passage in Senate, voting continues
WASHINGTON, Oct 3 (Reuters) - A Republican bill to fund the U.S. government and end a shutdown was falling short of the votes needed for passage in the Senate on Friday, as voting continued.Reuters
Fri, Oct 3
Gold climbs as shutdown fuels haven demand, eyes record high
Gold price advances during the North American session on Friday, up by 0.70% for the day as the US government shutdown extends to three days, poised to end the week positively for the seventh straight week. At the time of writing, XAU/USD trades at $3,882 after hitting a daily low of $3,838.
Fxstreet
Fri, Oct 3
ICE canola futures log daily and weekly falls on weak exports, harvest pressure
WINNIPEG, Manitoba, Oct 3 (Reuters) - ICE canola futures fell on Friday and for the week as weak export sales and harvest pressure create a glut in nearby supplies.• November canola RSX5 settled down $8.80 at $605 per metric ton. January RSF6 fell $8.70 to $618.10. The market was closed Tuesday for ...Reuters
Fri, Oct 3
CBOT soybeans end lower on harvest pressure, but notch weekly gain
CHICAGO, Oct 3 (Reuters) - Chicago Board of Trade soybean futures climbed to a two-week high on Friday but closed lower as a rapidly advancing U.S. harvest sparked late selling that offset earlier support from hopes for import demand from China, analysts said.CBOT November soybeans SX25 settled 5-3/...Reuters
Fri, Oct 3
IAEA discussing proposals with Russia, Ukraine to restore power to Zaporizhzhia plant, Grossi says
Oct 3 (Reuters) - The International Atomic Energy Agency Director General Rafael Grossi said on Friday he is discussing detailed proposals with Russia and Ukraine on how to restore off-site power to the Zaporizhzhia Nuclear Power Plant.The plant, Europe's largest, has been cut off from external ...Reuters
Fri, Oct 3
Russia's largest attack on Ukraine's gas production critically damages Naftogaz sites
Production sites in Kharkiv, Poltava regions damagedRussia aims to disrupt heating season, Naftogaz saysUkrainian drones target Russia's oil refinery By Pavel Polityuk and Yuliia Dysa KYIV, Oct 3 (Reuters) - A massive Russian air assault struck several of Ukraine's main gas productio...Reuters
Fri, Oct 3
Falling ocean shipping rates put carrier profits at risk, analysts say
Off-contract 'spot' rates fall to lowest since Jan 2024, data showedGap between spot and container rates narrowing, Drewry saidRates approach break-even levels for some container carriersCustomers regaining upper hand in contract negotiationsBy Lisa Baertlein LOS ANGELES, Oct 3 (Reuters) ...Reuters
Fri, Oct 3
PRECIOUS-Gold set for seventh straight weekly rise on US shutdown woes, rate cut bets
Gold up over 3% so far this weekUBS expects gold to rise to $4,200 over coming months US Senate to vote on dueling plans to end shutdownBy Noel John and John Biju Oct 3 (Reuters) - Gold prices rose on Friday, hovering near record highs and heading for a seventh consecutive weekly gain, supported ...Reuters
Fri, Oct 3
GRAINS-Soybeans flat as rapid US harvest overshadows China trade hopes
By Karl Plume CHICAGO, Oct 3 (Reuters) - U.S. soybean futures were little changed on Friday as pressure from a fast-advancing U.S. harvest offset support from hopes that upcoming U.S.-China talks could revive stalled soybean trade.Corn edged lower on the prospect of rising supplies from a likely ...Reuters
Fri, Oct 3
TIMELINE-Trump's trade war: Tariff deadlines and key upcoming events
Oct 3 (Reuters) - U.S. President Donald Trump's tariff strategy has injected uncertainty into global financial markets, exacerbated by legal challenges to the levies and Trump's push for bilateral trade deals.Trump's order on "reciprocal" tariffs for exports from 69 trading partn...Reuters
Fri, Oct 3
US drillers report oil and gas rigs unchanged for the week at 549, says Baker Hughes
By Scott DiSavino Oct 3 (Reuters) - U.S. energy firms this week kept the number of oil and natural gas rigs virtually unchanged, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The rig count including a miscellaneous category, an early indicator of future out...Reuters
Fri, Oct 3
US soybean farmers, deserted by big buyer China, scramble for other importers
China buys no soybeans from autumn US harvestTrade war makes US soy too costly for China buyersAlternative export markets are small in comparisonBy Tom Polansek WATERMAN, Illinois, Oct 3 (Reuters) - A trade mission to Nigeria. A memorandum of understanding with Vietnam. A surge of purchases from ...Reuters
Fri, Oct 3
Euronext wheat ticks down as supply pressure lingers
PARIS, Oct 3 (Reuters) - Euronext wheat inched down on Friday as a rebound from contract lows petered out in the face of rising global supply.A firmer euro EUR= also tempered export hopes stirred by renewed importer demand this week.December milling wheat BL2Z5 on Paris-based Euronext settled 0.1% ...Reuters
Fri, Oct 3
EXCLUSIVE-Chevron puts $2 billion Colorado pipeline assets for sale, sources say
Infrastructure mostly inherited from Noble Midstream buy Assets generate $200 mln of EBITDASale comes as Chevron aims to boost financial performance, prioritize cash By David French NEW YORK, Oct 3 (Reuters) - Chevron CVX.N is selling a collection of pipeline assets in the Denver-Julesburg shale ...Reuters
Fri, Oct 3
Mali army holds back 70 Allied Gold trucks as militants block fuel imports
By Portia Crowe DAKAR, Oct 3 (Reuters) - Mali's military has prevented about 70 fuel trucks from travelling to Allied Gold's AAUC.TO Sadiola mine after al Qaeda-linked militants imposed a blockade on fuel imports to the landlocked country, two people familiar with the matter said.Fuel sup...Reuters
Fri, Oct 3
