News
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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
Europe Gasoline/Naphtha-Gasoline crack falls on higher inventories
LONDON, Oct 3 (Reuters) - Northwest European gasoline profit margins fell by $1.24 to $16.20 a barrel on Friday as regional inventories rose.A total of 5,200 metric tons of Eurobob E5 barges traded, with Equinor and Glencore selling to Gunvor and TotalEnergies.No E10 barges traded.Chevron's 285,...Reuters
Fri, Oct 3
METALS-Copper strikes 16-month high, set for best week in a year
By Tom Daly Oct 3 (Reuters) - Copper hit a 16-month high on Friday and was poised to record its strongest week in more than a year as supply constraints and a softer dollar boosted prices.Three-month copper on the London Metal Exchange CMCU3 was up 2.2% at $10,719 per metric ton as of 1600 GMT ...Reuters
Fri, Oct 3
CORRECTED-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
SOFTS-Cocoa slumps to year low as harvest gets underway in West Africa
LONDON, Oct 3 (Reuters) - Cocoa futures on ICE slumped to one-year lows on Friday as the main crop harvest gets underway in West Africa, with farmers in both Ivory Coast and Ghana encouraged to sell by higher farmgate prices.Meanwhile, coffee futures hit two-week highs. COCOA* London cocoa...Reuters
Fri, Oct 3
EDPR Closes Sale Of 49% Stake In 1.6 GW Portfolio In US
Oct 3 (Reuters) - EDP Renovaveis SA EDPR.LS:COMPLETION OF ASSET ROTATION DEAL FOR A 1.6 GW PORTFOLIO IN USTOTAL ESTIMATED ENTERPRISE VALUE FOR 100% OF PORTFOLIO AMOUNTS TO ABOUT $2.9 BILLIONCLOSED AGREEMENT TO SELL A STRAIGHT 49% COMMON EQUITY STAKE IN A 1,632 MW PORTFOLIO IN US TO A FUND MANAGED BY...Reuters
Fri, Oct 3
SA's Competition Tribunal Conditionally Approved African Bank Ltd-Eskom Home Loan Book Deal
Oct 3 (Reuters) - SA's Competition Tribunal:SA'S COMPETITION TRIBUNAL: CONDITIONALLY APPROVED PROPOSED MERGER IN WHICH AFRICAN BANK LTD WILL ACQUIRE ESKOM HOME LOAN BOOKSA'S COMPETITION TRIBUNAL: UNCONDITIONALLY APPROVED TOYOTA FUDOSAN CO. LTD, TOYOTA MOTOR CORPORATION AND TOYOTA INDUSTR...Reuters
Fri, Oct 3
US natural gas slips but heads for best week since late April
By Anushree Mukherjee and Pablo Sinha Oct 3 (Reuters) - U.S. natural gas futures fell on Friday, but were still on track for 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 Me...Reuters
Fri, Oct 3
What the US government shutdown means for your money
Shutdown impacts travel, fraud reporting, small business loansAI tools like ChatGPT used by 13% of retail investors for stock pickingArabica coffee prices doubled due to tariffs, affecting U.S. coffee costsBy Lauren Young NEW YORK, Oct 3 (Reuters) - This was originally published in the On The Mon...Reuters
Fri, Oct 3
US Supreme Court to hear Exxon bid for compensation from Cuban entities
Exxon oil and gas assets in Cuba were seized in 1960Case involves 1996 U.S. law called the Helms-Burton ActCourt will hear similar case involving cruise linesBy Jan WolfeWASHINGTON, Oct 3 (Reuters) - The U.S. Supreme Court agreed on Friday to hear ExxonMobil's XOM.N bid to obtain compensation fr...Reuters
Fri, Oct 3
Aéro Montréal Signed MoA With Boeing Confirming CAD $110 Million Investment
Oct 3 (Reuters) - Boeing Co BA.N:AÉRO MONTRÉAL: SIGNED MOA WITH BOEING CONFIRMING CAD $110 MILLION INVESTMENTAÉRO MONTRÉAL: BOEING INVESTMENT IN ESPACE AÉRO QUEBEC'S NEW AEROSPACE INNOVATION ZONE AND IN AÉRO MONTRÉAL'S MACH INITIATIVEReuters
Fri, Oct 3
White House freezes $2.1 billion in Chicago transit projects
By David Shepardson WASHINGTON, Oct 3 (Reuters) - The U.S. government has put $2.1 billion in Chicago infrastructure projects on hold, Office of Management and Budget Director Russ Vought said on Friday, in another jab at a Democratic-led city during the government shutdown.Vought said $2.1 billi...Reuters
Fri, Oct 3
CF Industries, Trafigura, Envalior Announce Shipment of Certified Low-Carbon Ammonia
Oct 3 (Reuters) - TRAFIGURA: CF INDUSTRIES, TRAFIGURA, AND ENVALIOR ANNOUNCE SHIPMENT OF CERTIFIED LOW-CARBON AMMONIACF INDUSTRIES ANNOUNCED A SHIPMENT OF CERTIFIED LOW-CARBON AMMONIA FROM ITS DONALDSONVILLE, LOUISIANA FACILITYTRAFIGURA PURCHASED THE AMMONIA FOR SHIPMENT TO ENVALIOR, WHICH INTENDS T...Reuters
Fri, Oct 3
CBOT Trends-Wheat up 1-3 cents, corn steady-down 1, soybeans steady-down 1
CHICAGO, Oct 3 (Reuters) - The 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 Friday. WHEAT - Up 1 to 3 cents per bushelCBOT wheat Wv1 firmed as the U.S. dollar headed for its worst week si...Reuters
Fri, Oct 3
SOFTS-Cocoa hits one-year low as harvest gets underway in West Africa
LONDON, Oct 3 (Reuters) - Cocoa futures on ICE fell to near one-year lows on Friday as the main crop harvest gets underway, with farmers in both Ivory Coast and Ghana incentivised to sell by higher farmgate prices. Coffee futures hit two week highs meanwhile. COCOA* London c...Reuters
Fri, Oct 3
