News
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Fight over port charges in Trinidad jeopardizes ammonia, methanol exports
Nutrien shuts plant due to port access restrictionsTrinidad seeks 200% increase in port charges, retroactive to 2020Gas shortages lead to shutdowns in Trinidad's petrochemical sectorBy Curtis WilliamsPORT OF SPAIN, Oct 21 (Reuters) - A standoff involving port charges paid by producers of methano...Reuters
Tue, Oct 21
EQT beats quarterly profit estimates on strong natural gas prices, sales volumes
Oct 21 (Reuters) - U.S.-based energy company EQT Corp EQT.N beat Wall Street estimates for third-quarter profit on Tuesday, benefiting from higher natural gas prices and sales volumes.Shares of the company rose 1.9% in extended trading following the results.The demand for and output of U.S. natural ...Reuters
Tue, Oct 21
US Plains HRW Wheat-Basis bids steady to higher, protein premiums firm
CHICAGO, Oct 21 (Reuters) - Basis bids for hard red winter (HRW) wheat were flat to higher at elevators in the southern U.S. Plains on Tuesday on a day of light selling, according to dealers. Protein premiums for wheat shipped to and through Kansas City rose 5 cents for wheat with 11.6% to 12.2% pro...Reuters
Tue, Oct 21
US offers nuclear energy companies access to plutonium, FT reports
WASHINGTON, Oct 21 (Reuters) - The United States has offered energy companies access to nuclear waste that they can convert into fuel for advanced reactors, the Financial Times reported on Tuesday.The newspaper, citing a U.S. Department of Energy document, reported that the U.S. had published an app...Reuters
Tue, Oct 21
US Cash Crude-Grades steady as WTI/Brent spread narrows, domestic stocks fall
Oct 21 (Reuters) - Grades were broadly steady on Tuesday, dealers said, as U.S. crude futures' discount to the international benchmark Brent narrowed to weigh on export demand, offsetting a drop in domestic oil stocks. West Texas Intermediate crude futures' discount to Brent WTCLc1-LCOc1 nar...Reuters
Tue, Oct 21
Trump says he discussed trade with India's Modi
By Nandita BoseWASHINGTON, Oct 21 (Reuters) - U.S. President Donald Trump said he spoke with Indian Prime Minister Narendra Modi on Tuesday, with their conversation focused largely on trade."We talked about a lot of things, but mostly the world of trade," Trump told reporters in the Oval Off...Reuters
Tue, Oct 21
Trump administration plans to distribute farmer aid amid shutdown
WASHINGTON, Oct 21 (Reuters) - The administration of President Donald Trump is planning to distribute billions in aid for farmers and reopen some activities of the U.S. Department of Agriculture amid the ongoing federal shutdown, the agency said on Tuesday. The aid will amount to more than $3 billio...Reuters
Tue, Oct 21
Csx Corp CEO Stephen F. Angel Reports Open Market Purchase Of 55,000 Co's Common Shares On Oct 20 At Average Price $36.87/Share - SEC Filing
Oct 21 (Reuters) - CSX Corp CSX.O:CSX CORP CEO STEPHEN F. ANGEL REPORTS OPEN MARKET PURCHASE OF 55,000 CO'S COMMON SHARES ON OCT 20 AT AVERAGE PRICE $36.87/SHARE - SEC FILINGSource text: [ID:n0001193125-25-245241]Reuters
Tue, Oct 21
Bidders, creditors battle in US court over who should win Citgo auction
Court officer defends recommendation of Amber's bidAmber needs sale order by early December to preserve pact with bondholdersVenezuela, Gold Reserve say risk linked to bondholders' claim is not worth $2 billionDelaware judge expected to select a winner after court hearingBy Marianna Parraga ...Reuters
Tue, Oct 21
No new US soy sales to China, nothing being loaded, say US soy groups
By Marcelo TeixeiraDES MOINES, Oct 21 (Reuters) - There are no new sales of United States' soybeans to China and nothing is expected to be loaded in coming weeks, according to information from U.S. soy industry groups American Soybean Association (ASA) and the U.S. Soybean Export Council.Harvest...Reuters
Tue, Oct 21
EQT Corp beats third-quarter profit estimates
Oct 21 (Reuters) - U.S.-based energy company EQT Corp EQT.N beat Wall Street estimates for third-quarter profit on Tuesday, benefiting from higher natural gas prices and sales volumes.The company reported adjusted profit of 52 cents per share for the quarter ended September 30, above analysts' a...Reuters
Tue, Oct 21
Stellantis factory halted after aluminum plant fire, Bloomberg News reports
Oct 21 (Reuters) - A Stellantis STLAM.MI plant in Michigan will remain shut down for several weeks due to a shortage of key components, Bloomberg News reported on Tuesday.Production at the company's Warren plant, which was halted on October 13, will stay idle until the week of November 3, Bloomb...Reuters
Tue, Oct 21
GRAINS-US soybean futures retreat after 1-month high; corn, wheat sag
By Julie Ingwersen CHICAGO, Oct 21 (Reuters) - Chicago Board of Trade soybean futures closed lower on Tuesday on profit-taking after the benchmark contract Sv1 touched a one-month high, while market players continued to monitor U.S.-China trade relations, analysts said.Corn futures eased after a ...Reuters
Tue, Oct 21
CIF/FOB Gulf Grain-Soy barge bids jump, corn bids stay largely flat
CHICAGO, Oct 21 (Reuters) - Spot basis bids increased for soybeans delivered by barge to U.S. Gulf Coast terminals on Tuesday and remained largely steady for corn, traders said.Traders were watching to see whether Washington can strike a deal with Beijing to resolve the trade conflict that has halte...Reuters
Tue, Oct 21
Colder outlook, robust LNG flows lift US natgas to two-week high
November contract hit its highest since October 8Weather shift driving prices, analysts sayColder weather forecast boosts heating demandLower 48 states see decline in gas outputBy Sherin Elizabeth Varghese Oct 21 (Reuters) - U.S. natural gas futures hit a two-week high on Tuesday, underpinned by ...Reuters
Tue, Oct 21
Barbie-maker Mattel misses quarterly estimates on North America weakness
Oct 21 (Reuters) - Mattel MAT.O missed third-quarter sales and profit estimates on Tuesday, hurt by sluggish retail demand for its toys in North America amid rising economic uncertainty.Consumers struggling with the rising cost-of-living crisis have been pulling back on high-priced and non-essential...Reuters
Tue, Oct 21
ICE canola futures fall with soyoil weakness
WINNIPEG, Manitoba, Oct 21 (Reuters) - ICE canola futures slipped on Tuesday with weakness in soyoil, despite benefiting from a stronger loonie.• January canola RSF6 settled down $0.10 at $630.10 per metric ton. November, which has declining volume in the liquidation phase, rose $0.20 to $615.60.• T...Reuters
Tue, Oct 21
