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First two Venezuelan oil cargoes by Chevron after license depart to US
Aug 15 (Reuters) - The first two cargoes of Venezuelan oil exported by energy major Chevron CVX.N after it received a fresh U.S. authorization to operate in the country last month have set sail for the United States, vessel monitoring data showed on Friday.The U.S. Treasury Department granted Chevro...
Reuters
Fri, Aug 15
CORRECTED-T1, Corning reach deal to make fully American-made solar panels
Aug 15 (Reuters) - U.S. solar company T1 Energy TE.N and specialty glass maker Corning GLW.N have reached a deal that will establish a fully domestic solar supply chain, connecting polysilicon, wafers, cells, and panels manufactured in the United States, they said on Friday.The deal will help T1 sat...
Reuters
Fri, Aug 15
ANALYSIS-Tough US stance casts gloom over plastics pollution deal after Geneva flop
Trump administration seen digging in on positions, delegates sayNegotiations described as 'chaotic', with some blaming UNChina acknowledges need to address full-life cycle of plasticsBy Olivia Le Poidevin and Emma Farge GENEVA, Aug 15 (Reuters) - The collapse on Friday of a sixth round of...
Reuters
Fri, Aug 15
First two Venezuelan oil cargoes by Chevron after license depart to US, data say
Aug 15 (Reuters) - The first two cargoes of Venezuelan oil exported by energy major Chevron CVX.N after it received last month a fresh U.S. license to operate in the country have set sail for the United States, vessel monitoring data showed on Friday.
Reuters
Fri, Aug 15
US Cash Grains-Soybean bids fall at Midwest processors
CHICAGO, Aug 15 (Reuters) - Basis bids for U.S. soybeans were flat to lower at Midwestern processing facilities on Friday amid a lack of strong demand, traders said.Processors dropped their bids by 2 cents to 10 cents per bushel. At river terminals, bids declined by as much as 5 cents.Corn bids were...
Reuters
Fri, Aug 15
Seaway crude oil pipeline system resumes full operations after leak
NEW YORK, Aug 15 (Reuters) - Enterprise Products Partners EPD.N said on Friday the Seaway crude oil pipeline system resumed full operations after a crude oil leak from the company's oil terminal in southeast Houston earlier this week.A portion of the Seaway pipeline went down on Tuesday night, i...
Reuters
Fri, Aug 15
Erin forecast to stay 'far enough' from US coast to avoid major impact
By Ashish TiwariAug 15 - (The Insurer) - Tropical Storm Erin, expected to become the first hurricane of the 2025 Atlantic season on Friday, is forecast to remain far enough offshore to spare the U.S. East Coast from significant impacts, ILS investment manager Twelve Securis said.Erin formed on Augus...
Reuters
Fri, Aug 15
Brazil's BRF expects China, Europe to resume chicken imports
SAO PAULO, Aug 15 (Reuters) - Brazilian food processor BRF SA BRFS3.SA is hopeful China and Europe will resume buying chicken products "in a matter of days or weeks" as local authorities controlled a bird flu outbreak that triggered trade bans in the second quarter. In a conference call abou...
Reuters
Fri, Aug 15
Trump says he will set tariffs on steel and semiconductor chips in coming weeks
By Steve HollandABOARD AIR FORCE ONE, Aug 15 (Reuters) - U.S. President Donald Trump said on Friday he would announce tariffs on imports of steel and semiconductor chips in coming weeks. "I'll be setting tariffs next week and the week after on steel and on, I would say, chips," Trump ...
Reuters
Fri, Aug 15
US natgas prices climb 2% to 1-week high on near-record LNG exports, hotter weather forecasts
Near-record output, ample supplies weigh on pricesGas stockpiles at 6% above normal levels, and risingTropical Storm Erin may cool US East Coast, affecting gas demand and pricesBy Scott DiSavino Aug 15 (Reuters) - U.S. natural gas futures climbed about 2% to a one-week high on Friday on near-reco...
Reuters
Fri, Aug 15
CBOT Trends-Wheat up 2-4 cents, corn up 3-5 cents, soy up 7-9 cents
CHICAGO, Aug 15 (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 2 to 4 cents per bushelWheat futures Wv1 advanced overnight along with CBOT corn and soybeans.Trader...
Reuters
Fri, Aug 15
Polish president shows off military hardware, sees Russia 'floundering' in Ukraine
WARSAW, Aug 15 (Reuters) - Russian forces have floundered in Ukraine and history shows Russia's army can be beaten in combat, Poland's president told a military parade on Friday marking the 105th anniversary of a victory over the Red Army by Polish defenders.Polish President Karol Nawrocki, ...
Reuters
Fri, Aug 15
Trump says will set tariffs on steel and semiconductor chips next week
ABOARD AIR FORCE ONE, Aug 15 (Reuters) - U.S. President Donald Trump on Friday said he would set tariffs on imports of steel next week and on semiconductor chips the following week."I'll be setting tariffs next week and the week after on steel and on, I would say, chips," Trump told repo...
Reuters
Fri, Aug 15
Chile revises Copper production forecast downward – Commerzbank
Chile's state-owned Copper producer estimates production losses at its El Teniente mine due to the tunnel collapse and the resulting production stoppage lasting several days at 20-30 thousand tons, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Aug 15
The IEA forecasts suggest a massive oversupply next year – Commerzbank
The International Energy Agency has left its forecast for Oil demand virtually unchanged and continues to expect increases of just under 700,000 barrels per day for this year and next.
Fxstreet
Fri, Aug 15
US EIA expects an oversupply, lower oil prices, and falling US oil production – Commerzbank
The US Energy Information Administration (EIA), in contrast, has significantly revised its estimate of the supply surplus on the oil market upwards and now expects inventories to build by more than 2 million barrels per day in the fourth quarter of 2025 and the first quarter of 2026.
Fxstreet
Fri, Aug 15
Gold holds near two-week low ahead of US Retail Sales data
Gold (XAU/USD) rebounds modestly on Friday, supported by a softer US Dollar (USD), though the recovery remains shallow with prices pinned near a two-week low.
Gold
Fxstreet
Fri, Aug 15
OPEC predicts tight Oil market – Commerzbank
In its monthly report, OPEC has slightly raised its forecast for Oil demand next year, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Aug 15
Citi revises 0-3 month copper to $9,200/t from $8,800/t
Aug 15 (Reuters) - Citi forecast on Friday a slower drop in copper prices than anticipated over the next three months, citing a slower-than-expected unwinding of excess U.S. copper inventories linked to Section 232 tariffs. Additionally, dollar weakness is expected to help cushion the downsi...
Reuters
Fri, Aug 15
Gold price falls after unexpectedly strong US producer price data – Commerzbank
The Gold price came under pressure yesterday following the publication of US producer prices. These rose significantly more than expected in July, which is likely to be attributable to the impact of tariffs.
Gold
Fxstreet
Fri, Aug 15
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