News
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TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 2 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)-sup $65.09/$64.69/$64.26res $65.86/$66.43/$67.26Palm oil (3rd month)4,429/4,457 ringgitsup 4,401/4,366 ringgitWTI* (1st month)$62.32/$62.53sup $61.37/$60.78Spot gold$3...Reuters
Thu, Oct 2
Critical Metals to buy most of Greenland rare earth mine, says major shareholder European Lithium
Oct 2 (Reuters) - Critical Metals Corp CRML.O gained the right to increase its stake in the Tanbreez Rare Earths Project in southern Greenland to 92.5%, major shareholder European Lithium EUR.AX said on Thursday.Reuters
Wed, Oct 1
Taiwan will not agree to 50-50 chip production deal with US, negotiator says
TAIPEI, Oct 1 (Reuters) - Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the country, the island's top tariff negotiator said on Wednesday after returning home.U.S. Secretary of Commerce Howard Lutnick told U.S. television network...Reuters
Wed, Oct 1
Trump's AI videos of top Democrat were a joke, not racist, Vance says
WASHINGTON, Oct 1 (Reuters) - U.S. Vice President JD Vance on Wednesday described AI-manipulated videos that President Donald Trump posted on social media of House Democratic Leader Hakeem Jeffries as a joke, dismissing complaints from Democrats that the videos were racist.Trump is butting heads wit...Reuters
Wed, Oct 1
Enbridge Says Co Have Been Asked By Alberta Government To Join Technical Advisory Team & To Provide Expertise On Pipeline Development
Oct 1 (Reuters) - ENBRIDGE:HAVE BEEN ASKED BY ALBERTA GOVERNMENT. TO JOIN TECHNICAL ADVISORY TEAM & TO PROVIDE EXPERTISE ON PIPELINE DEVELOPMENT ENBRIDGE: GOVERNMENT OF ALBERTA TO BE PROPONENT TO DEVELOP, SUBMIT APPLICATION TO MAJOR PROJECTS OFFICE FOR AN OIL PIPELINE TO THE B.C. COASTSourceReuters
Wed, Oct 1
Alberta to submit proposal for new Canadian west coast oil pipeline
Enbridge, South Bow, Trans Mountain to advise on Alberta's proposalCanada seeks to diversify oil exports away from US Past pipeline projects have had years of delay Indigenous group voices opposition to projectBy Amanda Stephenson Oct 1 (Reuters) - Alberta will submit by spring of 2026 an app...Reuters
Wed, Oct 1
US requires urgent action to address Pennsylvania railcar fire risks
Federal Railroad Administration requires inspections, installation of fire protection circuitsSEPTA says railcars account for two-thirds of fleetNTSB called for railcars to be pulled from service pending determination of root cause of firesBy David ShepardsonWASHINGTON, Oct 1 (Reuters) - The Federal...Reuters
Wed, Oct 1
G7 nations say they will target those continuing to increase Russian oil purchases
By Kanishka Singh WASHINGTON, Oct 1 (Reuters) - The Group of Seven nations' finance ministers said on Wednesday they will take joint steps to increase pressure on Russia by targeting those who are continuing to increase their purchases of Russian oil and those that are facilitating circumvent...Reuters
Wed, Oct 1
CIF/FOB Gulf Grain-Corn, soy barge basis steady-weak on lower freight
CHICAGO, Oct 1 (Reuters) - Basis bids for corn shipped by barge to U.S. Gulf Coast terminals were flat to lower on Wednesday, pressured by a slowdown in exporter demand and softer freight rates, traders said.CIF soybean barge basis bids were steady to slightly lower on dull export demand and weak fr...Reuters
Wed, Oct 1
CANADA-CRUDE-Discount on Western Canada Select narrows
Oct 1 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed on Wednesday.WCS for November delivery in Hardisty, Alberta, settled at $11.10 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, narrower than Tuesda...Reuters
Wed, Oct 1
US Cash Crude-Grades ease on narrower WTI/Brent spread
Oct 1 (Reuters) - U.S. crude grades broadly eased on Wednesday, dealers said, as the spread between U.S. crude and Brent narrowed. WTI Midland weakened 5 cents, while WTI at East Houston, also known as MEH, weakened 10 cents. Mars Sour eased 20 cents.The WTI/Brent spread narrowed 10 cents to last tr...Reuters
Wed, Oct 1
Williams Companies to invest $3.1 billion in two power projects
Oct 1 (Reuters) - U.S. pipeline operator Williams Companies WMB.N said on Wednesday it plans to invest about $3.1 billion in two projects to supply power to data centers.The move takes the total capital committed to such 'power innovation' projects to about $5 billion, the company said in a ...Reuters
Wed, Oct 1
G7 nations say they will target those continuing to increase Russian oil purchases
WASHINGTON, Oct 1 (Reuters) - The Group of Seven nations' finance ministers said on Wednesday they will take joint steps to increase pressure on Russia by targeting those who are continuing to increase their purchases of Russian oil and those that are facilitating circumvention.The G7 finance mi...Reuters
Wed, Oct 1
ANALYSIS-Australia's renewables push powers 'gold rush' of bets on big batteries
By Sudarshan VaradhanSINGAPORE, Oct 2 (Reuters) - Investors in Australia's battery energy storage sector are embracing the chaos of the spot markets, emboldened by the nation's moves to scale up its renewable energy infrastructure.As a result, investors in the sector have started to fund pro...Reuters
Wed, Oct 1
LIVESTOCK-CME cattle choppy amid weak cash market, tight supply
By Heather Schlitz CHICAGO, Oct 1 (Reuters) - Chicago Mercentile Exchange cattle futures traded both sides of unchanged on Wednesday as mixed-to-weaker cash markets and a continued tight supply of cattle buffeted futures, analysts said. Industry experts said the U.S.-Mexico border is likely to be...Reuters
Wed, Oct 1
Tyson Foods to pay $85 million in largest pork price-fixing settlement
By Jonathan Stempel Oct 1 (Reuters) - Tyson Foods TSN.N agreed to pay $85 million to settle a lawsuit by consumers who accused the largest U.S. meat company of conspiring with rivals to inflate pork prices by limiting supply in the $20 billion U.S. market.The preliminary class action settlement d...Reuters
Wed, Oct 1
Williams Companies to invest $3.1 billion in power projects
Oct 1 (Reuters) - U.S pipeline operator Williams Companies WMB.N said on Wednesday it will invest about $3.1 billion in two additional power innovation projects.The transaction is expected to close in the first half of 2027.Reuters
Wed, Oct 1
Fired rail board member sues Trump over removal amid major merger decision
Robert Primus challenges firing, calls it "illegal removal"Trump supports $85 billion Union Pacific-Norfolk Southern mergerTrump's administration dismisses multiple independent agency membersBy David ShepardsonWASHINGTON, Oct 1 (Reuters) - A member of the Surface Transportation Board fir...Reuters
Wed, Oct 1
Ukraine's Zelenskiy: Russia is creating the threat of nuclear incidents
Oct 1 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday that Russia was trying to create the risk of nuclear incidents and had deliberately staged an attack that cut off power to the decommissioned Chernobyl nuclear power station.Zelenskiy, writing on the Telegram messaging app, ...Reuters
Wed, Oct 1
SOFTS-London cocoa hits 2-1/2 month low, sugar slides
NEW YORK, Oct 1 (Reuters) - London cocoa futures fell to a 2-1/2 month low on Wednesday as the 2025/26 main crop season got underway in top grower Ivory Coast, while raw sugar prices fell sharply following a large delivery against the October contract that expired this week. COCOA* Londo...Reuters
Wed, Oct 1
