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Oil settles lower as investors brace for possible OPEC+ output hike
OPEC+ plans larger increase to output in November, sources sayIraq's Kurdistan crude oil flows via Turkey resume Netanyahu supports US-backed Gaza peace proposalUS crude stocks fall, fuel inventories rise, API data showBy Georgina McCartney HOUSTON, Sept 30 (Reuters) - Oil prices settled lowe...Reuters
Tue, Sep 30
Ukraine warns of critical situation at Zaporizhzhia nuclear plant
External power line to Russian-held plant down for seven daysUN nuclear watchdog, IAEA, says no immediate dangerIAEA says emergency diesel generators remain in operationUkraine, Russia accuse each other of endangering nuclear safetySept 30 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on ...Reuters
Tue, Sep 30
USDA migrates data archive to new website, dropping Cornell's Mann Library
By Julie Ingwersen CHICAGO, Sept 30 (Reuters) - Archived crop and livestock reports from the U.S. Department of Agriculture were set to transfer to a new government website on Wednesday with the agency's existing online archive, hosted by Cornell University's Mann Library, decommissioned,...Reuters
Tue, Sep 30
US Cash Crude-Grades slip as investors eye OPEC+ November output hike
Sept 30 (Reuters) - U.S. crude grades broadly fell on Tuesday, dealers said, as investors weighed news that OPEC+ may speed up production increases in November. The producer group could speed up output hikes from the 137,000 barrels per day hike it made for October at its meeting on Sunday as its le...Reuters
Tue, Sep 30
Targa to build 500-mile NGL pipeline in Permian
Sept 30 (Reuters) - Targa Resources TRGP.N will build a 500-mile pipeline to transport natural gas liquids from its plants in the Permian Basin to its fractionation and storage complex in Mont Belvieu, Texas, it said on Tuesday.The Speedway NGL Pipeline is expected to cost about $1.6 billion and wil...Reuters
Tue, Sep 30
US government to take 5% stake in Lithium Americas and joint venture with General Motors, source says
By Ernest ScheyderSept 30 (Reuters) - The U.S. Department of Energy will take a 5% stake in Lithium Americas LAC.TO and a separate 5% stake in the company's Thacker Pass lithium mine joint venture with General Motors GM.N, according to a source familiar with negotiations.Reuters reported last we...Reuters
Tue, Sep 30
IAEA working to restore power to Ukraine's Zaporizhzhia nuclear plant, Grossi says
Sept 30 (Reuters) - The International Atomic Energy Agency is engaging with both sides of the military conflict to restore offsite power to Ukraine's Zaporizhzhia nuclear power plant as soon as possible, the U.N. atomic watchdog's chief Rafael Grossi said on Tuesday in a statement.Ukrainian ...Reuters
Tue, Sep 30
Yemen's Houthis say they will target US oil firms with sanctions
Yemen's Houthis sanction 13 U.S. oil firms, including Exxon Mobil, Chevron, ConocoPhillipsSanctions list also includes company CEOsUnclear if sanctions mean targeting vessels, analyst saysBy Lisa Baertlein LOS ANGELES, Sept 30 (Reuters) - Yemen's Houthis will target U.S. oil majors includ...Reuters
Tue, Sep 30
Blue Whale Materials starts commissioning Oklahoma battery recycling facility
Sept 30 (Reuters) - Blue Whale Materials said on Tuesday it has started commissioning its Bartlesville, Oklahoma, lithium-ion battery recycling facility and expects to have it fully operational within a year.The facility is one of several under development in Oklahoma, the rural U.S. state aiming to...Reuters
Tue, Sep 30
FACTBOX-Macquarie cuts WTI crude forecast for 2025, 2026 on oversupply concerns, policy uncertainty
Sept 30 (Reuters) - Macquarie has lowered its West Texas Intermediate (WTI) crude oil price forecasts for 2025 and 2026, citing a heavily oversupplied market and heightened uncertainty stemming from recent policy decisions under U.S. President Donald Trump's administration.The bank in a note on ...Reuters
Tue, Sep 30
Nike Q1 revenue beats estimates as wholesale segment thrives
OverviewNike fiscal Q1 revenue rises 1% to $11.7 bln, beating analyst expectations, per LSEG dataNet income for Q1 declines 31% but beats analyst estimates, per LSEG dataGross margin decreases 320 basis points to 42.2% due to lower prices, higher tariffsOutlookCompany cites dynamic operating environ...Reuters
Tue, Sep 30
Nike Posts Q1 Revenue Of $11.72 Billion
Oct 1 (Reuters) - Nike Inc NKE.N:NIKE Q1 REVENUE $11.72 BILLION VERSUS IBES ESTIMATE $11.00 BILLIONNIKE Q1 EPS $0.49NIKE Q1 GROSS MARGIN DECREASED 320 BASIS POINTS TO 42.2%NIKE: QUARTER-END INVENTORIES WERE $8.1 BILLIONNIKE: Q1 REVENUE FOR NIKE BRAND WERE $11.36 BILLION; CURRENCY-NEUTRAL GROWTH IN N...Reuters
Tue, Sep 30
Giant sinkhole in Chilean mining town haunts residents, three years on
By Rodrigo Gutierrez and Carolina Fernandez TIERRA AMARILLA, Sept 30 (Reuters) - Residents in the mining town of Tierra Amarilla in the Chilean desert are hopeful that a new court ruling will allay their fears about a giant sinkhole that opened near their homes more than three years ago and remai...Reuters
Tue, Sep 30
US SEC tells staff to prep for shutdown contingencies at midnight
By Chris Prentice and Douglas Gillison NEW YORK, Sept 30 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday told employees to prepare for a potential lapse in funding, according to an email seen by Reuters, as the United States headed towards its potential 15th government shutdown...Reuters
Tue, Sep 30
US natgas futures hits over 2- month high on warmer weather outlook
By Anushree Mukherjee Sept 30 (Reuters) - U.S. natural gas futures climbed to a more than two-month high on Tuesday, supported by forecasts that warmer-than-normal weather will persist through mid-October, which is expected to keep demand elevated.Front-month gas futures for November delivery NGc...Reuters
Tue, Sep 30
Freeport-McMoRan still in talks with Indonesia over Grasberg mine rights, company says
Sept 30 (Reuters) - Freeport-McMoRan FCX.N said on Tuesday it remains in discussions with the government of Indonesia regarding rights to operate the Grasberg copper and gold mine past 2041.News reports earlier on Tuesday had indicated that Phoenix-based Freeport had agreed to divest a 12% stake in ...Reuters
Tue, Sep 30
Codelco names VP to lead integration at Andina mine with Anglo American
SANTIAGO, Sept 30 (Reuters) - The world's biggest copper miner, Chile's Codelco COBRE.UL, has named Gonzalo Lara Skiba as vice president of integrating operations at Andina, a role in which he will spearhead a shared mine plan between Codelco's Andina and Anglo American's AAL.L Los B...Reuters
Tue, Sep 30
US SEC tells staff to prepare for shutdown contingencies at midnight, email says
NEW YORK, Sept 30 (Reuters) - The U.S. Securities and Exchange Commission on Tuesday told employees to prepare for a potential lapse in funding, the agency's chief operating officer said in an email seen by Reuters."We continue to watch the progress on FY2026 appropriations for the SEC,"...Reuters
Tue, Sep 30
FACTBOX-How the US government shutdown affects economic data publishing
Sept 30 (Reuters) - The U.S. government on Tuesday appeared to be headed for a large-scale shutdown of federal operations starting on Wednesday - including a suspension of economic data publication - as Republicans and Democrats appeared unlikely to reach an agreement that would extend funding past ...Reuters
Tue, Sep 30
