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China's Xi announces new climate targets
BEIJING, Sept 25 (Reuters) - China aims to reduce economy-wide greenhouse gas emissions by 7% to 10% by 2035 compared with the peak, President Xi Jinping said as he announced China's updated climate targets to the United Nations General Assembly in New York on Wednesday local time.As part of Chi...Reuters
Wed, Sep 24
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
Surprise drop in US crude inventories boosts oil pricesUkraine strikes Russian oil stations, raising supply concernsIran says crude sales to China should continue irrespective of UN sanctions snap-backBy Scott DiSavino NEW YORK, Sept 24 (Reuters) - Oil prices climbed about 3% to a seven-week high...Reuters
Wed, Sep 24
CBOT wheat ends down as short-covering support fades, corn retreats
CHICAGO, Sept 24 (Reuters) - Chicago Board of Trade wheat futures ended lower on Wednesday as short covering and technical buying that had lifted prices early in the session faded, and as spillover pressure from lower corn futures weighed on the market.Wheat had rallied sharply from contract lows on...Reuters
Wed, Sep 24
US natgas futures steady, cash prices in Waha and AECO turn negative
Pipeline constraints cause negative cash prices at Waha, AECO hubsAECO prices hit record lows for two consecutive daysLower 48 states' gas output falls, storage levels remain highBy Scott DiSavino Sept 24 (Reuters) - U.S. natural gas futures were little changed on Wednesday as bearish forecas...Reuters
Wed, Sep 24
CBOT corn ends lower on harvest pressure, weaker soybeans
CHICAGO, Sept 24 (Reuters) - Chicago Board of Trade corn futures retreated on Wednesday on rising supplies from an accelerating U.S. harvest and spillover pressure from sinking soybeans.Losses were limited by concerns that U.S. corn yields would not be as large as the government and some private for...Reuters
Wed, Sep 24
CBOT soybeans ease on US export demand concerns
CHICAGO, Sept 24 (Reuters) - Chicago Board of Trade soybean futures retreated on Wednesday as China's active buying of Argentine soy fueled worries about lagging U.S. export demand.Chinese importers kept up a hectic pace of Argentine soybean purchases after the South American supplier's move...Reuters
Wed, Sep 24
PRECIOUS-Gold slips from record peak; markets eye US economic data
US core PCE data due on Friday US weekly jobs data due on ThursdayPowell strikes cautious tone on path of future rate cutsBy Noel John Sept 24 (Reuters) - Gold prices eased on Wednesday as the U.S. dollar firmed, retreating from a record high scaled in the previous session, while investors hunker...Reuters
Wed, Sep 24
Aris Mining reports safe recovery of all workers at Colombia mine
Sept 24 (Reuters) - Aris Mining ARIS.TO said on Wednesday all 23 workers who were trapped underground at the La Reliquia Mine in Colombia have been safely brought to the surface. The company reported on Tuesday a collapse had occurred at the mine's main shaft access.Of the 23 workers trapped, fi...Reuters
Wed, Sep 24
UN chief tells countries new climate targets must go 'futher, faster'
By Valerie Volcovici WASHINGTON, Sept 24 (Reuters) - United Nations Secretary-General Antonio Guterres on Wednesday called on all countries that are party to the Paris climate agreement to set new climate plans for the year 2035 that achieve faster and deeper emission reduction cuts than they'...Reuters
Wed, Sep 24
Aurubis starts production at US copper recycling plant
HAMBURG, Sept 24 (Reuters) - Aurubis AG NAFG.DE, Europe's largest copper producer, said on Wednesday it had started production at its newly built U.S. metal recycling plant at Richmond in Georgia. The plant will reduce the need for U.S. metal imports, with production expected to reach full capac...Reuters
Wed, Sep 24
Ben Carson joins USDA as nutrition adviser
WASHINGTON, Sept 24 (Reuters) - Ben Carson, a former U.S. housing secretary and retired neurosurgeon, was sworn in on Wednesday as a national adviser on nutrition, health and housing at the U.S. Department of Agriculture, the agency said.Carson, who served as Housing and Urban Development secret...Reuters
Wed, Sep 24
'Right now we are bleeding': Oilfield execs dour in Dallas Fed energy survey
Uncertainty in oil prices affects investment decisions, Dallas Fed survey revealsGeopolitical tensions and OPEC+ actions influence oil price fluctuationsExecutives foresee shale drilling viability outside US, Canada, ArgentinaBy Georgina McCartney HOUSTON, Sept 24 (Reuters) - Oil and gas activity...Reuters
Wed, Sep 24
GRAINS-Soybeans near six-week low as China shuns US supplies, buys Argentine crop
Soybeans resume fall after technical bounce on TuesdayChina buyers book Argentine cargoes, keeping US sidelinedCorn subdued, wheat recovers from lows as demand stirsBy Karl Plume CHICAGO, Sept 24 (Reuters) - U.S. soybean futures eased on Wednesday on export concerns as large sales of Argentine so...Reuters
Wed, Sep 24
Italian navy ship won't use military force in assisting Gaza flotilla, PM says
NEW YORK, Sept 24 (Reuters) - An Italian navy ship sent to assist an international aid flotilla attacked overnight on its way to Gaza is not expected to use military force, Prime Minister Giorgia Meloni said on Wednesday.Meloni, who spoke to journalists in New York where she is attending the U.N. Ge...Reuters
Wed, Sep 24
Marathon Wilmington, California Refinery Reports Planned Flaring
Sept 24 (Reuters) - MARATHON PETROLEUM: REPORTS PLANNED FLARING AT WILMINGTON, CALIFORNIA REFINERY DUE TO ESSENTIAL OPERATIONAL NEEDSOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILING CAPACITY: 365,000 BARRELS PER DAYReuters
Wed, Sep 24
EXCLUSIVE-G7 weighs price floors for rare earths to counter China's dominance, sources say
G7 technical teams met in Chicago in SeptemberForm of carbon tax on China being considered, sources sayChina introduced rare earth export controls in April European firms struggling to secure suppliesBy Julia Payne and Divya Rajagopal BRUSSELS/TORONTO, Sept 23 (Reuters) - Group of Seven (G7) memb...Reuters
Wed, Sep 24
Europe Gasoline/Naphtha-Gasoline cracks rebound
LONDON, Sept 24 (Reuters) - Northwest European gasoline profit margins rose more than 40 cents a barrel on Wednesday.A total of 6,000 metric tons of Eurobob E5 barges were traded, with Sahara and Gunvor selling to Aramco and Trafigura.E10 barges worth 8,000 tons traded, with P66 and Glencore selling...Reuters
Wed, Sep 24
METALS-Copper rallies to 15-month high on Freeport force majeure
By Tom Daly Sept 24 (Reuters) - Copper hit its highest in more than 15 months on Wednesday after Freeport-McMoran Inc FCX.N declared force majeure at its Grasberg mining complex in Indonesia and slashed production guidance for 2026.A deadly landslide at the Grasberg Block Cave underground mine ...Reuters
Wed, Sep 24
Freeport declares force majeure at Grasberg, expects lower copper, gold sales
Company declares force majeure at GrasbergPhased restart may occur in 1H26Expects lower Q3 copper, gold salesCopper prices rally to their highest since May 2024By Pooja Menon Sept 24 (Reuters) - Freeport-McMoRan FCX.N on Wednesday declared force majeure at its Grasberg mine in Indonesia and said...Reuters
Wed, Sep 24
