News
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CBOT Trends-Wheat and corn steady-down 2 cents, soybeans up 1-4
CHICAGO, Aug 22 (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 - Steady to down 2 cents per bushelWheat futures Wv1 ease on profit-taking ahead of the weekend and after...Reuters
Fri, Aug 22
Ukrainian attack suspends Russian oil flows to Hungary, Slovakia
Ukraine stepping up attacks on Russian energy infrastructureTrump is "angry" by the attacks on Druzhba - copy of a letterUnecha pumping station key part of Europe-bound Druzhba pipelineRussian regional governor says Unecha site catches fire as result of Ukrainian missile, drone attacksOil fl...Reuters
Fri, Aug 22
Gold steadies near $3,330 as Jackson Hole takes center stage
Gold (XAU/USD) is trading on the back foot for a second straight day on Friday, weighed down by a strong US Dollar (USD) and firm Treasury yields. At the time of writing, the precious metal is hovering near $3,330, down 0.21% on the day.
Fxstreet
Fri, Aug 22
Surging US LNG exports to fuel growth in shale gas production
U.S. LNG exports to rise 10% annually through 2030, analysts sayGas supply to come from major shale basins like Permian and MarcellusPipeline expansions needed to meet growing LNG demand, CEOs emphasizeBy Scott DiSavino Aug 22 (Reuters) - U.S. liquefied natural gas exports will soar by roughly 10...Reuters
Fri, Aug 22
GRAINS-Soybeans extend gains to two-month peak; corn and wheat ease
PARIS/BEIJING, Aug 22 (Reuters) - Chicago soybeans rose further on Friday to a two-month peak as brisk weekly exports, hopes that China will revert to buying U.S. crop and a rally in soyoil offset supply pressure from favourable U.S. field conditions.Corn edged down from a three-week high the previo...Reuters
Fri, Aug 22
Canada's Aldebaran plans $1.5 billion capex for Argentina copper project
By Lucila Sigal SAN JUAN, Aug 22 (Reuters) - Canada's Aldebaran Resources will require at least $1.5 billion to develop its Altar copper project in northern Argentina, country manager Javier Robeto said in an interview. The company plans to include the figure in its preliminary economic asses...Reuters
Fri, Aug 22
ATCO receives regulatory approval for Yellowhead Pipeline Project
Aug 22 (Reuters) - Energy infrastructure developer ATCO ACOx.TO said on Friday it has received approval from the Alberta Utilities Commission on its needs-assessment application for the Yellowhead Pipeline Project.The Yellowhead Pipeline Project, spanning over 230 kilometers (142.92 miles) from the ...Reuters
Fri, Aug 22
PRESS DIGEST-Canada - August 22
Aug 22 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Scott Moe, premier of the major grain-growing Canadian province of Saskatchewan, said on Thursday he will travel t...Reuters
Fri, Aug 22
Asia Naphtha/Gasoline-Naphtha October buying aplenty; gasoline cracks at more than 1-year high
SINGAPORE, Aug 22 (Reuters) - Asia's naphtha markets recorded a slew of buying activity for October spot cargoes, though traders were grappling with talks of slightly tighter supply expectations going into next month.Naphtha's refining margins NAF-SIN-CRK gained slightly from last week, clos...Reuters
Fri, Aug 22
PRECIOUS-Gold slips as dollar firms; spotlight on Powell's Jackson Hole remarks
Fed Chair Powell to deliver Jackson Hole address at 1400 GMTMarkets put chance of Fed rate cut next month at 71%Dollar gains as traders rethink rate cut betsBy Ishaan Arora Aug 22 (Reuters) - Gold slipped on Friday due to a firmer dollar, with markets awaiting U.S. Federal Reserve Chair Jerome Po...Reuters
Fri, Aug 22
FACTBOX-What issues are likely to be discussed at the US-South Korea summit?
By Joyce Lee and Hyunjoo Jin SEOUL, Aug 22 (Reuters) - U.S. President Donald Trump hosts South Korean President Lee Jae Myung in Washington for their first summit meeting on Monday, after the countries struck a trade deal last month lowering U.S. tariffs on the Asian ally to 15% from a threatened...Reuters
Fri, Aug 22
Gas: TTF rallies on Norway maintenance risks – ING
European Gas prices climbed nearly 4% as upcoming Norwegian maintenance raises supply concerns. With storage levels still lagging historical norms, Europe must stay competitive with Asia to secure LNG ahead of winter, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Fri, Aug 22
ANALYSIS-Air Canada union's defiance of Canadian government order could embolden workers
Air Canada's defiance a pivotal moment in labor relationsSection 107's use criticized by unions and labor expertsUpcoming negotiations may see increased union resistanceBy Promit Mukherjee and Allison Lampert OTTAWA, Aug 22 (Reuters) - Canada's government stepped in four times to aid ...Reuters
Fri, Aug 22
Serbia's NIS oil company seeks sixth reprieve from US sanctions, report says
BELGRADE, Aug 22 (Reuters) - Russian-owned Serbian oil company NIS NIIS.BEL has asked the United States for a sixth waiver from sanctions that could cut its crude supply, the pro-government Tanjug news agensy said on Friday. NIS, majority-owned by Russia's Gazprom Neft SIBN.MM and Gazprom GAZP.M...Reuters
Fri, Aug 22
Russian navy practices defending against 'underwater saboteurs' in Baltic Sea
MOSCOW, Aug 22 (Reuters) - Russian forces have conducted an exercise in the Baltic Sea including drills to repel an underwater attack, the defence ministry said on Friday.Units of divers "demonstrated skills in detecting and capturing a group of underwater saboteurs, as well as using FPV (first ...Reuters
Fri, Aug 22
EUROPE GAS-Prices maintain firmer levels as market eyes Norway supply
Aug 22 (Reuters) - Dutch and British wholesale gas prices on Friday morning steadied around firmer levels reached in the previous session, as attention turns to upcoming heavy maintenance in Norway and gas storage filling needs before the winter.The benchmark Dutch front-month contract at the TTF h...Reuters
Fri, Aug 22
China releases interim measures for regulating rare earths industry
BEIJING, Aug 22 (Reuters) - China released on Friday interim measures for the control and management of its rare earths mining, smelting and separation activities.This came after that the world's dominant supplier of the critical minerals that are key to electric vehicles, wind turbines and defe...Reuters
Fri, Aug 22
