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Freeport LNG in Texas recovers from second brief reduction this week, LSEG data shows
Aug 20 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Wednesday, LSEG data showed, a sign that a second short-term outage this week at one of its liquefaction trains has likely ended.Freeport is one of the world'...Reuters
Wed, Aug 20
GRAINS-Soybeans and corn ease with crop tour in focus
PARIS/BEIJING, Aug 20 (Reuters) - Chicago soybean and corn futures fell further on Wednesday as traders monitored results from a U.S. Midwest field tour that has initially confirmed strong yield prospects.Wheat edged up, halting a two-session decline as traders took a more cautious view on diplomat...Reuters
Wed, Aug 20
Danish trader InCommodities appoints Gunvor's Brockmeyer to head up U.S. expansion
By Nora BuliOSLO, Aug 20 (Reuters) - Danish energy trader InCommodites, backed by Goldman Sachs GS.N, has appointed former Gunvor executive Rich Brockmeyer as its new CEO for North America as it plans to accelerate its push into the U.S. power and gas market, the group said on Wednesday.Brockmeyer m...Reuters
Wed, Aug 20
Freeport LNG in Texas recovers from second brief reduction this week, LSEG data shows
Aug 20 (Reuters) - U.S. liquefied natural gas company Freeport LNG's export plant in Texas was on track to take in more natural gas on Wednesday, LSEG data showed, a sign that a second short-term outage this week at one of its liquefaction trains has ended.Reuters
Wed, Aug 20
China launches WTO dispute with Canada on steel and aluminium surtaxes
BERLIN, Aug 20 (Reuters) - China has requested dispute consultations at the World Trade Organization regarding Canadian surtaxes and quotas on steel and aluminium goods, the WTO said on Wednesday.The disputed measures include a surtax in the form of tariff rate quotas on certain steel imports origin...Reuters
Wed, Aug 20
Iran says moment for 'effective' nuclear talks with US has not been reached yet
DUBAI, Aug 20 (Reuters) - Iran and the United States have not reached the point where "effective" nuclear talks can take place, Iran's top diplomat said in remarks carried by state media on Wednesday."Negotiations with the U.S. must be held at their own time. Every negotiation has a ...Reuters
Wed, Aug 20
PRESS DIGEST-Canada - August 20
Aug 20 (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- Trez Capital Mortgage Investment is halting redemptions from five of its funds, marking the latest example of an al...Reuters
Wed, Aug 20
Middle East Crude-Benchmarks hit near two-week high
SINGAPORE, Aug 20 (Reuters) - Middle East crude benchmark spot premiums of Oman, Dubai and Murban extended gains on Wednesday to their highest in nearly two weeks.Traders attributed the strength to closing arbitrage of U.S. crude to Asia and firm buying of some of the grades. India's resumed buy...
Reuters
Wed, Aug 20
Gold Price Forecast: XAU/USD approaches key resistance around $3,330
Gold (XAU/USD) is trimming some losses on Wednesday, drawing support from the sour market sentiment. The precious metal has bounced from two-week lows right above $3,300, but remains capped below previous support at the $3,330 area, which leaves the broader bearish trend intact.Fxstreet
Wed, Aug 20
RPT-COLUMN-Oil price smile could leave traders in tears: Bousso
IEA, EIA forecast large supply overhang in coming quartersYet future Brent oil price do not reflect the need to store oilGeopolitical tensions blur the outlook for supply and demandBy Ron Bousso LONDON, Aug 20 (Reuters) - A glaring mismatch between benchmark oil prices and expectations of a loomi...Reuters
Wed, Aug 20
EUROPE GAS-Prices hover around 15-month lows amid comfortable supply
Aug 20 (Reuters) - Dutch and British wholesale gas prices largely traded sideways on Wednesday morning, remaining at around 15-month lows, with supplies stable and no major changes to the demand outlook.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was up 0.23 euro to 31.30 eur...Reuters
Wed, Aug 20
TABLE-North Sea gas maintenance schedule: Adds Bacton outage
Aug 20 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Wed, Aug 20
South Korean petrochemical companies to cut capacity, restructure, government says
South Korea's petrochemical sector to cut capacity to boost efficiencyGovernment to ease regulations, offer financial support for restructuringGlobal petrochemical margins unlikely to recover before 2027, analysts sayBy Heejin Kim SEOUL, Aug 20 (Reuters) - Ten South Korean petrochemical compa...Reuters
Wed, Aug 20
SCG chemicals' Vietnam unit resumes full operations
HANOI, Aug 20 (Reuters) - Vietnam's Long Son Petrochemicals, a unit of Thailand's SCG Chemicals, has resumed full operations following a suspension from November last year, it said on Wednesday.The resumption of operations at the $5.4-billion complex in southern Vietnam came after an improve...Reuters
Wed, Aug 20
METALS-Aluminium hits over two-week low as US widens 50% tariff
By Amy Lv and Lewis Jackson BEIJING, Aug 20 (Reuters) - Aluminium wobbled on Wednesday after touching their lowest level in more than two weeks after the United States widened the 50% import tariff to the metal-made products, although hopes of seasonally improving demand in top consumer China cur...Reuters
Wed, Aug 20
