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TotalEnergies Texas refinery begins small crude unit overhaul, sources say
HOUSTON, Aug 19 (Reuters) - TotalEnergies TTEF.PA began a planned 60-day overhaul on the small crude distillation unit (CDU) along with a reformer and hydrotreaters at its 238,000 barrel-per-day (bpd) Port Arthur, Texas refinery, people familiar with plant operations said on Tuesday.The 35,000-bpd c...Reuters
Wed, Aug 20
RPT-Chinese refiners sweep up Russian oil after Indian demand falls, analysts say
China buys 15 Russian oil cargoes for October-November deliveryIndian demand for Russian oil declines as discounts narrow in JulyTrump threatens retaliatory tariffs against Russian oil buyers By Siyi Liu SINGAPORE, Aug 19 (Reuters) - Chinese refineries have purchased 15 cargoes of Russian oil for...Reuters
Wed, Aug 20
RPT-India's Russian oil imports dip in July, skips LatAm supply, data shows
India's July oil imports lowest since Sept 2023Share of OPEC's oil rises in JulySkips LatAm oil imports for the 1st time at least since 2011 By Nidhi Verma NEW DELHI, Aug 19 (Reuters) - India's Russian oil imports declined in July after jumping the previous month as some refiners slow...Reuters
Wed, Aug 20
Trump blasts appeals court for halting Resolution Copper land transfer
Trump says 'radical left court' trying to block Resolution Copper projectPost came after Trump met at White House with CEOs of Rio, BHPCourt calls for briefings to be filed by October 14San Carlos Apache tribe says Trump should avoid 'disastrous decision'By Ernest Scheyder Aug 19 ...Reuters
Wed, Aug 20
GRAINS-Soybean futures weaken on yield prospects, weak China demand
BEIJING, Aug 20 (Reuters) - Chicago soybean futures fell on Wednesday, weighed down by strong pod counts in some fields that point to solid yield potential, along with lingering concerns over weak demand from China.Wheat dipped on ample global supply, while corn held steady. FUNDAMENTALS* The most a...Reuters
Wed, Aug 20
WTI drifts lower to near $62.00 on talks to end Russian invasion of Ukraine
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.05 during the early Asian trading hours on Wednesday. The WTI edges lower on the prospect of peace in Ukraine after the end of talks between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy.
Fxstreet
Wed, Aug 20
Goldman Sachs Lowers Nov/Dec25 US Gas Price Forecast To $4/Mmbtu, From $4.50 Previously
Aug 19 (Reuters) - GOLDMAN SACHS:LOWERS NOV/DEC25 US GAS PRICE FORECAST TO $4/MMBTU, FROM $4.50 PREVIOUSLYMAINTAINS $4.60/MMBTU 2026 US GAS PRICE FORECAST, WELL ABOVE FORWARDS AT $3.81, AND CONTINUES TO RECOMMEND LONG APR26 US GAS POSITIONLOWERS SEP/OCT25 PRICE FORECAST BY $0.55 TO $3.35/MMBTUReuters
Tue, Aug 19
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Aug 20 (Reuters) - Contract Target Support/Resistance Brent oil $64.98/$64.40/$63.61res $66.52/$67.20/$68.05Palm oil (3rd month)4,455/4,421/4,400 ringgitres 4,509/4,542 ringgitWTI* $62.12/$61.38/$60.59res $63.46/$64.10/$64.74Spot gold$3,301re...Reuters
Tue, Aug 19
US Cash Crude-Coastal grades firm as WTI/Brent spread widens
Aug 19 (Reuters) - Coastal crude differentials strengthened on Tuesday as U.S. crude futures' discount to the international benchmark Brent widened to its most since June. Mars rose 50 cents, while Light Louisiana Sweet rise 10 cents on Tuesday. West Texas Intermediate crude futures' (WTI) d...Reuters
Tue, Aug 19
Iraq signs agreement with Chevron on oil exploration projects, prime minister says
CAIRO, Aug 19 (Reuters) - Iraq signed an agreement in principle with U.S. oil producer Chevron CVX.N for the Nassiriya project that consists of four exploration blocks in addition to the development of other producing oil fields, Iraq's prime minister said on Tuesday. Iraq in the past two yea...Reuters
Tue, Aug 19
Alaska's limited flood cover takeup in focus as it braces for a greater impact from the peril
By Mia MacGregorAug 19 - (The Insurer) - Glacial outburst floods are escalating in severity in Juneau, Alaska, prompting emergency defenses, damaging homes and accelerating efforts to develop lasting protections in a state with notably limited flood insurance coverage.Meltwater from Suicide Basin, a...Reuters
Tue, Aug 19
US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts
By David ShepardsonWASHINGTON, Aug 19 (Reuters) - The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other heavy equipment, along with railcars, motorcycles, marine engines,...Reuters
Tue, Aug 19
CIF/FOB Gulf Grain-Soy barge bids remain weak, FOB offers drop
CHICAGO, Aug 19 (Reuters) - Basis bids remained weak for soybeans shipped by barge to U.S. Gulf Coast terminals on Tuesday and FOB offers fell due to the absence of Chinese buying, traders said.China, the world's largest soybean buyer, has turned to Brazilian cargoes amid trade tensions with the...Reuters
Tue, Aug 19
LIVESTOCK-Cattle futures push higher on tight supply, high beef prices
By Heather Schlitz CHICAGO, Aug 19 (Reuters) - Chicago Mercantile Exchange cattle futures continued to rise on Tuesday as a tight supply of cattle, surging wholesale beef prices and a decrease in slaughter rates supported prices, traders said. CME October live cattle futures LCV25 ended 0.175 cen...Reuters
Tue, Aug 19
CORRECTED-US oil and gas M&A activity quadrupled last year, report says
Leading energy companies spent $206.6 billion on M&A in 2024ExxonMobil led the way with $84.5 billion in acquisitionsFocus shift from shareholder returns to growthBy Nicole JaoNEW YORK, Aug 19 (Reuters) - Mergers and acquisitions in the U.S. oil and gas sector more than quadrupled last year desp...Reuters
Tue, Aug 19
US allows emergency authorizations of animal drugs to fight screwworms
FDA allowed to issue emergency authorizations to fight screwwormFlesh-eating pest can infest any warm-blooded animalScrewworm has spread north in Mexico toward US borderBy Tom Polansek CHICAGO, Aug 19 (Reuters) - U.S. health officials gave the Food and Drug Administration the power to quickly aut...Reuters
Tue, Aug 19
Atico Mining Corp's Q2 sales rise 94%
OverviewAtico Mining Q2 sales rise 94% yr/yr to $21.1 mln, driven by strong metal pricesNet income for Q2 reaches $2.7 mln, reversing a loss from the previous yearCopper production drops 42% due to lower ore throughput and gradesOutlookAtico expects gradual operational improvements to enhance financ...Reuters
Tue, Aug 19
US to hold more than 30 offshore oil and gas auctions through 2040
Aug 19 (Reuters) - U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the next 15 years.WHY IT'S IMPORTANTThe plan fulfills a directive in Trump...Reuters
Tue, Aug 19
SOFTS-Arabica coffee sets two-month high buoyed by low stocks
NEW YORK, Aug 19 (Reuters) - Arabica coffee futures on ICE rose to a two-month high on Tuesday, boosted by speculative buying linked to low exchange stocks and bullish price charts. COFFEE* Arabica coffee KCc1 settled up 12.6 cents, or 3.7%, at $3.562 per lb, highest in more than tw...Reuters
Tue, Aug 19
