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EU wheat falls back as supply pressure lingers
PARIS, Aug 19 (Reuters) - Euronext wheat eased on Tuesday as short-covering in front-month futures abated while rising expectations for Russian production tempered reaction to a wave of French export sales.September wheat BL2U5 on Paris-based Euronext settled 0.9% down at 194.50 euros ($226.71) a me...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.' ChevronCVX.N for a project that consists of four exploration blocks in addition to the development of other producing oil fields, Iraq's prime minister said on Tuesday.Reuters
Tue, Aug 19
GRAINS-Chicago wheat, corn tick lower on continued supply pressure
Abundant supply pressures corn, wheat futuresSoybeans fall on profit-takingAnnual US Midwest field tour gets under wayBy Heather Schlitz CHICAGO, Aug 19 (Reuters) - Chicago wheat fell on Tuesday, pressured by an upward revision to Russia's wheat crop forecast and the latest talks to end the w...Reuters
Tue, Aug 19
METALS-Aluminium hits near two-week low on Ukraine talks
By Eric Onstad LONDON, Aug 19 (Reuters) - Aluminium prices slid to their weakest level in nearly two weeks on Tuesday on the prospect of an end to the Ukraine war that might allow major producer Russia to boost supply.Benchmark three-month aluminium CMAL3 on the London Metal Exchange fell 1% to $...Reuters
Tue, Aug 19
Europe Gasoline/Naphtha-Gasoline profit margins gain
LONDON, Aug 19 (Reuters) - Northwest European gasoline profit margins rose 41 cents to $16.53 a barrel on Tuesday.A total of 16,000 metric tons of Eurobob E5 barges traded in the session, with Gunvor, BP and Sahara Energy selling to Varo, Aramco and TotalEnergies.An additional 3,000 tons total of Eu...Reuters
Tue, Aug 19
US Cash Grains-Soybean basis steady-down on slowing demand, corn bids mostly flat
CHICAGO, Aug 19 (Reuters) - Spot soybean basis bids were unchanged to lower at U.S. Midwest elevators and processing plants on Tuesday as demand slowed at some locations and buyers looked ahead to an expected bumper harvest this autumn, merchants said.Soy processor demand is slowing as some crush pl...Reuters
Tue, Aug 19
US soybean farmers urge Trump to make purchase deal with China
By Leah Douglas WASHINGTON, Aug 19 (Reuters) - U.S. soybean farmers urged President Donald Trump in a Tuesday letter to reach a trade deal with China that secures significant soybean purchase agreements, warning of dire long-term economic outcomes if the country continues to shun the U.S. crop. C...Reuters
Tue, Aug 19
US adds 407 product categories to steel and aluminum tariffs list
WASHINGTON, Aug 19 (Reuters) - The U.S. Department of Commerce on Tuesday announced the addition of 407 product categories to its list of "derivative" steel and aluminum products subject to tariffs."Today’s action covers wind turbines and their parts and components, mobile cranes, bulldo...Reuters
Tue, Aug 19
EXCLUSIVE-Toms Capital seeks CSX meeting after acquiring stake, sources say
By Svea Herbst-Bayliss NEW YORK, Aug 19 (Reuters) - Hedge fund Toms Capital Investment Management has requested to meet with the board at U.S. railroad operator CSX CSX.O after recently buying a stake, people familiar with the matter said, raising speculation the firm may push for a possible merg...Reuters
Tue, Aug 19
WTI Crude Oil slides toward $62.00 as geopolitical tensions ease and oversupply fears mount
WTI Crude Oil remains under pressure on Tuesday, trading around $62.00 per barrel, as markets digested signs of de-escalation in the Russia-Ukraine conflict and positioned cautiously ahead of key macroeconomic events.
Fxstreet
Tue, Aug 19
Cameron LNG undergoing maintenance, cargoes not affected, company says
HOUSTON, Aug 19 (Reuters) - Natural gas flows to the Cameron LNG export facility in Louisiana were significantly reduced for a second consecutive day on Tuesday for short-term maintenance, the company said. Gas flows to the facility, the fourth-largest in the United States, was down to 1.3 billion c...Reuters
Tue, Aug 19
Venezuelan PDVSA 2020 bond up to 4-month high
Aug 19 (Reuters) - A defaulted Venezuelan bond was up 1 cent on Tuesday to 95 cents on the dollar, the highest since mid-April, after a U.S. court this week reopened bidding for the parent of Venezuela-owned refiner Citgo Petroleum, which could lead to payment agreements with the bondholders.Reuters
Tue, Aug 19
US targets steel, copper, lithium imports under Uyghur forced labor law
WASHINGTON, Aug 19 (Reuters) - The Trump administration on Tuesday said it was targeting more imports of Chinese goods, including steel, copper and lithium, for high-priority enforcement over alleged human-rights abuses involving the Uyghurs.The Department of Homeland Security, in a post on X, said ...Reuters
Tue, Aug 19
US targets steel, copper, lithium and other imports under Uyghur forced labor law, DHS says
WASHINGTON, Aug 19 (Reuters) - The Trump administration on Tuesday said it was designating several new Chinese industry sectors—including steel, copper, lithium, caustic soda and red dates—for high priority enforcement over alleged human-rights abuses involving the Uyghurs.The Department of Homeland...Reuters
Tue, Aug 19
US natgas prices drop 4% to nine-month low on record output, cooler weather
Gas stockpiles at 6% above normal levels, and risingRecord output and ample stockpiles lead to price slideHurricane Erin unlikely to impact US gas productionLNG export feedgas falls due to plant reductionsBy Scott DiSavino Aug 19 (Reuters) - U.S. natural gas futures fell about 4% to a nine-month ...Reuters
Tue, Aug 19
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
Tue, Aug 19
CBOT Trends-Corn and wheat down 3-5 cents, soybeans steady-down 2
CHICAGO, Aug 19 (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 Tuesday. WHEAT - Down 3 to 5 cents per bushelWheat futures Wv1 lower on ample global supplies and spillover pressure fr...Reuters
Tue, Aug 19
Peabody scraps $3.8 billion bid for Anglo American's coal mines
Peabody had sought to renegotiate deal after mine fire Anglo says to seek damages for wrongful terminationPeabody shares up more than 6% in premarket trade LONDON, Aug 19 (Reuters) - Peabody Energy BTU.N on Tuesday withdrew its $3.78 billion bid for Anglo American's AAL.L Australian coking co...Reuters
Tue, Aug 19
Freeport LNG in Texas recovers from brief reduction, gas intake rises, LSEG data shows
Aug 19 - U.S. company Freeport LNG's export plant in Texas was on track to take in more natural gas on Tuesday, a sign that one of its liquefaction trains was resuming operations after an outage that started on Sunday, according to a company filing with state regulators and data from financial c...Reuters
Tue, Aug 19
NHC downgrades Erin to Category-2 hurricane
Aug 19 (Reuters) - Erin has weakened to a Category 2 hurricane but is expected to grow larger as it moves over the western Atlantic through the week, the U.S. National Hurricane Center said on Tuesday.The hurricane is about 720 miles (1,155 km) south-southeast of Cape Hatteras, North Carolina, with ...Reuters
Tue, Aug 19
