News
Important Only
PRECIOUS-Gold hits over 1-month peak on Fed rate-cut hopes
Jan 16 (Reuters) - Gold prices hit more than one-month highs on Thursday in early Asian hours after data showed U.S. core inflation rose less than expected in December, raising hopes that the Federal Reserve could ease interest rates further.FUNDAMENTALS* Spot gold XAU= was flat at $2,695.84 per oun...Reuters
Thu, Jan 16
UPDATE 2-New York City lawsuit against Exxon, BP, Shell over climate change dismissed
New York City says its 8.3 million residents were misledClaims the companies engaged in 'greenwashing' rejectedCity reviewing its legal options, seeks accountabilityAdds Exxon and Shell comments in paragraphs 10-11By Jonathan Stempel NEW YORK, Jan 15 (Reuters) - A judge has dismissed New York...Reuters
Thu, Jan 16
LIVESTOCK-Firm cash markets, strong beef prices lift cattle futures
CHICAGO, Jan 15 (Reuters) - Chicago Mercantile Exchange (CME) live cattle futures rose on Wednesday and hovered near long-term highs established late last week, supported by strong demand for beef and firm cash markets for slaughter-ready cattle, traders said.February live cattle futures LCG25 settl...Reuters
Thu, Jan 16
BRIEF-S&P Says Los Angeles, CA General Obligation Bond Rating Placed On Creditwatch Negative Due To Risks Associated With Wildfires
Jan 15 (Reuters) - S&P: LOS ANGELES, CA GENERAL OBLIGATION BOND RATING PLACED ON CREDITWATCH NEGATIVE DUE TO RISKS ASSOCIATED WITH WILDFIRESSource text: https://tinyurl.com/2ypu84l3 ((Reuters.Briefs@thomsonreuters.com;))Reuters
Wed, Jan 15
UPDATE 3-Colonial Pipeline's main US gasoline artery likely shut until Friday
Colonial crews still searching for source of suspected gasoline leak in GeorgiaLine 1 outage duration on par with Colonial shutdown in 2021 due to cyberattackMarket impact limited by high stockpiles, refinery outputAdds comments from fuel distributor in paragraphs 6-7By Shariq KhanNEW YORK, Jan 15 (...Reuters
Wed, Jan 15
UPDATE 2-Rio Tinto's iron ore shipments slip, miner sees global economic resilience
Recasts, adds details on production/costs in paragraphs 3,4 & 6, forecast in paragraphs 9-11Jan 16 (Reuters) - Rio Tinto RIO.AX, RIO.L on Thursday reported its lowest annual iron ore shipments in two years, partly as heavy rains in Western Australia impacted output in the December quarter, but said ...Reuters
Wed, Jan 15
CIF/FOB Gulf Grain-Corn barge bids firm as icy rivers slow shipments
CHICAGO, Jan 15 (Reuters) - Spot basis bids for corn shipped by barge to the U.S. Gulf Coast firmed on Wednesday in a modest recovery from a sharp downturn in bids that was triggered by surging futures prices and a pickup in farmer sales, traders said.* Icy river conditions in the Midwest slowed bar...Reuters
Wed, Jan 15
US Cash Grains-Soybean basis steady to lower at processors
CHICAGO, Jan 15 (Reuters) - Basis bids for soybeans were mostly flat to lower at processing locations around the U.S. Midwest on Wednesday, following several days of increased farmer selling. * The soybean basis fell by 10 cents at a processor in Decatur, Illinois. * The corn basis lost 3 cents at...Reuters
Wed, Jan 15
US Cash Crude-Grades slip as investors digest Gaza ceasefire
Jan 15 (Reuters) - U.S. cash crude grades slipped on Wednesday as investors digested news of a ceasefire in Gaza, but a larger-than-expected weekly fall in crude stocks curbed some losses. Negotiators reached a phased deal on Wednesday to end the war in Gaza between Israel and Hamas, the U.S. and Qa...Reuters
Wed, Jan 15
Hundreds of firefighters 'just get up and go' to aid Los Angeles
Firefighters from St. Helena assist in Los Angeles firesCrews work 24-hour shifts, rest at Rose Bowl base campPublic support boosts morale with food, clothing donationsBy Lisa Richwine PASADENA, California, Jan 15 (Reuters) - Members of the St. Helena Fire Department have battled devastating fire...Reuters
Wed, Jan 15
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens
Jan 15 (Reuters) - The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) widened on Wednesday:* WCS for February delivery in Hardisty, Alberta, settled at $12.80 a barrel under the WTI benchmark, according to brokerage CalRock, havi...Reuters
Wed, Jan 15
UPDATE 2-Oilfield services provider Flowco raises $427 mln in US IPO
Adds company background in paragraphs 7 & 8 Jan 15 (Reuters) - Flowco Holdings has raised $427.2 million after pricing its U.S. initial public offering above its targeted range, the oilfield services provider said on Wednesday. Flowco priced its offering of 17.8 million shares at $24 each. The co...Reuters
Wed, Jan 15
Russia says infrastructure attacks in response to Ukrainian attacks using Western weaponry
Jan 16 (Reuters) - Russian military strikes against energy infrastructure in western Ukraine were carried out in response to Ukrainian strikes using Western weaponry, the Russian Defence Ministry said early on Thursday.A defence ministry statement said it had made a successful strike on a large gas ...Reuters
Wed, Jan 15
BRIEF-Peru authorizes meat imports from nine Brazil meatpacking plants, says Brazil
Jan 15 (Reuters) - BRAZIL FOREIGN MINISTRY SAYS PERU AUTHORIZED NINE BRAZIL MEAT PLANTS TO EXPORT TO PERU- STATEMENTBRAZIL FOREIGN MINISTRY SAYS AUTHORIZED PLANTS INCLUDE PORK, POULTRY UNITS (Reporting by Sao Paulo newsroom) ((Andre.Romani@thomsonreuters.com;))Reuters
Wed, Jan 15
Oilfield services provider Flowco raises $427 mln in US IPO
Jan 15 (Reuters) - Flowco Holdings raised $427.2 million after pricing its U.S. initial public offering above its targeted range, the oilfield services provider said on Wednesday. (Reporting by Pritam Biswas in Bengaluru; Editing by Devika Syamnath) ((Pritam.Biswas@thomsonreuters.com;))Reuters
Wed, Jan 15
GRAINS-Corn futures firm on Argentina weather worries, soybeans retreat
Updates with closing U.S. pricesBy Julie Ingwersen CHICAGO, Jan 15 (Reuters) - Benchmark U.S. corn futures rose on Wednesday, hovering near one-year highs as traders continued to adjust to a tighter supply outlook projected last week by the U.S. Department of Agriculture (USDA) and fretted about ...Reuters
Wed, Jan 15
Rio Tinto's fourth-quarter iron ore shipments fall 1%
Jan 16 (Reuters) - Rio Tinto RIO.AX, RIO.L reported a 1% decline in its fourth-quarter iron ore shipments on Thursday, as the miner faced operational headwinds at the Yandicoogina and Paraburdoo mines in the Pilbara region. One of the world's largest iron ore producers shipped 85.7 million metri...Reuters
Wed, Jan 15
CBOT wheat ends firm after choppy session; KC, Minneapolis end lower
CHICAGO, Jan 15 (Reuters) - Chicago Board of Trade wheat futures ended modestly higher on Wednesday after a choppy session, supported by technical buying and a setback in the U.S. dollar .DXY from two-year highs. CBOT March soft red winter wheat WH25 settled up 3/4 cent at $5.47 per bushel.CBOT whe...Reuters
Wed, Jan 15
UPDATE 2-Trump to make it easier for LNG export permit renewals, sources say
Adds analyst comments and background in paragraphs 5-6By Curtis Williams and and Jarrett Renshaw HOUSTON, Jan 15 (Reuters) - U.S. President-elect Donald Trump plans to make it easier for some producers of liquefied natural gas (LNG) to seek export permit renewals, according to two sources with kn...Reuters
Wed, Jan 15
