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Oil eases after rising to two-week high on Russia-Ukraine supply concerns
By Anjana Anil Aug 26 (Reuters) - Oil prices edged down on Tuesday after surging nearly 2% in the previous session, as traders kept a close watch on developments in the Russia-Ukraine conflict for the potential impact on fuel supplies from the region.Brent crude futures LCOc1 fell 16 cents, or 0.
Reuters
5 minutes ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Aug 26 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$68.19res $68.98/$69.46/$69.76Palm oil (3rd month)4,455/4,421 ringgitres 4,509/4,542/4,563 ringgitWTI* (1st mth)$64.37/$64.07res $64.89/$65.21/$65.73Spot gold$3,388/$3,4...Reuters
6 minutes ago
GRAINS-Soybeans fall for 2nd session on improved US rating
SINGAPORE, Aug 26 (Reuters) - Chicago soybeans eased on Tuesday after a weekly U.S. crop report showed improved crop conditions, bolstering expectations of a bumper harvest this autumn, while weak demand from top importer China added further pressure.Corn and wheat prices also fell amid plentiful gl...Reuters
7 minutes ago
WTI edges higher above $64.50 amid supply concerns, potential US Fed rate cut
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI extends the rally due to a pause in negotiations for a peace deal between Russia and Ukraine. Traders await the American Petroleum Institute (API) weekly crudeFxstreet
18 minutes ago
CIF/FOB Gulf Grain-Soybean, corn barge bids inch higher
CHICAGO, Aug 25 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals firmed on Monday, reflecting exporter demand for both grains, traders said.Rumors swirled last week that top global soy buyer China was inquiring about U.S. soybeans, after months of relying on...Reuters
25 minutes ago
LIVESTOCK-Cattle futures tip down on screwworm fears
By Heather Schlitz CHICAGO, Aug 25 (Reuters) - Chicago Mercantile Exchange cattle futures fell on Monday as renewed concerns over the spread of New World screwworm pulled cattle futures off contract highs set during the previous week. The U.S. Department of Health and Human Services on Sunday rep...Reuters
2 hours ago
Boeing Co Says Korean Air Commits To Record Purchase Of 103 Boeing Jets
Aug 26 (Reuters) - Boeing Co BA.N:BOEING CO - KOREAN AIR COMMITS TO RECORD PURCHASE OF 103 BOEING JETSBOEING - DEAL WILL MARK KOREAN AIR'S FIRST ORDER FOR 777-8F AND WILL SUPPORT AN ESTIMATED 135,000 JOBS ACROSS USBOEING - KOREAN AIR INTENDS TO BUY BOEING'S 777-9S, 787-10S, 737-10S AND 777-8...Reuters
2 hours ago
US screwworm patient recovered, Maryland says, as ranchers criticize secrecy
US human screwworm case was Maryland resident who recovered, state health department saysUS cattle futures drop on fears parasite will infest livestockCattle ranchers criticize government for delayed reporting of human caseBy Tom Polansek and Leah Douglas CHICAGO/WASHINGTON, Aug 25 (Reuters) - Th...Reuters
2 hours ago
Trump administration plans to cancel approval of Maryland offshore wind project
Trump administration will move to vacate project approval in Maryland lawsuit by Sept. 12US Wind says project is legally soundTrump has made a series of moves to stymie offshore wind development Aug 25 (Reuters) - The Trump administration intends to withdraw federal approval for US Wind’s wind fa...Reuters
2 hours ago
Bill Gates-backed TerraPower, Utah to explore nuclear reactor sites amid power demand surge
Aug 25 (Reuters) - The Utah Office of Energy Development, TerraPower and land development firm Flagship Companies signed an agreement on Monday to explore sites for a nuclear reactor project and an energy storage plant amid soaring demand for power.The parties said they expect to make recommendation...Reuters
3 hours ago
US Cash Crude-Grades mixed on final day of volatile roll trade period
Aug 25 (Reuters) - U.S. crude grades pulled in different directions on Monday, the third and final day of a volatile roll trading period, dealers said. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. c...Reuters
4 hours ago
GRAINS-Soybeans fall as hopes for Chinese demand wane; corn, wheat firm
Chicago soybeans fall on lack of Chinese demand, U.S. biofuel exemptionsCorn and wheat firmBy Heather Schlitz CHICAGO, Aug 25 (Reuters) - Chicago soybeans fell on Monday after hitting two-month highs on Friday, as industry players lost confidence that Chinese buyers would purchase U.S. soybeans, ...Reuters
4 hours ago
CBOT wheat higher on spillover strength from corn
CHICAGO, Aug 25 (Reuters) - Chicago Board of Trade wheat futures rose on Monday on spillover support from corn futures and hopes of U.S. export sales with Black Sea prices robust. Corn futures rose after a crop tour forecasted the U.S. corn harvest below estimates from the U.S. Department of Agricul...Reuters
4 hours ago
Trump administration plans to cancel approval of Maryland offshore wind project
Aug 25 (Reuters) - The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing submitted by Attorney General Pam Bondi in the U.S. District Court in Delaware on Friday.US Wind is owned by fun...Reuters
4 hours ago
CBOT soybeans down as traders assess Chinese demand
CHICAGO, Aug 25 (Reuters) - Chicago Board of Trade soybean futures fell on Monday after hitting two-month highs on Friday, as industry players lost confidence that Chinese buyers would purchase U.S. soybeans, while dealers assessed exemptions granted to U.S. crude oil refiners for use of soy-based b...Reuters
4 hours ago
US halt of wind project defies explanation, New England officials say
State leaders demand explanation for stop-work order on wind projectGrid operator warns delay risks reliability for 15 million peopleGreen Oceans group supports halt, citing flawed permitting processBy Nichola Groom Aug 25 (Reuters) - The Trump administration's order to halt work on a nearly ...Reuters
4 hours ago
Oil prices rise as Russia-Ukraine war threatens supply disruption
Ukraine drone attacks target Russian energy infrastructureUS vice president says Russia has made 'significant concessions'Federal Reserve Chair Powell signals possible September rate cut By Nicole Jao NEW YORK, Aug 25 (Reuters) - Oil prices climbed around 2% on Monday, continuing last wee...Reuters
5 hours ago
EXCLUSIVE-Canada's Alberta eyes investment in Japan's refining to boost oil exports, sources say
Alberta may help pay for a coker in a Japanese refineryCanada aims to diversify oil export markets beyond U.S.Refining upgrade could help Japan process Canadian heavy crudeBy Amanda Stephenson and Arathy Somasekhar CALGARY/HOUSTON, Aug 25 (Reuters) - Canada's main oil-producing province of Al...Reuters
5 hours ago
