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Oil eases after rising to 2-week high on Russia-Ukraine supply concerns
By Anjana Anil and Emily Chow SINGAPORE, Aug 26 (Reuters) - Oil prices edged down on Tuesday, after surging nearly 2% in the previous session, as traders closely monitored developments in the Russia-Ukraine conflict for potential disruptions to regional fuel supplies.Brent crude LCOc1 fell 32 cen...Reuters
10 minutes ago
Lutnick says update on Japan's $550 billion US investment coming this week
Japan could invest in chips, antibiotics, rare earths in US, Lutnick saysJapan's Akazawa to visit U.S. to seal investment returns split, source saysTokyo wants Trump orders to cut tariffs on Japanese goods soonBy Tamiyuki Kihara and Kantaro Komiya TOKYO, Aug 26 (Reuters) - The United States...Reuters
30 minutes ago
COLUMN-China's LNG imports are set to rise for a 4th month, but it's not bullish: Russell
By Clyde RussellLAUNCESTON, Australia, Aug 26 (Reuters) - China's imports of liquefied natural gas (LNG) are poised to rise for a fourth straight month in August, but this may not be quite as bullish as it first appears.The world's biggest buyer of the super-chilled fuel is on track to see i...Reuters
41 minutes ago
India braces for export hit as US imposes steep new tariffs from Wednesday
MUMBAI/NEW DELHI, Aug 26 (Reuters) - Indian exporters are bracing for disruptions after a U.S. Homeland Security notification confirmed Washington will impose an additional 25% tariff on all Indian-origin goods from Wednesday, ramping up trade pressure on the Asian nation.Indian exports will face U....Reuters
an hour ago
Fire at Russia's Novoshakhtinsk refinery extinguished, regional governor says
Aug 26 (Reuters) - A fire at Russia's Novoshakhtinsk refinery in the southern Rostov region was extinguished on Tuesday morning, acting governor of the region, Yury Slyusar, said on the Telegram messaging app.The fire, sparked by a Ukrainian drone attack, had been burning since Aug. 21.Reuters
2 hours ago
South Korea, US made progress on upgrading alliance, nuclear energy, Seoul advisers say
SEOUL, Aug 26 (Reuters) - South Korea and the United States made progress on upgrading their military alliance and held "meaningful" discussions on nuclear energy cooperation during a summit between the leaders of the two countries, Seoul's presidential aides said.Reuters
2 hours ago
METALS-Copper rises on critical mineral status prospects, Chile regulatory moves
By Lucas Liew Aug 26 (Reuters) - Copper prices rose across major exchanges on Tuesday on U.S. efforts to classify the metal as a critical mineral, while regulatory developments in Chile fueled supply concerns. Three-month copper on the London Metal Exchange CMCU3 rose 0.56% to $9,851.5 per metr...Reuters
3 hours ago
Gold jumps as President Trump fires Fed Governor Lisa Cook
The Gold price (XAU/USD) attracts some buyers near $3,375 during the Asian trading hours on Tuesday. The precious metal edges higher amid concerns about the US Federal Reserve’s (Fed) independence after the report that US President Donald Trump says he is removing Fed Governor Lisa Cook.Fxstreet
3 hours ago
Elliott affiliate emerges as frontrunner in Citgo auction, filing says
Gold Reserve's Dalinar has 3 days to improve its bidAmber offers $5.86 billion to creditorsAmber also offers $2.86 billion to resolve claims against Citgo's parent By Marianna Parraga HOUSTON, Aug 25 (Reuters) - A U.S. court officer said on Monday an affiliate of hedge fund Elliott Invest...Reuters
3 hours ago
In protein-deficient India, McDonald's, Bollywood and cricket fuel wellness craze
India witnessing huge demand for protein-loaded productsBoom driven by high protein deficiency, not gym fadConsumer firms rush in, launch products with extensive marketing India has world's most vegetarians; poorly ranked on meat intakeBy Dhwani Pandya and Praveen ParamasivamMUMBAI/CHENNAI, Aug...Reuters
3 hours ago
Bid by Elliott affiliate emerges as front runner in Citgo auction, filing says
HOUSTON, Aug 25 (Reuters) - A U.S. court officer overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum said on Monday a bid by an affiliate of hedge fund Elliott Investment Management is considered superior to an offer by a group led by miner Gold Reserve GRZ.V, wh...Reuters
4 hours ago
U.S. Plains HRW Wheat-Basis steady; protein premiums firm
CHICAGO, Aug 25 (Reuters) - Spot basis bids for hard red winter wheat were mostly flat at grain elevators in the southern U.S. Plains on Monday as K.C. HRW wheat futures sagged.K.C. September hard red winter wheat futures KWU25 settled down 1-1/4 cents on Monday at $4.96-3/4 per bushel after posting...Reuters
4 hours ago
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 hours 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
5 hours 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
5 hours 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
5 hours 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
5 hours 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
6 hours ago
