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US natgas edges up from 10-month low
LNG feedgas near record highs, though Corpus Christi plant cuts demandPrices hit lowest level since November 4 on Monday US, Russian officials discussed LNG equipment deals during Ukraine talks, sources sayBy Sherin Elizabeth Varghese Aug 26 (Reuters) - U.S. natural gas futures inched up on Tuesd...Reuters
7 minutes ago
CBOT soybeans end higher after choppy day
CHICAGO, Aug 26 (Reuters) - Chicago Board of Trade soybean futures chopped up and down but ended higher on Tuesday on technical trading, though expectations of a good U.S. soybean crop kept supply in focus. The U.S. Department of Agriculture raised its good-to-excellent rating for the nation's s...Reuters
16 minutes ago
Exxon held secret talks with Russia's Rosneft, WSJ reports
Aug 26 (Reuters) - A senior Exxon Mobil XOM.N executive discussed with Russia's Rosneft this year about returning to the Sakhalin project if the U.S. and Russia gave the green light as part of a Ukraine peace process, the Wall Street Journal reported on Tuesday, citing people familiar with the d...Reuters
18 minutes ago
Trump agencies team up to review offshore wind, Kennedy says
Aug 26 (Reuters) - A group of U.S. federal agencies, including the departments of defense, energy and commerce, are working together to review offshore wind farms approved by the Biden administration along the Atlantic coast, U.S. Health and Human Services Secretary Robert F. Kennedy Jr. said on Tue...Reuters
20 minutes ago
ICE canola futures weaken but stay relatively strong
WINNIPEG, Manitoba, Aug 26 (Reuters) - ICE canola futures weakened on Tuesday but were relatively stronger than soyoil, which fell hard on crop news.• November canola RSX5 settled down $4.60 at $654.8 per metric ton. January RSF6 fell $4.60 to $666.90.• Canola remains near the $660 level, which has ...Reuters
30 minutes ago
CBOT corn lower on selling pressure
CHICAGO, Aug 26 (Reuters) - Chicago Board of Trade corn futures ticked lower on Tuesday on selling pressure while expectations of a bumper U.S. harvest limited the upside in prices, analysts said.Corn has been hit by selling pressure as farmers clear their old-crop corn to make room for a hefty new ...Reuters
33 minutes ago
Oil falls 2% from nearly three-week high; focus on tariffs, Russian supply
Oil slips after four consecutive sessions of gainsPrices expected to remain in tight range, analyst saysTraders track Ukraine developments, US tariffs on IndiaBy Stephanie Kelly NEW YORK, Aug 26 (Reuters) - Oil prices fell 2% on Tuesday, erasing gains from the previous session, as investors watch...Reuters
34 minutes ago
US Commerce Department affirms anti-dumping duties against 10 countries
By Christian MartinezAug 26 (Reuters) - The U.S. Department of Commerce issued affirmative determinations of anti-dumping and countervailing duties against 10 countries on Tuesday after investigations into corrosion-resistant steel products.The determinations cover $2.9 billion in imports from Aust...Reuters
37 minutes ago
US cancelling another $175 million in California high-speed rail projects
Aug 26 (Reuters) - The U.S. Transportation Department said on Tuesday it is cancelling $175 million for four projects that are part of California's high-speed rail project, following cancellation of $4 billion in federal grants for the state's ambitious but much-delayed high-speed rail proje...Reuters
56 minutes ago
US extends waiver of sanctions on Serbia's Russian-owned NIS oil company
BELGRADE, Aug 26 (Reuters) - The United States has for the sixth time postponed sanctions on Serbia's Russian-owned oil company NIS NIIS.BEL, which operates the only oil refinery in the Balkan country, a Serbian official who asked not to be named said on Tuesday. The official said without elabor...Reuters
an hour ago
US Commerce Department affirms anti-dumping duties against 10 countries
Aug 26 (Reuters) - The U.S. Department of Commerce on Tuesday issued affirmative determinations of anti-dumping and countervailing duties against 10 countries after investigations into corrosion-resistant steel products.The determinations cover $2.9 billion in imports from Australia, Brazil, Canada,...Reuters
an hour ago
SOFTS-Arabica coffee prices fall, New York cocoa also down
NEW YORK, Aug 26 (Reuters) - Arabica coffee futures fell on Tuesday, retreating from the prior session's 3-1/2-month high, with the market technically overbought after its recent rapid rise. COFFEE * Arabica coffee futures KCc2 settled down 5.45 cents, or 1.4%, at $3.723 per lb,...Reuters
2 hours ago
PRECIOUS-Gold hits two-week high after Trump attempts to fire Fed Governor Cook
Market sees over 87% chance of September rate cutU.S. GDP estimates on Thursday; PCE due on FridayPalladium hits 7-week lowBy Sarah Qureshi Aug 26 (Reuters) - Gold prices climbed to an over two-week peak on Tuesday, lifted by safe-haven demand, as investor confidence in the U.S. central bank ...Reuters
2 hours ago
Gold holds just below $3,400 as Fed drama hits dollar
Gold stayed firm just under $3,400 per troy ounce on Tuesday, lifted by renewed weakness in the US Dollar (USD) and lingering doubts over the Fed’s independence after President Trump’s unprecedented attempt to fire Governor Lisa Cook.
Fxstreet
2 hours ago
US Cash Grains-Corn, soybean basis bids mostly steady to lower
CHICAGO, Aug 26 (Reuters) - Spot basis bids for corn and soybeans delivered to U.S. Midwest processors and ethanol plants were mostly steady to lower on Tuesday as farmers cleared out their storage prior to the autumn harvest.A processor in Decatur, Illinois, lowered its soybean basis by 5 cents. An...Reuters
2 hours ago
GRAINS-Corn futures lower as farmers sell, soy choppy
By Heather Schlitz CHICAGO, Aug 26 (Reuters) - Chicago corn futures ticked lower on Tuesday on selling pressure as soybeans chopped up and down, though expectations of a bumper U.S. harvest limited the upside in prices, analysts said.Wheat prices firmed on a technical bounce as ample global suppl...Reuters
2 hours ago
Pemex crude oil exports rise in July while refinery output dips, data shows
MEXICO CITY, Aug 26 (Reuters) - Mexican state oil company Pemex reported a 31% rise in crude oil exports in July compared to the previous month, while refining output fell slightly during the same period, according to the latest company data seen by Reuters on Tuesday. WHY IT'S IMPORTANTPemex...Reuters
3 hours ago
Stellantis paid $190.6 million in US fuel economy penalties this year, agency says
By David Shepardson Aug 26 (Reuters) - Chrysler-parent Stellantis paid $190.6 million in penalties this year for not meeting U.S. fuel economy requirements, according to a government report and the Italian-U.S. automaker. The National Highway Traffic Safety Administration said in an annual report...Reuters
3 hours ago
Stellantis paid $190.6 million in US fuel economy penalties this year, agency says
Aug 26 (Reuters) - Chrysler-parent Stellantis paid $190.6 million in penalties this year for not meeting U.S. fuel economy requirements, according to a government report and the Italian-American automaker. The National Highway Traffic Safety Administration said in an annual report that Stellantis pa...Reuters
4 hours ago
METALS-Copper hits two-week high as Trump's row with Fed heats up
By Pratima Desai LONDON, Aug 26 (Reuters) - Copper prices hit two-week highs on Tuesday after U.S. President Donald Trump's announcement he would remove Federal Reserve Governor Lisa Cook boosted expectations of U.S. interest rate cuts next month and weakened the dollar.A weaker U.S. currency...Reuters
4 hours ago
