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CORRECTED-GRAINS-Soybeans steady as Trump, Bessent comments calm market
Soybeans gain support from Trump, Bessent's commentsCorn eases on hedge pressureWheat choppy amid global harvest pressureBy Heather Schlitz CHICAGO, Oct 13 (Reuters) - Chicago soybean futures firmed on Monday, as comments from U.S. President Donald Trump and Treasury Secretary Scott Bessent c...Reuters
13 minutes ago
PRECIOUS-Gold breaks $4,100 to hit high on trade jitters, rate-cut optimism
Gold hits record high of $4,116.77/oz, silver at $52.07/ozBofA lifts 2026 gold forecast to $5,000/oz, sees silver at $65By Sherin Elizabeth Varghese and Noel John Oct 13 (Reuters) - Gold broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed U.S.-China...Reuters
46 minutes ago
Trump to meet Zelenskiy on Friday to talk air defense, new weapons
By Steve Holland, Gram Slattery and Tom BalmforthWASHINGTON, Oct 13 (Reuters) - President Donald Trump will meet Ukrainian President Volodymyr Zelenskiy on Friday for a working lunch, three sources familiar with the planning said, amid intensifying discussions about the potential provision of long-r...Reuters
46 minutes ago
North Sea Crude-Ekofisk falls
LONDON, Oct 13 (Reuters) - North Sea Ekofisk crude differentials weakened on Monday after a lower offer, while buying interest eased for WTI Midland. PLATTS WINDOW* Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DA...Reuters
47 minutes ago
Europe Gasoline/Naphtha-Gasoline cracks inch higher
LONDON, Oct 13 (Reuters) - Northwest European gasoline profit margins gained around 18 cents to $16.62 a barrel on Monday.A total of 5,000 metric tons of Eurobob E5 barges traded, with Equinor and BP selling to Gunvor and Trafigura. No Eurobob E10 barges traded in the window. Russian Finance Ministe...Reuters
49 minutes ago
Silver hits record highs as US-China tensions, Fed rate cut bets fuel demand
Silver (XAG/USD) surges to unprecedented levels on Monday, extending its rally for a ninth consecutive week. The metal trades around $51.55 at the time of writing, up over 3% on the day, after reaching a new all-time high at $52.07 earlier in the day.
Fxstreet
49 minutes ago
METALS-Copper rises as US-China trade tension fears ease
By Pratima Desai LONDON, Oct 13 (Reuters) - Copper prices jumped on Monday as hopes of easing trade tensions between the U.S. and China and stronger Chinese imports of the industrial metal boosted sentiment, while momentum picked up after U.S. markets opened.Benchmark copper CMCU3 on the London M...Reuters
50 minutes ago
Exxon consortium's oil output in Guyana at 770,000 bpd, executive says
Exxon to start up fifth and sixth projects in 2026 and 2027, respectivelyExxon group about to complete environmental assessment for 8th project, permits would be ready next yearGuyana's operation is one of the most important of its portfolioBy Kemol KingGEORGETOWN, Oct 13 (Reuters) - Oil product...Reuters
an hour ago
Gold climbs above $4,100 as investors brace for deeper US–China rift
Gold price continues to print record highs now it passed the $4,100 milestone during the North American session, as US-China’s trade war escalated last week, boosting the safe-haven appeal of Bullion. XAU/USD trades at $4,095 up nearly 2%.
Fxstreet
an hour ago
PRECIOUS-Gold breaks $4,100 to hit high on trade jitters, rate-cut optimism
Gold hits record high of $4,103.58/oz, silver at $52.07/ozBofA lifts 2026 gold forecast to $5,000/oz, sees silver at $65By Sherin Elizabeth Varghese and Pablo Sinha Oct 13 (Reuters) - Gold broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed U.S.-Ch...Reuters
2 hours ago
Trump to have working lunch with Ukraine's Zelenskiy on Friday-senior White House official
WASHINGTON, Oct 13 (Reuters) - President Donald Trump will meet Ukraine President Volodymyr Zelenskiy on Friday for a working lunch, a senior White House official said on Monday.The two leaders spoke on both Saturday and Sunday as Zelenskiy presses for access to more U.S.-made weapons to counter Rus...Reuters
2 hours ago
Gold tops $4,100/oz on U.S.-China trade tensions, Fed rate cut bets
Oct 13 (Reuters) - Gold surged past $4,100 an ounce for the first time on Monday, buoyed by safe-haven buying as U.S.-China trade tensions resurfaced and expectations of a Federal Reserve rate cut later this month further lifted demand.Spot gold XAU= was up 2.1% at $4,099.59 per ounce by 1447 GMT. U...Reuters
2 hours ago
LMEWEEK-Sharp divide between copper bulls and bears at industry gathering
Price surge driven by mine disruptions, record highs predictedDisagreement over copper market balance between surplus, deficitRisks seen to demand in China and U.S. By Eric Onstad LONDON, Oct 13 (Reuters) - A yawning gap has emerged in views about copper between those counting on mine disruptions...Reuters
2 hours ago
Exxon consortium's oil output in Guyana at 770,000 bpd, executive says
GEORGETOWN, Oct 13 (Reuters) - Oil production by a consortium led by Exxon Mobil XOM.N in Guyana rose to 770,000 barrels per day (bpd) following the start-up of the group's fourth floating output facility, the company's chief for the South American country said on Monday.Average output was 6...Reuters
2 hours ago
Trump's latest China tariff brinkmanship clouds IMF, World Bank meetings
US-China trade tensions certain to dominate IMF, World Bank annual meetingsBessent walks back tariff rhetoric, promises China meetings this weekFinance ministers, central bankers from more than 190 countries coming to WashingtonG7 to discuss sanctions on Russia, Ukraine aid optionsBy David Lawder ...Reuters
2 hours ago
Torrential rains, flooding leave at least 64 dead, 65 missing in Mexico
MEXICO CITY, Oct 13 (Reuters) - Torrential rains that lashed Mexico last week have left at least 64 people dead and 65 missing, the government said Monday, after downpours triggered landslides, cut off power in some municipalities and caused rivers to burst their banks.Mexican authorities have deplo...Reuters
3 hours ago
LMEWEEK-Trafigura CEO downplays role of AI, defence in copper demand
By Tom Daly LONDON, Oct 13 (Reuters) - Traditional applications for copper will continue to account for the vast majority of demand for the metal over the next decade, rather than data centres and the defence industry, the CEO of trading house Trafigura said on Monday.Speaking at the LME Week s...Reuters
3 hours ago
PRECIOUS-Gold, silver surge to all-time highs on trade jitters and rate-cut optimism
Gold hits record high of $4,096.35/oz, silver at $52/ozBofA lifts 2026 gold forecast to $5,000/oz, sees silver at $65By Sherin Elizabeth Varghese and Pablo Sinha Oct 13 (Reuters) - Gold notched another record high on Monday, as renewed U.S.-China trade tensions sent investors flocking to safe-ha...Reuters
3 hours ago
Serbia will protect its interests regarding NIS oil company, president says
BELGRADE, Oct 13 (Reuters) - Serbia will do everything it can to protect its interests in the face of U.S. sanctions against Serbia-based, Russia-owned oil company NIS NIIS.BEL, its president Aleksandar Vucic said on Monday.Washington announced sanctions in January against NIS, Serbia's biggest ...Reuters
3 hours ago
