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Brazil's Conab raises soy, corn output estimates as season draws to a close
SAO PAULO, Sept 11 (Reuters) - Brazilian crop agency Conab increased its final grain production estimates for the 2024/2025 crop season on Thursday, saying local farmers harvested 171.47 million metric tons of soybeans and 139.67 million tons of corn.As the season draws to a close, the adjustment re...Reuters
5 minutes ago
RPT-COLUMN-Crude oil to be driven longer-term by supply-demand mismatch, geopolitics: Russell
By Clyde RussellSINGAPORE, Sept 11 (Reuters) - The global crude oil market is facing two long-term fundamental shifts that will change how cargoes flow around the world and how they are priced.The first factor is a supply and demand issue, with the vast majority of demand growth concentrated in Asia...Reuters
12 minutes ago
Oil prices fall nearly 1% on oversupply and weaker US demand
IEA expects oversupply to increase with OPEC output boostEIA reports bigger than expected rise in oil stocksUS consumer prices data due later on ThursdayBy Seher Dareen LONDON, Sept 11 (Reuters) - Oil prices fell on Thursday, pressured by concerns over softening U.S. demand and broad oversupply t...Reuters
24 minutes ago
PRESS DIGEST-Canada - September 11
Sept 11 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Toronto-Dominion Bank TD.TO is hiring Taylan Turan from HSBC Holdings as chief operating officer and is also reva...Reuters
25 minutes ago
US eyes stronger energy ties with Greece, says interior secretary
ATHENS, Sept 11 (Reuters) - The United States wants to expand its energy ties with Greece, U.S. Interior Secretary Doug Burgum said during a visit to Athens on Thursday, as the Trump administration works to further reduce Russia's oil and gas supplies to Europe. Burgum has been in Europe this we...Reuters
38 minutes ago
RPT-COLUMN-Europe succumbs to US ‘energy dominance’ at its own risk: Bousso
US presses Europe to cut Russian energy purchasesInterior secretary says US can replace Russian gas volumesBut that would increase US share of EU's LNG imports to over 70%By Ron Bousso MILAN, Sept 11 (Reuters) - It may appear quite audacious for the world's largest natural gas producer to...Reuters
an hour ago
RPT-COLUMN-China's rare cut to power pollution offset by higher US emissions: Maguire
By Gavin MaguireLITTLETON, Colorado, Sept 11 (Reuters) - It's been said that there's little point in other countries cutting back on pollution while China keeps building new coal plants and lifts its own emissions ever higher.But so far in 2025 China's power sector has managed a rare dec...Reuters
an hour ago
Ryanair warns of years-long impact on European aviation from Russia-Ukraine war
By Conor Humphries DUBLIN, Sept 11 (Reuters) - Ryanair boss Michael O'Leary warned on Thursday that the Russia-Ukraine war would be an ongoing issue for all European airlines for years to come, a day after Poland shot down suspected Russian drones in its airspace. Warsaw Chop...Reuters
an hour ago
Gold Price Forecast: XAU/USD retreats to $3,620 amid US Dollar strength
Gold failed to find acceptance above the $3,660 area and is trading lower on Thursday, returning to $3,620, as US Dollar appreciates for the third consecutive day, with all eyes on the US Consumer Prices Index release.Fxstreet
2 hours ago
Swiss add lustre to Trump trade deal with gold refining plan, sources say
Switzerland hit by Trump tariffs due to trade deficitPharma, gold account for much of the deficitGold refinery could help cut the deficitBy Dave Graham ZURICH, Sept 11 (Reuters) - Switzerland is proposing that its gold industry builds a refinery in the United States or increases its processing ca...Reuters
2 hours ago
METALS-Copper edges down from $10,000 on firmer dollar and tariff uncertainty
By Eric Onstad LONDON, Sept 11 (Reuters) - Copper prices slipped on Thursday, creeping above $10,000 a metric ton before retreating under pressure from a firmer dollar and persistent uncertainty over how tariffs will affect demand.Three-month copper CMCU3 on the London Metal Exchange was down 0.4...Reuters
2 hours ago
World oil market to see higher supply, surplus after OPEC+ hike, IEA says
IEA expects global supply to rise by 2.7 million bpd in 2025Raises demand growth forecast this year to 740,000 bpdImplied surplus to exceed 3 million bpd in 2026OPEC forecasts due later on ThursdayBy Alex Lawler LONDON, Sept 11 (Reuters) - World oil supply will rise more rapidly than expected thi...Reuters
2 hours ago
Deals of the Day-Mergers and acquisitions
Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday: ** Convenience store operator RaceTrac agreed to buy sandwich chain Potbelly Corp PBPB.O for approximately $566 million on Wednesday, in a rare move for a convenience store operator to...Reuters
2 hours ago
Barrick exits Canadian gold mining with over $1 bln Hemlo sale
By Arunima KumarSept 11 (Reuters) - Barrick Mining ABX.TO said on Wednesday it will sell its last producing Canadian gold mine, Hemlo, to Carcetti Capital CARTh.V for up to $1.09 billion.Hemlo has produced more than 21 million ounces of gold and was once one of Canada's most important mining cam...Reuters
2 hours ago
ASIA COFFEE-Vietnam market subdued as traders await new coffee beans
By Phuong Nguyen and Mas Alina Arifin HANOI, Sept 11 (Reuters) - Trading activity stayed lacklustre in Vietnam this week due to coffee bean shortages ahead of the upcoming season, while rains continued to hamper harvesting in Indonesia, traders said on Thursday. In the Central Highlands, Viet...Reuters
3 hours ago
