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Canada names gas plant, port, mines as major projects to be sped up
OTTAWA, Sept 11 (Reuters) - Canada named five major projects on Thursday it said would be eligible for fast-track approvals as part of a campaign to diversify the economy and reduce reliance on the United States as tariffs bite.The government of Mark Carney, frustrated by a complex process that ...Reuters
5 minutes ago
Europe Gasoline/Naphtha-Gasoline profit margins rise on refinery maintenance
LONDON, Sept 11 (Reuters) - Northwest European gasoline profit margins rose $1.67 a barrel to just under $20 on Thursday, despite higher regional inventories, as upcoming refinery maintenance shutdowns lent support. A total of 10,000 metric tons of Eurobob E5 barges traded with Gunvor, Sahara and To...Reuters
19 minutes ago
Euronext wheat steadies as USDA report looms
PARIS/HAMBURG, Sept 11 (Reuters) - European wheat futures rose on Thursday to edge away from contract lows as traders adjusted positions before widely followed U.S. government crop forecasts on Friday.December milling wheat BL2Z5 on the Paris-based Euronext exchange closed up 0.4% at 189.50 euros ($...Reuters
25 minutes ago
METALS-Copper lurches above $10,000 on weaker dollar after US data
By Eric Onstad LONDON, Sept 11 (Reuters) - Copper prices jumped to their strongest in over five months on Thursday, boosted by a weaker dollar after U.S. data gave investors more confidence that U.S. interest rates will be cut next week.Three-month copper CMCU3 on the London Metal Exchange rose 0...Reuters
33 minutes ago
US, India 'not that far apart' on tariffs, says Trump's India nominee
By Patricia Zengerle and David Brunnstrom WASHINGTON, Sept 11 (Reuters) - Republican President Donald Trump's nominee to be the U.S. ambassador to India said on Thursday that Washington and New Delhi are "not that far apart" on tariffs."We're not that far apart on a deal on th...Reuters
34 minutes ago
Oil prices slide 2% on oversupply, weaker US demand
IEA expects oversupply to increase with OPEC output boostSaudi Arabia's crude oil exports to China set to surge in OctoberUS consumer prices rise, Fed likely to cut ratesBy Scott DiSavino NEW YORK, Sept 11 (Reuters) - Oil prices slid about 2% on Thursday on concerns over softening U.S. demand...Reuters
36 minutes ago
WTI Crude Oil plunges as OPEC and IEA warn of oversupply risks
West Texas Intermediate (WTI) Crude Oil comes under renewed selling pressure on Wednesday, paring most of the gains registered earlier this week, as investors respond to back-to-back bearish signals from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency
Fxstreet
44 minutes ago
CSX CEO Expects More Intermodal Growth In Q4 - Morgan Stanley Conf
Sept 11 (Reuters) - CSX Corp CSX.O:CSX CEO EXPECTS MORE INTERMODAL GROWTH IN THE Q4 - MORGAN STANLEY CONFCSX CEO: LOST SOME AUTOS THIS YEARCSX CEO: AG BUSINESS HAS BEEN AVERAGECSX CEO: INTERNATIONAL BUSINESS HAS BEEN HOLDING UP WELLCSX CEO: WE DON'T ANTICIPATE A SOFTENING IN INTERMODAL BUSINESSC...Reuters
55 minutes ago
POWER UP-Trading Risk
By Ron Bousso LONDON, Sept 11 (Reuters) - Hello Power Up readers,This week I'm writing from beautiful Milan where the world's natural gas industry gathered for the annual Gastech conference. But this has been no usual trade fair. Beyond the dozens of company booths showcasing the sector&#...Reuters
an hour ago
India's Adani bans entry of sanctioned ships at its ports, sources say
By Nidhi VermaNEW DELHI, Sept 11 (Reuters) - India's largest private port operator, Adani Group, has banned entry of tankers that are sanctioned by Western countries at all of its ports, three sources said and documents show, a move that could hit Russian oil supplies for two Indian refiners.Ada...Reuters
an hour ago
Trump India nominee: US, India 'not that far apart' on tariffs
WASHINGTON, Sept 11 (Reuters) - Republican President Donald Trump's nominee to be the U.S. ambassador to India said on Thursday that Washington and New Delhi are "not that far apart" on tariffs."We're not that far apart on a deal on these tariffs," Sergio Gor, a close Trump a...Reuters
an hour ago
Euronext wheat steadies as USDA report looms
PARIS/HAMBURG, Sept 11 (Reuters) - European wheat futures rose on Thursday to edge away from contract lows as traders adjusted positions before widely followed U.S. government crop forecasts on Friday.December milling wheat BL2Z5 on Euronext was up 0.5% at 189.75 euros ($222.69) per metric ton by 15...Reuters
2 hours ago
EU sticks to 2028 Russian gas exit after talks with US energy chief
By Kate Abnett, Charlotte Van Campenhout and Julia Payne BRUSSELS, Sept 11 (Reuters) - The EU is sticking to its deadline to phase out Russian oil and gas imports by 2028, EU Energy Commissioner Dan Jorgensen said on Thursday after a meeting with U.S. Energy Secretary Chris Wright.The EU is negot...Reuters
2 hours ago
US natgas prices ease to 2-week low on big storage build, lower LNG export flows
EIA reports 71 bcf weekly gas storage build, close to analyst forecastsWaha Hub prices plummet due to pipeline constraints in Permian basinAccuWeather forecasts fewer Atlantic storms this seasonBy Scott DiSavinoSept 11 (Reuters) - U.S. natural gas futures eased about 1% to a two-week low on Thursday...Reuters
2 hours ago
Northwest US natgas prices reach historic lows in 2025, EIA says
Sept 11 (Reuters) - Monthly average natural gas spot prices in the Northwestern U.S. have hit record lows this year, driven by increased Canadian gas supply and muted regional demand for natural gas-fired power, the Energy Information Administration said on Thursday.Daily spot prices at the Northwes...Reuters
2 hours ago
Glenfarne, South Korea's POSCO International sign 20-year LNG supply deal
Sept 11 (Reuters) - Glenfarne's Alaska LNG unit said on Thursday it had signed a preliminary agreement to supply 1 million tonnes per annum (mtpa) of LNG to South Korean trading firm POSCO International 047050.KS for 20 years from its planned export project.Global demand for liquified natural ga...Reuters
2 hours ago
ARA gasoline stocks up 2.5%
LONDON, Sept 11 (Reuters) - Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 2.5%, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks stood at 1.18 million metric tons the data showed.Naphtha inventories rose ove...Reuters
2 hours ago
US Cash Grains-Corn basis bids mixed in Midwest
CHICAGO, Sept 11 (Reuters) - Spot basis bids for corn were mixed in the U.S. Midwest on Thursday, dealers said, after some farmers have recently been delivering old-crop supplies to grain elevators.The corn basis rose by 4 cents a bushel at an elevator in Cincinnati, Ohio, and by 8 cents at a river ...Reuters
3 hours ago
SOFTS-Arabica coffee slips from four-month highs while cocoa gains
LONDON, Sept 11 (Reuters) - Arabica coffee futures on ICE slipped on Thursday, with the market consolidating after hitting four-month highs this week, while cocoa headed higher. COFFEE* Arabica coffee KCc2 edged down 0.1% to $3.8670 per lb at 1341 GMT, having hit its highest since early May at $...Reuters
3 hours ago
US CPC sees 71% chance of La Niña during Oct-Dec
Sept 11 (Reuters) - A transition from El Nino-Southern Oscillation (ENSO) neutral to La Niña is likely in the next couple of months, with a 71% chance of La Niña during October to December, the U.S. Climate Prediction Center said on Thursday. "Thereafter, La Niña is favored but chances decrease ...Reuters
3 hours ago
