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Mexico's Dos Bocas refinery offline due to power outage, sources say
By Shariq KhanAug 27 - Mexico's 340,000-barrel-per-day Dos Bocas refinery has been offline since Monday due to a power outage at the plant, two sources familiar with the matter told Reuters.The refinery, also called the Olmeca refinery, will attempt to restart units on Thursday, one of the sourc...Reuters
9 minutes ago
CBOT wheat lower on favorable weather
CHICAGO, Aug 27 (Reuters) - Chicago Board of Trade wheat futures fell on favorable weather in U.S. growing areas, large global supply and a strong dollar, according to analysts. The dollar rose against major currencies on Wednesday, rebounding from yesterday's pullback as investors turned their ...Reuters
17 minutes ago
Deals of the day-Mergers and acquisitions
August 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Wednesday:** Italy's MediaForEurope (MFE) MFEB.MI is set to take control of ProSiebenSat.1 PSMGn.DE after Czech investment group PPF said it would sell its stake in the German broadcaster t...Reuters
19 minutes ago
US tariffs on Brazil will reshape global beef trade flows, analysts say
By Roberto Samora and Kylie Madry SAO PAULO, Aug 27 (Reuters) - Higher U.S. tariffs on Brazil are expected to reshape global beef trade flows, sparking increased shipments to the U.S. from countries like Mexico and Australia while Brazil seeks alternative markets, analysts said on Wednesday.Brazi...Reuters
33 minutes ago
Oil edges up on US crude stocks drop, impact of US tariffs on India
US crude stocks down by 2.4 million barrels: EIATrump's hefty India tariffs take effect US envoy to meet Ukrainian representatives in New YorkRussia plans higher August crude exportsBy Arathy Somasekhar HOUSTON, Aug 27 (Reuters) - Oil prices settled higher on Wednesday after data showed a...Reuters
33 minutes ago
US natgas rises over 5% on bargain buying, strong LNG export flows
September contract expires today after hitting 10-month low on MondayEIA storage data due ThursdayBy Sherin Elizabeth Varghese Aug 27 (Reuters) - U.S. natural gas futures rose over 5% on Wednesday after a sharp decline earlier this week, buoyed by bargain buying and strong LNG export flows.Front-...Reuters
36 minutes ago
ICE canola futures mixed before StatsCan report
WINNIPEG, Manitoba, Aug 27 (Reuters) - ICE canola futures rose and fell but ended slightly lower as traders prepared for Thursday's Statistics Canada crop production report.• November canola RSX5 settled down $4.10 at $650.70 per metric ton. January RSF6 fell $3.80 to $663.10. The Wednesday sess...Reuters
50 minutes ago
Mexico's Dos Bocas refinery offline due to power outage, sources say
Aug 27 - Mexico's 340,000 barrel-per-day Dos Bocas refinery has been offline since Monday due to a power outage at the plant, two sources familiar with the matter told Reuters.The refinery will attempt to restart units on Thursday, one of the sources said.Reuters
50 minutes ago
Tennessee Gas Pipeline Declares Force Majeure At Station 119, West Virgina
Aug 27 (Reuters) - KINDER MORGAN'S KMI.N TENNESSEE GAS PIPELINE: DECLARES FORCE MAJEURE AT STATION 119 NEAR ROCKY FORK, WEST VIRGINAINVESTIGATING AN ISSUE FOUND AT THE UNIT PERSONNEL ARE CURRENTLY ONSITE AND EVALUATINGRELATED: nAQN2KRR30Reuters
55 minutes ago
GRAINS-Wheat falls on favorable weather in growing regions
Corn prices down on lower demandWheat falls on favorable weatherSoybeans fall on large suppliesBy Renee Hickman CHICAGO, Aug 27 (Reuters) - Chicago wheat futures lost ground on Wednesday, with prices weighed down by large global harvests, favorable weather in growing areas and a strong U.S. dolla...Reuters
57 minutes ago
WTI Crude Oil climbs as EIA inventory draw and weaker Greenback fuel recovery
WTI (West Texas Intermediate) Crude Oil is rebounding on Wednesday after a sharp 2.27% drop in the previous session. At the time of writing, the US benchmark trades near $64.00 per barrel, up 1.2% on the day and recovering from a five-day low of $62.80 hit earlier in European trading hours.
Fxstreet
an hour ago
Brazil steel lobby cuts 2025 outlook for raw steel output
Aug 27 (Reuters) - STEEL LOBBY ACO BRASIL: SEES BRAZIL'S 2025 RAW STEEL OUTPUT FALLING 0.8% FROM 2024 VERSUS 0.6% DECLINE PREVIOUSLY ESTIMATEDSTEEL LOBBY ACO BRASIL: SEES BRAZIL'S 2025 STEEL EXPORTS RISING 1% FROM 2024 VERSUS 2% INCREASE PREVIOUSLY ESTIMATEDSTEEL LOBBY ACO BRASIL: SEES 2025 ...Reuters
an hour ago
KoBold Metals granted seven Congo lithium exploration permits
Aug 27 (Reuters) - KoBold Metals, the mining company backed by U.S. billionaires Jeff Bezos and Bill Gates, has received seven permits to search for lithium and other minerals in the Democratic Republic of Congo, it said on Wednesday.The Central African country signed a deal with KoBold in July, all...Reuters
2 hours ago
Gold holds near $3,400 as Fed bets, politics weigh
Gold price remains steady on Wednesday, even though the Greenback recovered from earlier losses triggered by threats to the Federal Reserve’s (Fed) independence. Nevertheless, Bullion sellers are not out of the woods as pressure from the White House continues. The XAU/USD trades at $3,397, up 0.12%.
Fxstreet
2 hours ago
CORRECTED-Trade estimates for Statistics Canada crop production report
WINNIPEG, Manitoba, Aug 27 (Reuters) - Statistics Canada is scheduled to release model-based estimates of production of principal Canadian field crops as of late July 2025 on Thursday, August 28, at 7:30 a.m. CDT (12:30 p.m. GMT.)The following reflect estimates of six traders and analysts (in millio...Reuters
2 hours ago
KoBold Metals granted seven Congo lithium exploration permits
Aug 27 (Reuters) - KoBold Metals, the mining company backed by U.S. billionaires Jeff Bezos and Bill Gates, had received seven permits to search for lithium and other minerals in Democratic Republic of Congo, it said on Wednesday.The Central African country signed a deal with KoBold in July, allowin...Reuters
2 hours ago
Trump administration to take control of Washington Union Station
By David Shepardson NEW YORK, Aug 27 (Reuters) - The Transportation Department plans to reclaim management of Washington Union Station, one of the country's biggest rail hubs, President Donald Trump's latest move to give the federal government more of a role running what he portrays as a ...Reuters
3 hours ago
Mexico overtakes US as second-largest destination for Brazilian beef in August, Abiec says
By Roberto SamoraSAO PAULO, Aug 27 (Reuters) - Mexico has overtaken the U.S. as the second largest importer of Brazil's beef after the imposition of tariffs by President Donald Trump on August 6 affected shipments from the world's largest exporter, Brazilian beef lobby Abiec said on Wednesda...Reuters
3 hours ago
Europe Gasoline/Naphtha-Gasoline profit margins inch lower
LONDON, Aug 27 (Reuters) - Northwest European gasoline profit margins fell 32 cents to $15.33 a barrel on Wednesday. A total of 13,000 metric tons of Eurobob E5 barges traded in the session, with Gunvor and BP selling to Trafigura, TotalEnergies and Varo. No Eurobob E10 barges traded in the session....Reuters
3 hours ago
