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US Cash Crude-Grades steady as OPEC points to a smaller 2026 oil supply deficit
Oct 13 (Reuters) - Grades eased slightly on Monday, dealers said, as OPEC pointed to a smaller 2026 oil supply deficit even as the group and its allies pump more.WTI Midland eased 5 cents, while WTI at East Houston, also known as MEH, lowered 10 cents. World oil supply is expected to closely match d...Reuters
9 minutes ago
Rio Tinto's third-quarter iron ore shipments rise 6% sequentially
Oct 14 (Reuters) - Rio Tinto RIO.AX, RIO.L reported a 6% sequential rise in third-quarter iron ore shipments on Tuesday, despite planned major maintenance activities and infrastructure works which will continue in the fourth quarter.The world's biggest iron ore producer shipped 84.3 million tonn...Reuters
16 minutes ago
Rio Tinto's third-quarter iron ore shipments rise 6% sequentially
Oct 14 (Reuters) - Rio Tinto RIO.AX, RIO.L reported a 6% sequential rise in third-quarter iron ore shipments on Tuesday, despite planned major maintenance activities and infrastructure works which will continue in the fourth quarter. The world's biggest iron ore producer shipped 84.3 million ton...Reuters
24 minutes ago
Venezuela announces closure of Norway, Australia embassies
Maduro government says closures part of strategic resource reallocationNorway regrets closure of embassy in Oslo, aims to maintain dialogue with VenezuelaOslo embassy closure announced days after Venezuelan opposition activist wins Nobel Peace PrizeVenezuela to open new embassies in Burkina Faso, Zi...Reuters
an hour ago
CBOT wheat hits lifetime lows on ample global supply
CHICAGO, Oct 13 (Reuters) - Chicago Board of Trade wheat futures sank to contract lows on Monday on large global supplies, global harvest pressure and a lack of weather problems in wheat-producing countries.CBOT December soft red winter wheat WZ25 settled 1-3/4 cents lower at $4.96-3/4 per bushel.K....Reuters
2 hours ago
CIF/FOB Gulf Grain-Soybean basis eases amid lack of Chinese buying
CHICAGO, Oct 13 (Reuters) - Basis bids slipped for soybeans shipped by barge to U.S. Gulf Coast terminals on Monday amid a lack of interest from top importer China, traders said.U.S. President Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October as the two s...Reuters
2 hours ago
Oil settles higher as US, China try to de-escalate trade tensions
Brent and WTI rebound from 5-month lowsTrump and Xi on track to meet in late October, US Treasury Secretary saysChina September crude imports rise 3.9% on yearHamas releases last living Israeli hostages in GazaBy Shariq Khan NEW YORK, Oct 13 (Reuters) - Oil prices rose on Monday after assurances ...Reuters
2 hours ago
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
2 hours ago
US Cash Grains-Soy basis steady-firmer at crushing sites
CHICAGO, Oct 13 (Reuters) - Basis bids for soybeans firmed at several crushing plants in the U.S. Midwest on Monday as the soy harvest wound down while corn bids were mostly steady with a few mixed changes, spot checks showed.The basis firmed by 10 cents at a Lafayette, Indiana, crushing facility an...Reuters
2 hours ago
CBOT soybeans firm on hopes for trade deal
CHICAGO, Oct 13 (Reuters) - Chicago Board of Trade soybean futures steadied on Monday as comments from U.S. President Donald Trump and Treasury Secretary Scott Bessent calmed markets after trade tensions between the U.S. and China had triggered a sharp decline in the previous session, analysts said....Reuters
2 hours ago
CBOT corn ticks lower on harvest pressure
CHICAGO, Oct 13 (Reuters) - Chicago Board of Trade corn futures fell on Monday on pressure from an ongoing U.S. Midwest corn harvest and selling pressure. CBOT December corn CZ25 settled 2-1/4 cents lower to $4.10-3/4 per bushel. The U.S. corn harvest is advancing but traders will not receive their ...Reuters
3 hours ago
US natgas prices hold near two-week low as mild weather curbs demand
March-April futures spread hits record low, indicating supply confidenceCove Point LNG export plant back in serviceWaha Hub prices fall below zero again due to pipeline maintenanceLNG export feedgas on track to hit monthly record highGas storage levels 4% above normal for this time of yearBy Scott D...Reuters
3 hours 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 $52.12/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
4 hours ago
Heavy rains flood Mexico towns, leave nearly 130 dead or missing
Hot-cold air fronts brought unexpectedly strong rainfallEmergency response was focused on tropical storms in PacificMany terrains, rivers already soaked by months of rainy seasonOver 100,00 homes affected, power knocked out across 5 states MEXICO CITY, Oct 13 (Reuters) - Torrential rains that las...Reuters
4 hours ago
Zelenskiy to meet Trump on Friday to talk air defence, new weapons
By Yuliia Dysa, Steve Holland and Gram Slattery KYIV/WASHINGTON, Oct 13 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Monday that he would meet U.S. President Donald Trump in Washington on Friday, where the two would discuss Ukraine's air defence and long-range strike capabiliti...Reuters
5 hours ago
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
5 hours 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
5 hours 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
5 hours 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
5 hours ago
