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India, EU trade talks enter crucial phase, aiming to seal deal by year end
By Manoj Kumar NEW DELHI, Sept 12 (Reuters) - Trade talks between India and the European Union have entered a crucial phase and negotiators are working intensively to meet a year-end deadline for signing the free trade pact, a top European Union Official said on Tuesday. The EU is India’s...Reuters
12 minutes ago
METALS-Copper strides to five-month peak on hopes for US rate cuts
By Eric Onstad LONDON, Sept 12 (Reuters) - Copper prices hit a more-than-five-month high on Friday, lifted by expectations of U.S. interest rate cuts and concerns over potential supply shortages.Three-month copper CMCU3 on the London Metal Exchange gained 0.4% to $10,092 per metric ton by 140...Reuters
23 minutes ago
SOFTS-Arabica coffee hits four-month high, sugar and cocoa ease
LONDON, Sept 12 (Reuters) - Arabica coffee futures on ICE rose to a four-month high on Friday boosted by tight supplies in the U.S. following the imposition of a 50% tariff on shipments from Brazil. COFFEE* Arabica coffee KCc2 rose 2.5% to $3.9570 per lb by 1401 GMT after climbing ...Reuters
42 minutes ago
Canada had constructive talks with China over canola dispute, Ottawa says
OTTAWA, Sept 12 (Reuters) - Canadian officials had constructive talks with their Chinese counterparts about Beijing's duties on canola during a recent visit, Prime Minister Mark Carney's office said in a statement on Friday. China, the world's largest importer of canola, imposed preli...Reuters
53 minutes ago
Exxon, other oil companies defeat climate lawsuit by Puerto Rican towns
By Mike Scarcella Sept 12 (Reuters) - Exxon XOM.N, Shell SHEL.L and several other major energy companies convinced a federal judge to dismiss a lawsuit in Puerto Rico accusing them of misleading the public about climate change and conspiring to suppress clean energy alternatives.U.S. District Jud...Reuters
56 minutes ago
Oil jumps nearly 2% after drones strike Russian terminal
Ukrainian drones strike Russia's largest oil terminal Prices supported by Chinese buying and war risksBrent and WTI benchmarks fell sharply in previous sessionBy Seher Dareen and Alex Lawler Sept 12 (Reuters) - Oil prices rose by nearly 2% on Friday after a Ukrainian drone attack on a Russian...Reuters
an hour ago
EXCLUSIVE-EU could quit Russian gas within a year, US energy chief says
By Kate Abnett and Nora Buli BRUSSELS, Sept 12 (Reuters) - The European Union could phase out Russian gas within six to 12 months by replacing it with U.S. liquefied natural gas, and the United States communicated this position to EU officials this week, U.S. energy secretary Chris Wright told Re...Reuters
an hour ago
Canada had constructive talks with China over canola dispute, Ottawa says
OTTAWA, Sept 12 (Reuters) - Canadian officials had constructive talks with their Chinese counterparts about Beijing's tariffs on canola during a recent visit, Prime Minister Mark Carney's office said in a statement on Friday."The visit paves the way for further constructive engagement wi...Reuters
an hour ago
US natgas prices hold near two-week low as warmer forecasts offset lower LNG export flows
Waha Hub prices plummet due to pipeline constraints in Permian basinLower LNG export flows offset warmer weather demandLSEG reports decrease in US gas outputBy Scott DiSavino Sept 12 (Reuters) - U.S. natural gas futures held near a two-week low on Friday as lower flows to liquefied natural gas ex...Reuters
an hour ago
CBOT Trends-Wheat down 2-3 cents, corn up 1-2 cents, soybeans down 1-2 cents
CHICAGO, Sept 12 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday.NOTE: Traders await monthly supply/demand reports, including updated U.S. crop estimates, due from the U.S. Departm...Reuters
2 hours ago
United Airlines Flight 32 Boeing 737 From Tokyo-Narita To Cebu Diverted Due To Indication Of Potential Fire In Cargo Hold
Sept 12 (Reuters) - United Airlines UAL.O:UNITED AIRLINES: FLIGHT 32 BOEING 737 FROM TOKYO-NARITA TO CEBU DIVERTED DUE TO INDICATION OF POTENTIAL FIRE IN CARGO HOLDUNITED AIRLINES: AIRCRAFT LANDED SAFELY AND PASSENGERS DEPLANED VIA SLIDESUNITED AIRLINES: CUSTOMERS HAVE BEEN BUSED TO THE TERMINALUNIT...Reuters
2 hours ago
COLUMN-Recycling pioneers race to close the rare earths scrap gap: Andy Home
By Andy Home LONDON, Sept 12 (Reuters) - How can the West break its dependency on China for rare earth magnets? The question has taken on new urgency after China restricted exports earlier this year, sending shockwaves through Western manufacturing chains. The race to build domestic mine-to-magne...Reuters
3 hours ago
GRAINS-Soybeans, corn and wheat consolidate as USDA report looms
PARIS/BEIJING, Sept 12 (Reuters) - Chicago soybeans, corn and wheat futures were flat to slightly higher on Friday, consolidating before keenly anticipated U.S. government crop estimates that will give a pointer to the size of upcoming corn and soybean harvests.The most active soybean contract on th...Reuters
3 hours ago
PRESS DIGEST-Canada - September 12
Sept 12 (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** Reducing emissions from Alberta's oil sands, including progress on a massive carbon-capture project, will be ...Reuters
3 hours ago
RPT-BREAKINGVIEWS-Oil boom conceals a green energy jackpot
By Robert Cyran NEW YORK, Sept 11 (Reuters Breakingviews) - The fracking boom has already delivered one titanic surprise, making the United States the world’s largest oil producer in recent years. Long considered an environmental villain, this technology may have one more unexpected twist in stor...Reuters
3 hours ago
Eni CEO, US delegation meet to bolster energy ties
Sept 12 (Reuters) - Eni's ENI.MI Chief Executive Claudio Descalzi met the U.S. energy and interior secretaries on Friday as Washington pushes to seal energy supply deals that it hopes will strengthen its influence in the region while weakening Russia's.In a series of meetings on the sideline...Reuters
3 hours ago
GLOBAL LNG-Asian spot prices rise on geopolitical tensions, slow demand caps gains
By Emily Chow Sept 12 (Reuters) - Asian spot liquefied natural gas (LNG) prices inched up this week, lifted by geopolitical developments around Russian sanctions and tensions in the Middle East, though muted demand and high inventories in the region capped price gains. The average LNG price for ...Reuters
3 hours ago
WRAPUP 2-Poland says Russian drone incursions could not have been a mistake, contradicting Trump
LATEST DEVELOPMENTSNATO chief and top commander to hold press conference EU extends sanctions on individuals over war in Ukraine Extended German air policing takes effect over Poland Russia dismisses concern about military exercise By Barbara Erling and Pawel Florkiewicz WARSAW, Sept 12 (Reuters)...Reuters
3 hours ago
SOFTS-Raw sugar prices ease but remain on track for weekly gain
LONDON, Sept 12 (Reuters) - Raw sugar futures on ICE eased on Friday but were set for a small weekly gain while coffee and cocoa prices edged higher. SUGAR* Raw sugar SBc1 lost 0.6% to 15.72 cents per lb by 1107 GMT, though the market was on track for a weekly gain of 0.1% after two successive w...Reuters
3 hours ago
Ukrainian drone attack suspended loading at Russian oil terminal, source says
KYIV, Sept 12 (Reuters) - A Ukrainian drone attack suspended oil loading operations at Russia's Primorsk port overnight, an official from Ukraine's SBU security service told Reuters on condition of anonymity.The official said that the attack caused fires at the facility, which is a key Russi...Reuters
4 hours ago
