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US, China to roll out tit-for-tat port fees, threatening more turmoil at sea
BEIJING/LOS ANGELES, Oct 14 (Reuters) - The United States and China on Tuesday will begin charging port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.Reuters
9 minutes ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 14 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$62.37/$61.37res $63.97/$64.97Palm oil (3rd month)4,530/4,558/4,567 ringgitsup 4,503/4,484/4,456 ringgitWTI* (1st month)$59.15/$58.27/$57.66res $59.86/$60.58/$61.46Spo...Reuters
15 minutes ago
Rio Tinto banks on strong Q4 to meet annual iron ore forecast; copper gathers steam
Oct 14 (Reuters) - Rio Tinto RIO.AX on Tuesday reported softer-than-anticipated third-quarter iron ore shipments and warned it would require a vigorous year-end push to attain the lower end of its annual target, even as copper output races to the top of its forecast.Reuters
20 minutes ago
China begins charging port fees for US ships, exempts China-built ones
BEIJING, Oct 14 (Reuters) - China has officially started collecting special port fees from U.S.-owned, operated, built, or flagged vessels on Tuesday but said Chinese-built ships would be exempted from the levies, according to state broadcaster CCTV.The details published by CCTV clarify the specific...Reuters
21 minutes ago
World falling far behind deforestation goals with farms and fires driving loss, report says
World lost 8.1 million hectares of forest in 2024, report saysFires, agriculture major drivers of deforestation, per Forest Declaration AssessmentBrazil's TFFF fund aims to raise $125 billion for forest financeBy Alexander Villegas SANTIAGO, Oct 13 (Reuters) - The world is falling far behind ...Reuters
25 minutes ago
Gold Price Forecast: XAU/USD climbs to fresh record high above $4,100 on US-China trade war fears
Gold price (XAU/USD) jumps to a fresh record high near $4,130 during the early Asian session on Tuesday. The precious metal extends the rally as renewed US-China trade tensions send investors flocking to safe-haven assets.
Fxstreet
35 minutes ago
China begins charging port fees for US ships, exempts China-built ones
BEIJING, Oct 14 (Reuters) - China has officially started collecting special port fees from U.S.-owned, operated, built, or flagged vessels on Tuesday but said Chinese-built ships would be exempted from it, according to state broadcaster CCTV.The details clarify the specific provisions on exemptions ...Reuters
44 minutes ago
US Plains HRW Wheat-Basis flat, farmer grain sales slow
CHICAGO, Oct 13 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged at elevators in the southern U.S. Plains on Monday, but protein premiums firmed for a few grades, reflecting demand from domestic flour mills while farmer selling remained minimal, grain dealers said.Protein premiu...Reuters
an hour ago
LIVESTOCK-Cattle futures close higher on tight supply
By Heather SchlitzCHICAGO, Oct 13 (Reuters) - All Chicago Mercantile Exchange feeder and live cattle futures closed higher on Monday, continuing a bull run as the supply of cattle remained tight. The supply of cattle has lingered at a near 75-year low, with the closure of the U.S.-Mexico border to M...Reuters
2 hours ago
Airlines face price-gouging by green jet fuel sellers, IATA says
By Joanna Plucinska and Tim Hepher LONDON/PARIS, Oct 13 (Reuters) - Fuel suppliers are using European Union green jet fuel mandates to inflate costs for airlines through surcharges, nearly doubling prices compared with market rates, the head of airlines body IATA said in an interview, calling for...Reuters
2 hours ago
DHT says its fleet has no US links after China's new port fee move
Oct 13 (Reuters) - Oil tanker operator DHT Holdings DHT.N said on Monday that its fleet does not fall under the scope of China's new special port fees targeting U.S.-linked vessels.China has imposed fees on U.S. ships that visit its ports, effective October 14, as a countermeasure to U.S. port f...Reuters
3 hours ago
Russian attack on Ukraine's Kharkiv cuts power to 30,000, officials say
Oct 13 (Reuters) - Russian forces attacked Kharkiv, Ukraine's second-largest city, with guided bombs on Monday, knocking out power to 30,000 customers in three districts, local officials said.Regional Governor Oleh Syniehubov, writing on the Telegram messaging app, said Russian forces used guide...Reuters
3 hours ago
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
3 hours 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
3 hours 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
4 hours 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
4 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
4 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
4 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
5 hours ago
