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Oil holds steady as investors assess attacks on Russian energy facilities
Ukraine attacks more Russian energy facilities over the weekendTrump presses NATO nations to halt Russian oil purchasesUS Federal Reserve interest rate decision in focusBy Enes Tunagur LONDON, Sept 15 (Reuters) - Oil prices were little changed on Monday as investors assessed the impact of Ukraini...Reuters
18 minutes ago
GRAINS-Soybeans fall on absent China demand; corn down on record crop
By Michael Hogan BEIJING, Sept 15 (Reuters) - Chicago soybeans fell on Monday, as lacking demand from China for U.S. supplies pressured, with traders watching for signs of progress as U.S.-China trade talks resumed in Madrid.Corn fell on forecasts of a record large U.S. harvest, wheat firmed ahea...Reuters
29 minutes ago
SOFTS-Arabica coffee hits 4-1/2 month high, cocoa also up
LONDON, Sept 15 (Reuters) - Arabica coffee futures on ICE rose to a 4-1/2 month high on Monday, boosted by tight supply in the U.S., while cocoa prices also climbed.COFFEE* Arabica coffee KCc2 was up 0.9% at $3.9995 per lb by 1108 GMT after setting a 4-1/2 month high of $4.0160.* Dealers said the ma...Reuters
47 minutes ago
Underwater sonar tech firm Coda Octopus' Q3 revenue up 29%
OverviewCoda Octopus fiscal Q3 revenue grows 29% yr/yrCompany's Marine Technology Business revenue rises 30.7%, Marine Engineering declinesGross margin falls to 68.3% from 73.9% due to business mix changesOutlookCompany expects DAVD sales of $3.5 mln-$4.0 mln for fiscal year 2025Coda Octopus ant...Reuters
57 minutes ago
PRECIOUS-Gold pauses for breath as investors seek Fed guidance
U.S. Fed two-day policy meeting begins on TuesdayFed seen cutting rates for first time since DecemberDoubts over Fed chair Powell's tone at FOMC meet - analystBy Ishaan Arora Sept 15 (Reuters) - Gold was flat on Monday as investors refrained from placing big bets ahead of the U.S. Federal Res...Reuters
58 minutes ago
Alaska Air estimates third-quarter profit at low end of forecast on fuel costs
Sept 15 - Alaska Air ALK.N expects its quarterly profit to be at the low end of its previous forecast, as high fuel costs and operational challenges weigh on margins, the U.S. carrier said on Monday.Refinery outages on the U.S. West Coast have tightened fuel supplies and lifted prices. Alaska now ex...Reuters
an hour ago
India, US to hold trade talks in New Delhi on Tuesday, negotiator says
By Manoj Kumar NEW DELHI, Sept 15 (Reuters) - India and the United States will hold trade talks in New Delhi on Tuesday, weeks after President Donald Trump imposed punitive tariffs on the South Asian nation's exports, slowing its overall shipments to a nine-month low in August.India and the U...Reuters
an hour ago
RPT-COLUMN-BP's Brazil oil discovery signals receding fears of stranded assets: Bousso
BP Bumerangue discovery in Brazil could hold over 2 billion barrels of oil reservesDiscovery comes as oil majors revive focus on explorationConcerns over long-term oil demand subsideBy Ron Bousso LONDON, Sept 15 (Reuters) - BP's recent discovery of a giant oilfield offshore Brazil has reignit...Reuters
an hour ago
METALS-Copper caught between weak Chinese data, hopes for stimulus
By Eric Onstad LONDON, Sept 15 (Reuters) - Copper prices hesitated above $10,000 a metric ton on Monday, balancing downbeat data from top metals consumer China with hopes for stimulus measures and U.S. interest rate cuts.Benchmark three-month copper CMCU3 on the London Metal Exchange edged up 0.1...Reuters
2 hours ago
Iran's uranium-enrichment programme must be dismantled, US's Wright says
VIENNA, Sept 15 (Reuters) - Iran's uranium-enrichment programme must be "completely dismantled", U.S. Energy Secretary Chris Wright said in a speech at the U.N. nuclear watchdog's annual General Conference on Monday."If it wasn't already clear enough, I will restate the Unite...Reuters
2 hours ago
Standard Chartered Delivers $15.1 Bln Financing For Venture Global’S Phase 1 Of CP2 LNG Project
Sept 15 (Reuters) - 2888.HK 2888.HK:STANDARD CHARTERED DELIVERS LANDMARK USD15.1 BILLION FINANCING FOR VENTURE GLOBAL’S PHASE 1 OF CP2 LNG PROJECTDELIVERS LANDMARK USD15.1 BILLION FINANCING FOR VENTURE GLOBAL'S PHASE 1 OF CP2 LNG PROJECTCP2 LNG PROJECT IS EXPECTED TO ACHIEVE A PEAK PRODUCTION CA...Reuters
2 hours ago
TotalEnergies launches final phase of $27 billion Iraq energy project
Ratawi oil field to reach 210,000 barrels/day in 2028Treated seawater to be used to maintain pressure in oil wellsAssociated gas will be processed to supply domestic electricityPart of larger oil, gas and renewables deal signed in 2023By America Hernandez CAIRO/PARIS, Sept 15 (Reuters) - French o...Reuters
2 hours ago
Q&A-Is Venezuela about to lose Citgo, its most prized foreign asset?
By Marianna Parraga HOUSTON, Sept 15 (Reuters) - A U.S. court on Monday begins the final sale hearing of an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum to pay creditors, following heavy competition for the seventh largest U.S. refiner. A court officer overseeing ...Reuters
2 hours ago
PREVIEW-Citgo parent auction nears final stages as sale hearing kicks off
Delaware judge to select final winner after four-day hearingHearing could extend to October if more evidence is needed15 creditors seek up to $19 billion from auction proceedsAmber's bid includes $2.1 billion cash for PDVSA bondholdersGold Reserve and others prefer waiting for New York case reso...Reuters
2 hours ago
Offshore wind group Orsted sets deep discount for share issue to fund US projects
Orsted faces financial challenges amid Trump's anti-wind policiesOrsted plans to issue 901 million new sharesIssue price of DKK 66.6 vs Friday's close of DKK 200.3Right to sell subscription rights limits share price fallBy Stine Jacobsen COPENHAGEN, Sept 15 (Reuters) - Danish offshore win...Reuters
2 hours ago
Indonesia aiming to increase state ownership of Freeport Indonesia by more than 10%, minister says
JAKARTA, Sept 15 (Reuters) - The Indonesian government is aiming to increase the state share of the copper and gold miner PT Freeport Indonesia by more than 10%, the country's mining minister Bahlil Lahadalia said on Monday.Indonesia has flagged its interest in gaining more control over Freeport...Reuters
3 hours ago
METALS-Copper firms on US rate cut bets, supply worries
BEIJING, Sept 15 (Reuters) - Copper prices firmed on Monday, supported by expectations of a U.S. Federal Reserve interest rate cut this week and lingering supply worries, while caution over resumed trade talks between the United States and China curbed gains.The most-traded copper contract on the Sh...Reuters
3 hours ago
