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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, others prefer waiting for New York case resolut...Reuters
8 minutes ago
US Cash Grains-Corn, soybean basis bids mostly flat to higher
Sept 15 (Reuters) - Basis bids for corn and soybeans were mostly steady to higher at processors and ethanol plants in a spot check of locations around the U.S. Midwest on Monday. The soybean basis rose at a processor in Council Bluffs, Iowa.The corn basis rose at a processor in Cedar Rapids, Iowa a...Reuters
13 minutes ago
CBOT soybeans end lower on US harvest pressure, worries about China demand
CHICAGO, Sept 15 (Reuters) - Chicago Board of Trade soybean futures ended lower on Monday, retreating from a two-week high on seasonal harvest pressure and worries about export demand from top global buyer China, traders said.U.S. and Chinese officials met in Spain and reached a potential deal on th...Reuters
28 minutes ago
CBOT corn ends lower as harvest of bumper US crop advances
CHICAGO, Sept 15 (Reuters) - Chicago Board of Trade corn futures closed lower on Monday, retreating from Friday's 2% rally as market players returned their focus to projections for a record-large U.S. harvest, traders said.CBOT December corn CZ25 settled down 6-3/4 cents at $4.23-1/4 per bushel ...Reuters
30 minutes ago
Oil settles higher as investors assess attacks on Russian energy facilities
Ukraine attacks more Russian energy facilities over weekendTrump presses NATO nations to halt Russian oil purchasesUS Federal Reserve interest rate decision in focusBy Georgina McCartney HOUSTON, Sept 15 (Reuters) - Oil prices settled higher Monday as investors assessed the impact of Ukrainian dr...Reuters
35 minutes ago
California lawmakers pass bill to boost oil production
SB 237 aims to reduce fuel prices by boosting local oil productionOil-rich Kern County to receive up to 2,000 drilling permits annuallyCalifornia targets 25% in-state crude supply to refineriesBy Nicole Jao NEW YORK, Sept 15 (Reuters) - California lawmakers passed a bill over the weekend that wou...Reuters
38 minutes ago
US natgas futures gain 4% on warm forecasts, spot prices in Texas turn negative
Waha Hub prices turn negative due to pipeline maintenanceLSEG reports slight drop in US gas output for SeptemberWarmer weather expected to increase gas demand for power generationBy Scott DiSavino Sept 15 (Reuters) - U.S. natural gas futures climbed about 4% on Monday on lower output so far this ...Reuters
43 minutes ago
GRAINS-Corn sags as harvest of a bumper US crop advances; soybeans retreat
By Julie Ingwersen CHICAGO, Sept 15 (Reuters) - Chicago Board of Trade corn futures fell on Monday, retreating from a two-month high set on Friday, as market players mulled projections for a record-large U.S. harvest of the grain, analysts said. Soybean futures turned down as worries resu...Reuters
44 minutes ago
Bessent says US won't hit China with tariffs over Russian oil unless Europe goes first
Europe needs to 'do their share' to cut off Russian oil revenues, Bessent saysBessent criticizes European countries for buying Russian oil, Indian refined productsUS to consider new Russian sanctions, uses for Russian assets, Bessent saysBy David Lawder MADRID, Sept 15 (Reuters) - U.S. Tr...Reuters
44 minutes ago
US judge denies Blue Water's request to extend Citgo parent's sale hearing
By Marianna Parraga HOUSTON, Sept 15 (Reuters) - A request from special purpose acquisition company Blue Water Acquisition Corp BLUW.O to extend a final sale hearing in the U.S. court-ordered auction of Citgo Petroleum's parent was denied by a Delaware judge on Monday.Blue Water last week sub...Reuters
an hour ago
Woodside Energy expects demand for LNG to grow 50% over next decade
Woodside bullish on LNG demand despite TotalEnergies' market glut warningLouisiana LNG facility is largest foreign investment in state's historyExports to target Europe and Asia, starting in 2029By Arathy Somasekhar and Curtis Williams HOUSTON, Sept 15 - Woodside Energy WDS.AX expects glo...Reuters
an hour ago
Unions back off threat to launch strike against New York rail agency
Sept 15 (Reuters) - The Metropolitan Transportation Authority said on Monday that unions had backed off a threat to launch a strike later this week at the Long Island Rail Road that serves nearly 300,000 passengers and commuters daily.A group of unions said at a press conference they had asked Presi...Reuters
2 hours ago
PRECIOUS-Gold hits record high as dollar, yields ease; spotlight on Fed meeting
US Fed two-day policy meeting begins on TuesdayFed seen cutting rates for first time since DecemberUS dollar at a one-week lowBy Sherin Elizabeth Varghese and Anushree Mukherjee Sept 15 (Reuters) - Gold rose to an all-time high on Monday, underpinned by a softer dollar and lower Treasury yields, ...Reuters
2 hours ago
ASPI Extends Deadline For Fulfilment Of Outstanding Conditions For Renergen Offer
Sept 15 (Reuters) - Renergen RENJ.J: JSE: REN - ISO - OFFER FOR RENERGEN BY ASPI - PROACTIVE EXTENSION OF FULFILMENT OF OUTSTANDING OFFER CONDITIONSRENERGEN - ASPI EXTENDS DEADLINE DEADLINE FOR FULFILMENT OF OUTSTANDING CONDITIONS TO 28 NOVReuters
3 hours ago
USDA considering economic aid for farmers this fall, says secretary
By Leah Douglas WASHINGTON, Sept 15 (Reuters) - The U.S. Department of Agriculture is working with Congress to evaluate whether economic aid might be needed for the nation's farmers this autumn amid trade disputes and record-high yields, Agriculture Secretary Brooke Rollins said on Monday.U.S...Reuters
3 hours ago
Europe Gasoline/Naphtha-Gasoline profit margins edge lower
LONDON, Sept 15 (Reuters) - Northwest European gasoline profit margins fell by about 35 cents on Monday to $19.57, but the market remained supported by refinery outages. A total of 8,000 metric tons of Eurobob E5 barges were traded, with Gunvor and Sahara selling to ExxonMobil, BP and Trafigura.An ...Reuters
3 hours ago
Woodside Energy expects demand for LNG to grow 50% over next decade
By Arathy SomasekharHOUSTON, Sept 15 - Woodside Energy WDS.AX CEO Meg O’Neill expects demand for LNG to grow 50% over the next decade.O’Neill spoke on Monday at a groundbreaking ceremony for its Louisiana LNG export facility in Calcasieu Parish, Louisiana.Reuters
3 hours ago
Tyson Foods to stop using corn syrup in products in US by end of 2025
By Neil J Kanatt Sept 15 (Reuters) - Tyson Foods said on Monday it will stop using certain ingredients, like high-fructose corn syrup, in its products by the end of 2025 in the U.S.Food companies are seeking alternative ingredients in response to Health Secretary Robert F. Kennedy Jr.'s "...Reuters
3 hours ago
US agency tenders to buy bismuth for defense stockpiles
LONDON, Sept 15 (Reuters) - The U.S. Defense Logistics Agency is planning to buy more than five million pounds of bismuth metal over the next five years to secure supplies of the material last held in the national stockpile nearly three decades ago.Bismuth metal has numerous applications in metallur...Reuters
3 hours ago
METALS-Copper jumps to 15-month peak on soft dollar and China deal
By Eric Onstad LONDON, Sept 15 (Reuters) - Copper prices climbed to their highest in 15 months on Monday after a drop in the dollar and a deal between the U.S. and China on TikTok spurred buying by speculators who brushed off downbeat data from China.Benchmark three-month copper CMCU3 on the Lond...Reuters
3 hours ago
