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PRECIOUS-Fed-fueled frenzy sends gold to uncharted territory above $3,700
US Fed two-day policy meeting begins on TuesdayUS dollar at an over two-month lowCommerzbank raises gold price target to $3,600/oz by 2025-endBy Anushree Mukherjee Sept 16 (Reuters) - Gold vaulted past $3,700 an ounce levels for the first time on Tuesday as rising bets on a rate cut by the Federa...Reuters
20 minutes ago
Chevron, Israeli pipeline operator to kickstart new gas pipeline to Egypt
By Shadia Nasralla and Stephanie Kelly LONDON, Sept 16 (Reuters) - Chevron CVX.N signed a deal with Israel's state-owned pipeline operator to kickstart construction of the Nitzana natural gas pipeline to transport gas from the Leviathan gasfield to Egypt, the U.S. company said on Tuesday.Nit...Reuters
27 minutes ago
PRECIOUS-Gold surges through $3,700/oz to hit record high
Sept 16 (Reuters) - Gold breached the mark of $3,700 an ounce for the first time on Tuesday, as mounting expectations of a rate cut by the U.S. Federal Reserve this week buoyed its appeal.Spot gold XAU= gained 0.6% to $3,702.06 per ounce by 1417 GMT, while U.S. gold futures GCcv1 for December delive...Reuters
39 minutes ago
Chevron signs Israeli deal to kickstart new gas pipeline to Egypt
LONDON, Sept 16 (Reuters) - Chevron CVX.N signed a deal with Israel's state-owned pipeline operator to kickstart construction of the Nitzana natural gas pipeline that would transport gas from the Leviathan gasfield to Egypt, the U.S. company said on Tuesday.Reuters
49 minutes ago
Brazil's 2025 Soybean Crushing Seen At 58.5 Million Tons -Abiove
Sept 16 (Reuters) - BRAZIL OILSEED LOBBY ABIOVE: RAISES 2025 SOYBEAN CRUSHING FORECAST TO 58.5 MILLION TNS FROM 58.1 MILLION TNSKEEPS 2025 SOYBEAN EXPORT FORECAST AT 109.5 MILLION TNSRAISES SOYMEAL PRODUCTION FORECAST TO 45.1 MILLION TNS FROM 44.8 MILLION TNSKEEPS SOYMEAL EXPORT FORECAST AT 23.6 MIL...Reuters
59 minutes ago
SOFTS-Arabica coffee turns lower after hitting seven-month high
LONDON, Sept 16 (Reuters) - Arabica coffee futures on ICE turned lower on Tuesday after earlier hitting a seven-month high while cocoa and raw sugar prices also fell.COFFEE* Arabica coffee KCc2 was down 0.8% at $4.1410 per lb by 1345 GMT after setting a seven-month high of $4.24.* Dealers said the r...Reuters
an hour ago
CPS Energy Enters Deal With PROENERGY To Acquire 1,632 MW Power Generation Portfolio In Southeast Texas
Sept 16 (Reuters) - CPS Energy:CPS ENERGY: ENTERS DEAL WITH PROENERGY TO ACQUIRE 1,632 MEGAWATT POWER GENERATION PORTFOLIO IN SOUTHEAST TEXASCPS ENERGY: PROPOSED DEAL FOR FOR $1.387 BILLIONReuters
an hour ago
Oil gains as market weighs Russia supply risk, US rate decision
Russia may have to cut output after Ukrainian attacksMarkets eye Fed meeting for clues on economy Analysts expect US crude inventory declines last weekBy Ahmad Ghaddar LONDON, Sept 16 (Reuters) - Oil prices rose on Tuesday as markets weighed a potential disruption of supplies from Russia due to U...Reuters
2 hours ago
US natgas futures edge up to 1-week high on daily output drop
Waha Hub prices at zero due to pipeline maintenanceLSEG reports drop in daily US gas outputWarm weather forecast unlikely to boost gas demand significantlyBy Scott DiSavino Sept 16 (Reuters) - U.S. natural gas futures edged up about 1% to a one-week high on Tuesday on a drop in daily output.Front...Reuters
2 hours ago
CBOT Trends-Wheat up 3-5 cents, corn up 2-4, soybeans up 6-7
CHICAGO, Sept 16 (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 Tuesday. WHEAT - Up 3 to 5 cents per bushelA weaker dollar tends to make U.S. exports cheaper and therefore more ...Reuters
2 hours ago
Plains All American's Permian pipelines facing quality issues, sources say
By Georgina McCartney, Shariq Khan and Nicole JaoNEW YORK, Sept 16 (Reuters) - Plains All American's crude oil pipelines linking the Permian shale basin to the Corpus Christi export hub are facing quality issues related to high mercaptans, or naturally-occurring sulfur compounds, according to so...Reuters
2 hours ago
Encore Energy's Dewey Burdock Isr Uranium Project EPA Decision Advances Federal Permitting
Sept 16 (Reuters) - enCore Energy Corp EU.O:ENCORE ENERGY'S DEWEY BURDOCK ISR URANIUM PROJECT EPA DECISION ADVANCES FEDERAL PERMITTINGENCORE ENERGY CORP - DEWEY BURDOCK PROJECT TO COMMENCE STATE PERMITTING IN 2025ENCORE ENERGY CORP: EPA HAS DENIED IN FULL A PETITION FOR REVIEW FILED BY OGLALA SI...Reuters
2 hours ago
GRAINS-Chicago prices buoyed by exports, dollar and U.S.-China talks
PARIS/BEIJING, Sept 16 (Reuters) - Chicago wheat, corn and soybean futures rose on Tuesday, supported by brisk U.S. exports, a weaker dollar before an expected U.S. interest rate cut and hopes of progress in U.S.-Chinese trade talks.The most-active wheat contract Wv1 on the Chicago Board of Trade wa...Reuters
2 hours ago
US In Talks To Set Up $5 Billion Fund For Critical Mineral Deals - Bloomberg News
Sept 16 (Reuters) - US IN TALKS TO SET UP $5 BILLION FUND FOR CRITICAL MINERAL DEALS - BLOOMBERG NEWSUS INTERNATIONAL DEVELOPMENT FINANCE IS IN DISCUSSIONS TO ESTABLISH THE FUND AS A JOINT VENTURE WITH ORION RESOURCE PARTNERS- BLOOMBERG NEWSSource text: https://tinyurl.com/5n8yzuhyReuters
2 hours ago
PRECIOUS-Gold dazzles at all-time high as Fed rate cut looms
US Fed two-day policy meeting begins on TuesdayUS dollar at an over two-month lowCommerzbank raises gold price target to $3,600/oz by 2025-endBy Anushree Mukherjee Sept 16 (Reuters) - Gold surged to a record high on Tuesday, buoyed by a weakening U.S. dollar and growing market anticipation ahead ...Reuters
2 hours ago
Decline in global oil and gas field output accelerating, IEA says
Drop comes amid more reliance on shale, deep offshore resourcesInvestment needed to offset supply losses, IEA's Birol saysOPEC says IEA forecasts have discouraged investment By Seher Dareen LONDON, Sept 16 (Reuters) - The decline in output from mature global oil and gas fields is accelerating...Reuters
2 hours ago
Highland Copper gets US EXIM interest for potential $250 million financing
Sept 16 (Reuters) - Highland Copper HI.V said on Tuesday it received a non-binding letter from the U.S. Export-Import Bank (EXIM) for potential $250 million financing to develop its Copperwood project in Michigan.The indication of interest, issued under EXIM’s "Make More in America" initiati...Reuters
2 hours ago
China's Inner Mongolia halts coal mines for exceeding output plans, document shows
By Sam Li and Colleen Howe Sept 16 (Reuters) - Inner Mongolia, China’s largest coal-producing region, has ordered 15 mines to halt production after they were found to have exceeded their approved output plans, a document from the Inner Mongolia Autonomous Region Energy Bureau showed.China launche...Reuters
2 hours ago
METALS-Profit-taking, lack of China interest weigh on copper
By Pratima Desai LONDON, Sept 16 (Reuters) - Copper slipped on Tuesday as a lack of buying interest in leading consumer China prompted profit-taking after prices rallied to 15-month highs the previous day while a lower dollar helped limit losses, traders said.Benchmark copper CMCU3 on the London ...Reuters
3 hours ago
