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EPA expected to release plan on Tuesday to deal with exempted biofuel gallons - sources
By Jarrett RenshawSept 16 (Reuters) - The Trump administration is expected to release its proposal on Tuesday addressing the reallocation of biofuel blending obligations that were recently waived for small oil refineries, according to two sources familiar with the plans. This proposal, prepared by t...Reuters
6 minutes 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 China, the world's leading consumer, prompted profit-taking after prices rallied to 15-month highs on the previous day while a lower dollar helped limit losses, traders said.Benchmark copper...Reuters
19 minutes ago
US disburses nearly $156 million in financing for Michigan reactor restart
By Timothy Gardner WASHINGTON, Sept 16 (Reuters) - The U.S. Energy Department said on Tuesday it has disbursed a nearly $156 million installment of a loan guarantee for Holtec International's Michigan nuclear power plant, which the company hopes will be the first U.S. reactor to restart after...Reuters
21 minutes ago
Plains All American's Permian pipelines in Texas facing oil 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 in Texas are facing quality issues related to high mercaptans, or naturally-occurring sulfur compounds, accord...Reuters
35 minutes ago
MOVES-Nextalia hires ex JPM banker to lead new private credit strategy
MILAN, Sept 16 (Reuters) - Italy's Nextalia has hired Enrico Monti, a former senior banker at JPMorgan in London, to lead the private equity firm's new private credit strategy. He will join Nextalia as a partner, an update of Monti's LinkedIn profile showed.Monti had lately been the head...Reuters
40 minutes ago
Natural Gas Pipeline Co Declares Force Majeure On Compressor Station 343 In Liberty County, Texas
Sept 16 (Reuters) - KINDER MORGAN'S KMI.N NATURAL GAS PIPELINE COMPANY:DECLARES FORCE MAJEURE AFTER IT EXPERIENCED AN OUTAGE AT ONE OF ITS COMPRESSOR UNITS AT COMPRESSOR STATION 343 (CS 343) LOCATED IN LIBERTY COUNTY, TEXASSAYS IT IS REQUIRED TO REDUCE THE MAXIMUM OPERATING CAPACITY EASTBOUND IN...Reuters
an hour ago
Germany's VAC aims to expand US magnet output; says Europe lags in rare earths
Aims to open South Carolina magnet plant before year-endPlant to have capacity of just under 2,000 metric tons per yearCEO says looking to build one or two factories in EuropeBy Eric Onstad LONDON, Sept 16 (Reuters) - Germany's Vacuumschmelze (VAC), one of the few rare earth magnet producers ...Reuters
an hour ago
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 lowGold has surged about 41% this yearBy 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 Federal Reserve this week fueled...Reuters
2 hours ago
Oil gains 1% as Ukraine drone attacks target Russian supply
Russia may have to cut output after Ukrainian attacksMarkets eye Fed meeting for clues on economy Analysts expect US crude inventory declines last weekBy Shariq Khan and Ahmad Ghaddar NEW YORK/LONDON, Sept 16 (Reuters) - Oil prices rose over 1% on Tuesday as markets weighed the possibility that R...Reuters
2 hours ago
Chevron, Israeli pipeline operator to kickstart new gas pipeline to Egypt
Nitzana to carry 600 mln cubic feet/day from Leviathan gasfieldPart of bigger effort to increase Israeli gas exports to EgyptNitzana to bring Israel-Egypt exports to 2.2 bln cubic feet/day By Shadia Nasralla and Stephanie Kelly LONDON, Sept 16 (Reuters) - Chevron CVX.N has signed a deal with stat...Reuters
2 hours ago
US disburses nearly $156 million in financing for Michigan reactor restart
WASHINGTON, Sept 16 (Reuters) - The U.S. disbursed nearly $156 million in the latest installment of a loan guarantee for Holtec International's Michigan nuclear power plant, which the company hopes will be the first U.S. reactor to restart after shuttering, a source with knowledge of the matter ...Reuters
2 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
3 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
3 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
4 hours ago
