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EU firms brace for more shutdowns due to China rare earth controls despite summit promise
By Mei Mei Chu BEIJING, Sept 17 (Reuters) - European firms are expecting more shutdowns and suffering losses as Beijing continues to hold a tight grip on rare earth exports despite a July agreement to fast-track shipments to the bloc, the European Union Chamber of Commerce in China said on Tuesda...Reuters
8 minutes ago
CORRECTED-EXCLUSIVE-Japan's JERA in advanced talks to buy $1.7 billion of US shale gas assets, sources say
JERA tops bids for GEP Haynesville II assetsGEP Haynesville II among top producers in Haynesville basinJapan buying more US energy for security, as part of trade dealBy Shariq Khan and David French NEW YORK, Sept 16 (Reuters) - Japan's top power generator JERA is in advanced talks to buy natu...Reuters
11 minutes ago
Australia promises $735 million to develop biofuel industry
CANBERRA, Sept 17 (Reuters) - The Australian government said on Wednesday it would invest A$1.1 billion ($735 million) in the development of a low-carbon fuels industry, a move welcomed by farm groups, who hope it will boost demand for biofuel feedstocks like canola and sugarcane. The money to be re...Reuters
21 minutes ago
LIVESTOCK-Cattle futures end lower in consolidation; cash trade awaited
CHICAGO, Sept 16 (Reuters) - Chicago Mercantile Exchange live cattle futures closed lower on Tuesday, consolidating after Monday's bounce as the market waited for fresh direction from the cash cattle market, analysts said.CME October live cattle futures LCV25 settled down 1.150 cents on Tuesday ...Reuters
39 minutes ago
Gold hits record high of 3,703 ahead of Fed decision
Gold price advances during the North American session after hitting a record high of $3,703 on Tuesday, poised to continue to trend up as traders await the Federal Reserve’s (Fed) monetary policy decision on Wednesday. At the time of writing, XAU/USD trades at $3,689, up 0.27%.
Fxstreet
54 minutes ago
Oil settles over 1% higher 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 NEW YORK, Sept 16 (Reuters) - Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian su
Reuters
55 minutes ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 17 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$69.02/$69.41sup $68.37/$67.86Palm oil (3rd mth)-res 4,468/4,506 ringgitsup 4,405/4,381 ringgitWTI* (1st mth)$65.02/$65.41sup $64.38/$64.02/$63.57Spot gold$3,707/$3,726...Reuters
an hour ago
US Plains HRW Wheat-Cash basis steady as futures rise
CHICAGO, Sept 16 (Reuters) - Basis bids for hard red winter (HRW) wheat were steady to higher in a spot check of grain elevators in the southern U.S. Plains on Tuesday. The dollar fell across the board as investors anticipated the U.S. Federal Reserve will kick off a series of interest rate cuts on ...Reuters
2 hours ago
US Cash Crude-Grades little changed as WTI/Brent spread narrows slightly
Sept 16 (Reuters) - U.S. cash grades were little changed on Tuesday as the spread between West Texas Intermediate and Brent narrowed slightly. WTI Midland rose 5 cents, and WTI at East Houston, also known as MEH, gained 10 cents. Mars was unchanged. The spread between Brent and U.S. WTI crude narro...Reuters
3 hours ago
Tens of thousands protest Dundee's Ecuador mine project near key water reserve
QUITO, Sept 16 (Reuters) - Tens of thousands of residents and local leaders in Ecuador's central Azuay province took to the streets on Tuesday to demand the suspension of a mining project by Canada's Dundee Precious Metals, which they say will affect a vital water reserve.The government of P...Reuters
3 hours ago
Puerto Rico inks $4 billion LNG contract with New Fortress Energy
By Nathan Crooks HOUSTON, Sept 16 (Reuters) - Puerto Rico has negotiated a $4 billion liquefied natural gas contract with New Fortress Energy NFE.O, Governor Jenniffer Gonzalez said on Tuesday in a post on social media. The supply deal, which comes after talks for a much larger contract broke d...Reuters
3 hours ago
CIF/FOB Gulf Grain-Corn basis bids flat-lower as Midwest harvest accelerates
CHICAGO, Sept 16 (Reuters) - Basis bids for corn shipped by barge to U.S. Gulf Coast export terminals were flat to lower on Tuesday on rising supplies from the accelerating Midwest harvest and as freight costs eased from recent highs, traders said.Basis bids for CIF soybean barges were mostly steady...Reuters
3 hours ago
Rail Customer Coalition Sends Letter To Surface Transportation Board Raising Concerns Over Union Pacific–Norfolk Deal
Sept 16 (Reuters) - Norfolk Southern Corp NSC.N:RAIL CUSTOMER COALITION IN LETTER TO SURFACE TRANSPORTATION BOARD: EXPRESSING CONCERNS & RESERVATIONS ABOUT UNION PACIFIC-NORFOLK DEALRCC IN LETTER TO STB: BOARD MUST RIGOROUSLY EVALUATE POTENTIAL IMPACTS OF UNION PACIFIC-NORFOLK DEALRCC IN LETTER ...Reuters
4 hours ago
BWX Technologies secures $1.5 billion contract from US nuclear weapons agency
Sept 16 (Reuters) - BWX Technologies BWXT.N said on Tuesday it had secured a $1.5 billion contract from the U.S. National Nuclear Security Administration to develop domestic uranium enrichment capabilities for defense purposes.The semi-autonomous nuclear agency, part of the Department of Energy, aim...Reuters
4 hours ago
EU to propose faster phase-out of Russian energy, von der Leyen says
Von der Leyen discusses economic pressure on Russia with TrumpEU to propose 19th sanctions package targeting crypto, banks, and energy Sept 16 (Reuters) - The European Commission will propose speeding up the phase-out of Russian fossil imports, the European Union executive's head ...Reuters
4 hours ago
Golf-PGA Tour says drought-hit Kapalua unable to host 2026 season opener
Sept 16 (Reuters) - The PGA Tour's season-opening event will have to find a new home for 2026 as drought conditions on the Hawaiian island of Maui forced organizers to abandon plans to stage the January tournament at Kapalua Resort's Plantation Course.According to the PGA Tour, more than 90%...Reuters
5 hours ago
ICE canola futures rise with vegoils
WINNIPEG, Manitoba, Sept 16 (Reuters) - ICE canola futures rose on Tuesday as vegoil markets raised all boats.• November canola RSX5 settled $8.50 higher at $640.80 per metric ton. January RSF6 settled up $7.90 to $652.70.• Reuters reported Canadian canola meal is being diverted from Chinese termina...Reuters
5 hours ago
Electra Provides Update On Restructuring Terms To Advance Completion Of Cobalt Refinery
Sept 16 (Reuters) - Electra Battery Materials Corp ELBM.V:ELECTRA PROVIDES UPDATE ON RESTRUCTURING TERMS TO ADVANCE COMPLETION OF COBALT REFINERYELECTRA BATTERY MATERIALS CORP - TO CONVERT $41.3 MILLION NOTES INTO 55 MILLION UNITSELECTRA BATTERY MATERIALS CORP - LENDERS TO EXCHANGE 60% DEBT FOR EQUI...Reuters
5 hours ago
GRAINS-Corn, soy, wheat futures rise as dollar sags; US crop yields eyed
By Julie Ingwersen CHICAGO, Sept 16 (Reuters) - Chicago Board of Trade corn futures hit their highest in more than two months on Tuesday, buoyed by a weaker dollar and uncertainty about the size of the U.S. crop, analysts said.Soybeans drew support from optimism about U.S. trade talks with China,...Reuters
5 hours ago
