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Venezuela appoints new supply and trade chief at oil company PDVSA
CARACAS, Sept 17 (Reuters) - Venezuela's President Nicolas Maduro has appointed a new supply and trade vice president at state oil company PDVSA, according to a decree published in the country's official gazette, seen by Reuters on Wednesday.Anabel Pereira, who also serves at the country'...Reuters
10 minutes ago
PRECIOUS-Gold eases after scaling record peak, Fed rate verdict looms
Spot gold scaled record high of $3,702.95/oz on TuesdaySilver, platinum and palladium each slip over 1% Fed meeting concludes at 2:00 PM EDTBy Ashitha Shivaprasad and Anushree Mukherjee Sept 17 (Reuters) - Gold slipped on Wednesday as investors locked in profits after prices scaled the $3,700-mar...Reuters
19 minutes ago
Democratic lawmakers urge Trump to drop plan to kill vehicle emission limits
By David Shepardson WASHINGTON, Sept 17 (Reuters) - More than 100 Democratic lawmakers in the U.S. House of Representatives on Wednesday urged the Trump administration to abandon plans to repeal vehicle emission rules.In a letter seen by Reuters, 102 lawmakers led by Representative Doris Matsui c...Reuters
28 minutes ago
US crude oil net imports falls to record low last week, EIA says
NEW YORK, Sept 17 (Reuters) - U.S. net imports of crude oil fell 3.1 million barrels per day to 415,000 bpd last week, the lowest in records going back to 2001, as exports rose to a near two-year high, data from the Energy Information Administration showed on Wednesday.Crude oil exports rose 2.5 mil...Reuters
30 minutes ago
UK's Public & Commercial Services Union Announces A Week Of Strike Action By Ofgem Workers
Sept 17 (Reuters) - UK's Public And Commercial Services Union:UK'S PUBLIC AND COMMERCIAL SERVICES UNION: WORKERS AT OFGEM HAVE ESCALATED THEIR DISPUTE BY ANNOUNCING A WEEK OF STRIKE ACTIONUK'S PUBLIC AND COMMERCIAL SERVICES UNION: PCS MEMBERS BASED IN OFGEM'S LONDON, GLASGOW AND CARD...Reuters
37 minutes ago
SOFTS-Arabica coffee prices fall sharply, sugar also down
LONDON, Sept 17 (Reuters) - Arabica coffee futures on ICE fell sharply on Wednesday, retreating from the prior session's near seven-month high, while sugar prices were also lower.COFFEE* Arabica coffee KCc2 was down 4.7% at $3.9045 per lb by 1417 GMT, retreating from a near seven-month high of $...Reuters
an hour ago
Democratic lawmakers urge Trump to drop plan to kill vehicle emission limits
WASHINGTON, Sept 17 (Reuters) - More than 100 Democratic lawmakers in the U.S. House of Representatives on Wednesday urged the Trump administration to abandon plans to repeal vehicle emission rules.In a letter seen by Reuters, 102 lawmakers led by Representative Doris Matsui called on the Environmen...Reuters
2 hours ago
US natgas prices gain 2% to 8-week high as demand rises
Warm weather forecast unlikely to boost gas demand significantlyWaha Hub prices fall into negative territory again due to pipeline maintenanceTropical Depression Seven may become hurricane, unlikely to hit U.S.By Scott DiSavino Sept 17 (Reuters) - U.S. natural gas futures climbed about 2% to an e...Reuters
2 hours ago
CBOT Trends-Wheat steady-up 1 cent, corn steady-up 1, soybeans up 1-2
CHICAGO, Sept 17 (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 Wednesday. WHEAT - Steady to up 1 cent per bushelCBOT wheat futures ticked up slightly, underpinned by strong exp...Reuters
2 hours ago
Oil edges down as investors assess Russia supply risks
Concerns over potential Russian supply disruption support pricesMarkets eye Fed meeting for clues on economyUS crude stockpiles fell last week, industry data showsBy Seher Dareen LONDON, Sept 17 (Reuters) - Oil prices eased on Wednesday, after rising more than 1% in the previous session, as inves...Reuters
2 hours ago
BofA Lowers Natural Gas Price Forecast For Fourth Quarter 2025 to $3/MMBTU
Sept 17 (Reuters) - BANK OF AMERICA: LOWERS ITS 4Q 2025 NATURAL GAS FORECAST TO $3/MMBTU ON HIGH SALT STOCKS, WITH POSSIBLY EVEN LOWER PRICES SHOULD TROPICAL ACTIVITY DISRUPT GULF COAST GAS DEMANDMAINTAINS ITS 2026 PRICE FORECAST FOR NOW AT $4/MMBTU ON ROBUST LNG DEMAND, BUT EARLY WINTER GAS PRODUCT...Reuters
2 hours ago
FACTBOX-How Germany is building up LNG import terminals
FRANKFURT, Sept 17 (Reuters) - Germany is putting into operation natural gas import terminals as part of efforts to replace piped Russian gas following Moscow's invasion of Ukraine in 2022.Its first move has been to deploy floating storage regasification units (FSRUs) to receive seaborne LNG, wh...Reuters
3 hours ago
METALS-Copper hits one-week low ahead of the US Fed rates decision
By Polina Devitt LONDON, Sept 17 (Reuters) - Copper prices hit a one-week low on Wednesday as traders trimmed positions ahead of a decision on U.S. interest rates from the U.S. Federal Reserve, while demand from top metals consumer China was muted by the recent copper rally.Benchmark three-month ...Reuters
3 hours ago
SOFTS-Arabica coffee prices fall sharply, sugar also down
LONDON, Sept 17 (Reuters) - Arabica coffee futures on ICE fell sharply on Wednesday, retreating from the prior session's near seven-month high, while sugar prices were also lower.COFFEE* Arabica coffee KCc2 was down 4.1% at $3.9245 per lb by 1222 GMT, retreating from a near seven-month high of $...Reuters
3 hours ago
1PointFive And NYK Announce Carbon Removal Agreement
Sept 17 (Reuters) - Occidental Petroleum Corp OXY.N:1POINTFIVE AND NYK ANNOUNCE CARBON REMOVAL AGREEMENT1POINTFIVE: CDR CREDITS FOR NYK TO BE PRODUCED FROM STRATOS, 1POINTFIVE’S FIRST DAC FACILITY IN TEXAS THAT IS ON TRACK TO START-UP THIS YEARReuters
3 hours ago
PRECIOUS-Gold prices retreat from record high ahead of Fed rate verdict
Gold hit all-time high of $3,702.95/oz on TuesdayUS Federal Reserve statement due at 1400 GMT todayRecord gold prices in India fail to unlock scrap supplyBy Ishaan Arora Sept 17 (Reuters) - Gold prices retreated on Wednesday from a record-high level touched in the previous session, as investors l...Reuters
3 hours ago
CORRECTED-US approves $130 million project to build power line in Moldova
CHISINAU, Sept 17 (Reuters) - The U.S. has approved a $130 million project to construct a high voltage transmission line to ensure a reliable electricity supply to Moldova from European markets, the U.S. embassy in Moldova said on Wednesday.For years, Moldova depended on electricity produced in the...Reuters
4 hours ago
Canada's Ivanhoe Mines secures $500 million investment from Qatar wealth fund
Sept 17 (Reuters) - Canadian mining company Ivanhoe Mines IVN.TO said on Wednesday it will raise $500 million from Qatar Investment Authority (QIA) in a private placement, giving the sovereign wealth fund a 4% stake.QIA will buy 57.5 million Ivanhoe shares at C$12 apiece, below the stock's closi...Reuters
4 hours ago
Poland urges EU to end Russian oil imports by 2026, citing geopolitical risks
EU's von der Leyen plans faster phase-out of Russian energyEU had planned to phase out Russian oil and gas by Jan. 1 2028Poland urges fellow EU members to move quickly WARSAW, Sept 17 (Reuters) - Poland has urged European Union member states that are still buying Russian energy to end those i...Reuters
4 hours ago
