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Oil prices ease on US demand concerns
Fed cut interest rates as expectedUS distillates stocks build stokes demand concernsRussian supply disruption risks persistBy Nicole Jao NEW YORK, Sept 17 (Reuters) - Oil prices eased on Wednesday after data showing an increase in U.S. diesel stockpiles stoked worries about demand and the U.S. Fe...Reuters
11 minutes ago
US natgas prices hold near 1-week high as ample storage offsets rising demand
Waha Hub prices fall into negative territory again due to pipeline maintenanceWarm weather forecast unlikely to boost gas demand significantlyTropical Depression Seven may become hurricane, unlikely to hit USBy Scott DiSavino Sept 17 (Reuters) - U.S. natural gas futures held near a one-week high ...Reuters
12 minutes ago
US Cash Grains-Corn basis bids down at processors, elevators, ethanol plants
Sept 17 (Reuters) - Corn basis bids were steady to lower at processors, elevators and ethanol plants, and mixed at river terminals in a spot check of locations around the U.S. Midwest on Wednesday.The soybean basis fell sharply at a processor in Council Bluffs, Iowa and rose sharply at a river termi...Reuters
18 minutes ago
Trinidad and Tobago receives bids for four out of 26 deepwater oil and gas blocks
By Curtis Williams PORT OF SPAIN, Sept 17 (Reuters) - An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer.The bidding round closed...Reuters
26 minutes ago
PRECIOUS-Gold hits all-time peak as Fed resumes easing cycle
Spot gold scaled record high of $3,707.40/oz Fed sees steady pace of cuts comingSilver, platinum each slip over 1% By Ashitha Shivaprasad and Anjana Anil Sept 17 (Reuters) - Gold prices soared to a record high on Wednesday after the Federal Reserve cut interest rates by 25 basis points and signal...Reuters
33 minutes ago
GRAINS-US grains off highs with Fed in focus, soyoil down 2%
By Julie Ingwersen CHICAGO, Sept 17 (Reuters) - Chicago corn and soybean futures sagged on Wednesday, retreating from multi-week highs on profit-taking and an uptick in the dollar, while a drop in soyoil futures added pressure, analysts said. Wheat futures followed the lower trend, with forec...Reuters
an hour ago
PRECIOUS-Gold scales record high after Fed rate cut
Sept 17 (Reuters) - Gold soared to a record high on Wednesday after the U.S. Federal Reserve cut interest rates by a quarter of a percentage point at its policy meeting.Spot gold XAU= gained 0.4% to $3,707.40 per ounce by 2:09 p.m. EDT, while U.S. gold futures GCcv1 for December delivery settled 0.2...Reuters
an hour ago
SOFTS-Coffee prices fall sharply on long liquidation, sugar also down
NEW YORK, Sept 17 (Reuters) - Coffee futures on ICE fell sharply on Wednesday amid fund selling, with arabica retreating from the prior session's near seven-month high, while sugar prices were also lower. COFFEE* Arabica coffee KCc2 settled down 33.7 cents, or 8.2%, at $3.7565 per lb, retre...Reuters
an hour ago
EU wheat extends gains as euro eases, Russian prices steady
PARIS, Sept 17 (Reuters) - Euronext wheat extended gains on Wednesday to a new two-week high, helped by an easing in the euro and signs that Russian prices are steadying after a recent fall.December wheat BL2Z5 on Euronext settled 0.5% higher at 192.25 euros ($227.74) per metric ton as it rose for a...Reuters
an hour ago
US farmers face 'financial calamity' without extra aid soon, Republican lawmakers say
Republicans conflicted between loyalty to constituents or TrumpFarmers worried about low crop prices and trade warsNear-record $40 billion in farm payments expected in 2025, USDA data showsBy Bo Erickson and Leah Douglas WASHINGTON, Sept 17 (Reuters) - As U.S. farmers enter autumn harvest season ...Reuters
an hour ago
Finger-detecting table saw rule would harm competition, US FTC says
By Jody GodoySept 17 (Reuters) - A proposal to require U.S. table saw manufacturers to use one company's patented finger detection technology should be dropped along with more than 170 other regulations that hamper competition, President Donald Trump's Federal Trade Commission said on Wednes...Reuters
2 hours ago
Poland urges EU to end Russian oil imports by 2026, citing geopolitical risks
EU's Von der Leyen wants faster phase-out of Russian energyEU had planned to end Russian imports by January 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 imports ...Reuters
3 hours ago
Europe Gasoline/Naphtha-Gasoline cracks edge higher on lower US stocks
LONDON, Sept 17 (Reuters) - Northwest European gasoline profit margins rose slightly by 17 cents on Wednesday to $19.91 a barrel as US inventories fell unexpectedly. A total of 6,000 metric tons of Eurobob E5 barges were traded, with Gunvor and Sahara selling to Aramco.Shell sold an E10 barge to Ex...Reuters
3 hours ago
METALS-Copper hits one-week low ahead of US Fed rate 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 Federal Reserve, while demand from top metals consumer China was muted by the recent copper rally.Benchmark three-month coppe...Reuters
3 hours ago
Global emissions deal a priority for airlines at UN aviation assembly
UN CORSIA deal was reached in 2016 to cap rising emissions from international flights ICAO triennial assembly to run from Sept 23 to Oct 3 in MontrealAirline group supports raising pilot retirement age from 65 to 67By Allison Lampert MONTREAL, Sept 17 (Reuters) - A global emissions deal is key fo...Reuters
3 hours ago
US DOE Announces Disbursement Of $77.2 Million To Entek Lithium Separators
Sept 17 (Reuters) - US DOE: US DOE: DISBURSEMENT OF $77.2 MILLION TO ENTEK LITHIUM SEPARATORS TO FINANCE LITHIUM-ION BATTERY SEPARATOR MANUFACTURING FACILITY IN INDIANAUS DOE: DISBURSEMENT OF UP TO $1.3 BILLION DOE LOAN TO BE ISSUED TO ENTEK THROUGH LOAN PROGRAMS OFFICEReuters
3 hours ago
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
4 hours 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
4 hours ago
