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Type One CEO says Tennessee Valley Authority to harness its fusion technology
By Pooja Menon and Sumit SahaSept 19 (Reuters) - Type One Energy CEO Christofer Mowry said on Friday U.S. government-owned utility Tennessee Valley Authority plans to use its technology at the retired coal-fired Bull Run plant, which will be the site of a commercial fusion plant.Nuclear power has b...Reuters
20 minutes ago
US drillers add oil and gas rigs for third week in a row, Baker Hughes says
Rig count rises to 542, highest since JulyTotal rig count still 8% below last yearEIA projects increase in crude and gas output for 2025By Scott DiSavino Sept 19 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, ene...Reuters
21 minutes ago
PRECIOUS-Gold drifts higher with spotlight on Fed policy path
Gold hit record high of $3,707.40/oz on WednesdayIndia gold premiums hit 10-month high Palladium heads for weekly lossBy Ashitha Shivaprasad Sept 19 (Reuters) - Gold prices moved higher on Friday and headed for a fifth consecutive weekly gain, with market attention focused on further cues after t...Reuters
31 minutes ago
GRAINS-Soybean futures fall after Trump-Xi call; corn, wheat sag
By Julie Ingwersen CHICAGO, Sept 19 (Reuters) - U.S. soybean futures fell to their lowest in a week on Friday, erasing early gains after a phone call between U.S. President Donald Trump and Chinese President Xi Jinping failed to yield news on soybean exports, analysts said. Corn and wheat fut...Reuters
48 minutes ago
Stopgap spending bill to avert shutdown falls short in US Senate
WASHINGTON, Sept 19 (Reuters) - A temporary spending bill that would avert an Oct. 1 federal government shutdown fell short in the U.S. Senate on Friday, as Democrats withheld support while demanding higher spending for healthcare.Reuters
57 minutes ago
US drillers add oil and gas rigs for third week in a row, Baker Hughes says
By Scott DiSavino Sept 19 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of futu...Reuters
an hour ago
US judge blocks Trump's demands for state data on food stamp recipients
By Daniel Wiessner Sept 19 (Reuters) - A U.S. judge has temporarily blocked President Donald Trump's administration from stripping 19 mostly Democratic-led states and Washington, D.C., of food stamp benefits funding unless the states hand over data on millions of people who receive them. U.S....Reuters
an hour ago
Death toll from tanker truck explosion in Mexico City rises to 22
MEXICO CITY, Sept 19 - The death toll from an explosion involving a tanker truck carrying liquefied petroleum gas (LPG) in Mexico's capital has climbed to 22, the city's Health Ministry said.The tragedy has sparked widespread anger and drawn renewed attention to safety conditions on Mexico&#...Reuters
an hour ago
Europe Gasoline/Naphtha-Gasoline cracks head lower
LONDON, Sept 19 (Reuters) - Northwest European gasoline profit margins fell 90 cents to $19.40 a barrel on Friday.A total of 4,000 metric tons of Eurobob E5 barges were traded, with Gunvor selling to BP and Vitol.An additional 2,000 tons of E10 barges were traded in total, with Gunvor selling to Equ...Reuters
2 hours ago
US lawmakers to introduce bipartisan bill to axe tariffs on coffee
Sept 19 (Reuters) - U.S. Representatives Don Bacon and Ro Khanna will introduce bipartisan legislation that would exempt coffee products from any tariffs, spokespeople for the lawmakers told Reuters on Friday.Brazil used to supply a third of all the coffee used in the U.S., but shipments dried up si...Reuters
2 hours ago
Brazil leather price slumps, challenging $1.25 billion export industry
By Ana ManoSAO PAULO, Sept 19 (Reuters) - Brazilian leather prices have fallen sharply over the last decade or so, threatening jobs and weakening the national industry against global competitors, according to data compiled by Durli Leathers, one of the largest domestic producers.Skin valued at $59 i...Reuters
2 hours ago
Euronext wheat eases from two-week high
PARIS, Sept 19 (Reuters) - European wheat futures fell on Friday amid a lull in export demand and as some participants booked profits following a two-week high, traders said.December wheat BL2Z5 on Euronext was down 0.7% at 191.00 euros ($224.35) per metric ton at 1549 GMT, easing back from Thursday...Reuters
2 hours ago
Oil prices slip as robust supply outweighs Fed cut
Large oil supplies, declining demand push prices lowerRefinery turnaround season will also cut demand for crude Benchmarks remain on track for second straight weekly gainBy Erwin Seba HOUSTON, Sept 19 (Reuters) - Oil prices dropped on Friday as worries about large supplies and declining demand ou...Reuters
2 hours ago
US Northeast electricity imports from Canada drop, EIA reports
Sept 19 (Reuters) - Electricity imports from Canada into New York Independent System Operator (NYISO) and Independent System Operator New England (ISO-NE) have dropped due to drought conditions in Canada and lower U.S. Northeast electricity demand, the U.S. Energy Information Administration (EIA) sa...Reuters
3 hours ago
RPT-EXCLUSIVE-Commodity trader Mercuria bets on boom with foray into uranium, sources say
Mercuria hires ex-Goldman Sachs trader for uranium operationsNatixis and Citibank also moving into uranium trading marketNuclear fuel demand to double by 2040, industry body saysBy Eric Onstad LONDON, Sept 19 (Reuters) - Mercuria has become the first major commodity house to launch physical tradi...Reuters
3 hours ago
Street View: Analysts cut Darden's PTs as inflation pressures margins
** Olive Garden parent Darden Restaurants DRI.N missed first-quarter profit estimates on Thursday, hurt by higher input costs** At least 10 analysts cut PT on the stockVALUE GAINS TRACTION, MARGINS UNDER PRESSURE** Citigroup ("buy," PT: $239) says the new menu, which repurposes existing prod...Reuters
4 hours ago
Valterra CEO sees global platinum supply shrinking 15%-20% by decade's end
By Nqobile Dludla RUSTENBURG South Africa, Sept 19 (Reuters) - Global primary platinum group metal production could fall by as much as 20% by the end of this decade, widening a supply deficit, Valterra Platinum VALJ.J CEO Craig Miller said on Thursday.Miller said demand from carmakers, who use pl...Reuters
4 hours ago
