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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 gain for a second straight weekBy Erwin Seba HOUSTON, Sept 19 (Reuters) - Oil prices dropped on Friday as worries about large supplies and declining demand outweighed expecta...Reuters
15 minutes ago
Argentina joins US civil nuclear energy program
BUENOS AIRES, Sept 19 (Reuters) - Argentina has joined a U.S. program to roll out small-scale nuclear reactors for civil energy needs, making it the first nation in Latin America to come aboard, the two governments said on Friday.Argentina will be a contributing partner to the Foundational Infrastru...Reuters
19 minutes ago
US Justice Department files statement of interest in Enbridge-Michigan case
Sept 19 (Reuters) - The U.S. Justice Department said on Friday that it filed a statement of interest last week in a case between Enbridge Energy and the State of Michigan in the U.S. District Court for the Western District of Michigan.The department said its statement highlights that shutting down E...Reuters
20 minutes ago
CBOT soybeans end lower after Trump-Xi phone call; US harvest expands
CHICAGO, Sept 19 (Reuters) - Chicago Board of Trade soybean futures fell to their lowest in more than 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, brokers said.CBOT November soyb...Reuters
21 minutes ago
CBOT corn ends narrowly mixed as US harvest expands
CHICAGO, Sept 19 (Reuters) - Chicago Board of Trade corn futures ended narrowly mixed on Friday as short-covering and inter-market spreading offset harvest pressure and spillover weakness from soybeans, brokers said.CBOT December corn CZ25 settled up 1/4 cent at $4.24 per bushel while March corn CH2...Reuters
24 minutes ago
US natgas prices dip 2% to 3-week low on ample storage, milder forecasts
Milder weather forecasts reduce expected gas demandLSEG reports slight drop in U.S. gas outputBerkshire Hathaway's Cove Point LNG plant to undergo maintenanceTropical Storm on track to become hurricane, unlikely to hit USBy Scott DiSavino Sept 18 (Reuters) - U.S. natural gas futures slid ...Reuters
38 minutes ago
Jera Americas, Tenaska, And Tyr Jointly Announce Share Transfer In U.S. Power Generation Projects
Sept 19 (Reuters) - JERA Americas:JERA AMERICAS, TENASKA, AND TYR JOINTLY ANNOUNCE SHARE TRANSFER IN U.S. POWER GENERATION PROJECTSJERA AMERICAS - COMPLETION OF SHARE TRANSFER OF JERA AMERICAS' EQUITY INTERESTS IN THREE GAS-FUELED POWER PLANTS TO TENASKA AND TYRReuters
46 minutes ago
SOFTS-Arabica coffee posts 12% weekly loss on profit taking, Brazil weather
NEW YORK, Sept 19 (Reuters) - Arabica coffee futures on ICE fell sharply on Friday to accumulate a 12.7% weekly loss with forecasts for rain in parts of Brazil's coffee belt improving the outlook for the key flowering period in the world's top producer, and fuelling speculators' prof...Reuters
an hour ago
ICE canola futures continue to decline with soyoil
WINNIPEG, Manitoba, Sept 19 (Reuters) - ICE canola futures fell on Friday and fell over the week.• Canola fell on four of the week's five sessions. • November canola RSX5 settled down $5.30 at $618.60 per metric ton. January RSF6 settled down $4.90 at $631.50.• Canola continued to follow Chicago...Reuters
an hour ago
Stellantis unveils lighter, faster-charging EV battery
By Gilles GuillaumePARIS, Sept 19 (Reuters) - Stellantis unveiled an electric vehicle prototype on Friday featuring a faster-charging, lighter and more affordable battery that eliminates the need for a separate inverter and charger. The IBIS (Intelligent Battery Integrated System) was developed in p...Reuters
an hour ago
Gold rebounds above $3,670 as dip buyers step in despite firm US Dollar
Gold price reverses its course on Friday after printing back-to-back bearish session, rises over 0.69% despite overall US Dollar strength across the board. Buyers emerged near the lows of the week at around $3,630 and drove the non-yielding metal higher.
Fxstreet
an hour ago
US Cash Grains-Soybean basis bids steady to down at processors
Sept 19 (Reuters) - Soybean basis bids were steady to down at processing facilities in a spot check of locations around the U.S. Midwest on Friday, as futures took a dive. The corn basis fell 8 cents at a processor in Decatur, Illinois.U.S. soybean futures fell on Friday, erasing early gains after a...Reuters
an hour ago
WTI extends declines as strong US Dollar and weak demand overshadow Fed rate cut
West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, extending its losing streak for the third straight day. The US benchmark has surrendered all the gains it notched earlier in the week and is now poised to end the week in negative territory.
Fxstreet
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours ago
