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GRAINS-Soybeans drop to six-week low on dismal demand; wheat, corn ease
SINGAPORE, Sept 22 (Reuters) - Chicago soybeans lost more ground on Monday, hitting a six-week low as a phone call last week between U.S. President Donald Trump and Chinese President Xi Jinping did not provide any news on agriculture. Wheat slid to a one-week low, while corn eased in early Asian tra...Reuters
7 minutes ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 22 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$67.33sup $66.48/$65.96/$65.60Palm oil (3rd mth)4,401/4,366 ringgitres 4,457/4,492/4,514 ringgitWTI* (1st mth)$63.49sup $62.72/$62.24Spot gold$3,705/$3,719sup $3,667/$3...Reuters
32 minutes 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 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
33 minutes ago
Gold Price Forecast: XAU/USD posts modest gain above $3,650 on potential Fed monetary policy easing
The Gold price (XAU/USD) posts a modest gain near $3,685 during the early Asian session on Monday. The yellow metal edges higher as the US Federal Reserve (Fed) cut the interest rates at its September meeting, as widely expected. Traders will take more cues from the Fedspeak later on Monday.
Fxstreet
44 minutes ago
Iraq increases oil exports, sees extra revenues, state oil marketer says
Sept 21 (Reuters) - Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement, the country's state oil marketer SOMO said on Sunday.Earlier this month, eight members of OPEC+ agreed to raise production from October by 137,000 barrels per...Reuters
10 hours ago
Iraq increases oil exports, sees extra revenues, state oil marketer says
Sept 21 (Reuters) - Iraq has increased its oil exports after the gradual end of voluntary production cuts under the OPEC+ agreement, the country's state oil marketer SOMO said on Sunday.The increase in exports is expected to generate hundreds of millions of dollars in additional revenues for Ira...Reuters
11 hours ago
Dallas airports return to normal as FAA details problem that caused outage
By David Shepardson WASHINGTON, Sept 20 (Reuters) - Flight operations at two Dallas-area airports returned to normal operations on Saturday as the Federal Aviation Administration detailed telecom failures by a telecommunications company that it said led to more than 2,000 flight disruptions.Ameri...Reuters
Sat, Sep 20
Trump administration cancels annual food insecurity survey, USDA says
Sept 20 (Reuters) - The Trump administration has canceled the USDA’s annual food insecurity survey, ending a decades-long effort to track how many Americans struggle to access enough food, the Agriculture Department said on Saturday.The U.S. Department of Agriculture said the Household Food Security...Reuters
Sat, Sep 20
Dallas airports return to normal as FAA details problem that caused outage
By David Shepardson WASHINGTON, Sept 20 (Reuters) - Flight operations at two Dallas-area airports returned to normal operations on Saturday as the Federal Aviation Administration detailed telecom failures by a telecommunications company that it said led to more than 2,000 flight disruptions. ...Reuters
Sat, Sep 20
Operations at Dallas-area airports back to normal levels, FAA says
WASHINGTON, Sept 20 (Reuters) - Operations at Dallas Fort Worth and Dallas Love Field airports have returned to normal levels, the Federal Aviation Administration said on Saturday, The FAA said it was working with airlines on recovery plans to support impacted flights."Yesterday's disruption...Reuters
Sat, Sep 20
Two bodies found in search for Freeport Indonesia workers trapped in mine, reports say
JAKARTA, Sept 20 (Reuters) - Two bodies have been recovered in the search for seven Freeport Indonesia workers trapped underground at a major copper mine since September 8 due to heavy mudflows, Indonesian media reported.The team is still looking for the other workers and the identification process ...Reuters
Sat, Sep 20
Tesla wins approval to test autonomous robotaxis in Arizona
Sept 19 (Reuters) - Tesla TSLA.O has been approved to start testing autonomous robotaxi vehicles with a safety monitor in Arizona, the state transportation department said in an email to Reuters on Friday. Tesla had applied in June for a permit to begin trials for an autonomous vehicle ride-sharing ...Reuters
Sat, Sep 20
Trump invokes 'golden share' to block U.S. Steel plans for Illinois plant, WSJ reports
Sept 19 (Reuters) - The Trump administration blocked U.S. Steel's plan to shut down production at one of its plants in Illinois, flexing its so-called golden share authority, the Wall Street Journal reported on Friday, citing a person familiar with the matter. U.S. Steel, now owned by Tok...Reuters
Fri, Sep 19
LIVESTOCK-Cattle futures climb, shrugging off lower beef prices
By Julie Ingwersen CHICAGO, Sept 19 (Reuters) - Chicago Mercantile Exchange live cattle futures closed higher on Friday for a second straight day, supported by tight U.S. cattle supplies and strength in Wall Street equity markets that signaled continued strong demand for beef, brokers said.CME Oc...Reuters
Fri, Sep 19
Death toll from tanker truck explosion in Mexico City rises to 25
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 25, the city's Health Ministry said on Friday. The truck, hauling about 50,000 liters of LPG, overturned and slammed into a wall. A ru...Reuters
Fri, Sep 19
US Cash Crude-MEH firms to seven-month high on strong export demand
Sept 19 (Reuters) - WTI at East Houston, also known as MEH, strengthened on Friday to its highest since February on strong export demand.MEH firmed 10 cents to about a premium of $1.55 to U.S. crude futures. WTI Midland gained 5 cents and Mars sour crude was unchanged.Traders cited firm export deman...Reuters
Fri, Sep 19
GRAINS-Soybean futures fall after Trump-Xi call; corn ends mixed
Trump-Xi call yields no news on soybean exportsCorn futures end mixed amid U.S. harvest expansionWarm Midwest weather accelerates crop maturityBy Julie Ingwersen CHICAGO, Sept 19 (Reuters) - U.S. soybean futures fell to their lowest in more than a week on Friday, erasing early gains after a phone...Reuters
Fri, Sep 19
US lawmakers want sanctions to sink Russia's 'shadow fleet'
By Patricia Zengerle WASHINGTON, Sept 19 (Reuters) - A group of Republican and Democratic U.S. senators introduced legislation on Friday that would expand sanctions against Russian energy, specifically by targeting a collection of older oil tankers the lawmakers say are used to dodge existing U.S...Reuters
Fri, Sep 19
Trump administration strikes deal to regain control of Washington Union Station
By David ShepardsonWASHINGTON, Sept 19 (Reuters) - The Trump administration said late Friday it has struck a deal to restore federal control of Washington Union Station in the nation's capital.Last month, the U.S. Department of Transportation announced it planned to reclaim management of Washing...Reuters
Fri, Sep 19
