News
Important Only
Hong Kong airport may shut for 36 hours as super typhoon nears, Bloomberg News reports
Sept 22 (Reuters) - Hong Kong International Airport is planning to suspend all passenger flights for 36 hours as the Asian financial hub prepares for one of its strongest super typhoons in years, Bloomberg News reported on Monday, citing people familiar with the matter.Airport and aviation officials...Reuters
18 minutes ago
Valero Reports Emissions At Corpus Christi, Texas Refinery West Plant
Sept 21 (Reuters) - Valero VLO.N:REPORTS EMISSIONS FROM COOLING TOWER - HOC 123 AT CORPUS CHRISTI, TX, REFINERY WEST PLANT REPORTS UPSTREAM EQUIPMENT IS BEING SURVEYED IN ORDER TO IDENTIFY THE SOURCE OF THE COOLING WATER CONTAMINATION AND ONCE IDENTIFIED, THE SOURCE WILL BE ISOLATED FOR REPAIRSOURCE...Reuters
58 minutes ago
China keeps lending rates unchanged in Sept as trade tensions ease
SHANGHAI, Sept 22 (Reuters) - China kept its benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations, following the central bank's decision to hold a main policy rate steady last week.WHY IT'S IMPORTANTThe steady loan prime rate (LPR)...Reuters
an hour ago
Hong Kong airport may close for 36 hours as storm nears, Bloomberg News reports
Sept 22 (Reuters) - Hong Kong International Airport is weighing grounding all passenger flights for 36 hours as the country braces for one of its strongest super typhoons in years, Bloomberg News reported on Monday, citing people familiar with the matter.Reuters could not immediately confirm the rep...Reuters
an hour ago
Oil inches up as tension flares in Europe, Middle East
Estonia accuses Russia of violating its air spaceFour Western nations recognise Palestinian stateIraq increases oil exports after OPEC+ relaxes quotaBy Florence Tan SINGAPORE, Sept 22 (Reuters) - Oil prices inched up on Monday supported by geopolitical tension in Europe and the Middle East, altho...Reuters
an hour ago
Exxonmobil Reports Emissions At Baytown, Texas Refinery
Sept 21 (Reuters) - Exxon Mobil XOM.N:REPORTS UNPLANNED SHUTDOWN OF THE HYDROFINING UNIT 10 (HU-10) DUE TO A FAILED OUTLET VALVE ON THE PRODUCT STRIPPER TOWER (T-901) BOTTOMS RESULTED IN SAFE UTILIZATION OF THE FLARE SYSTEMREPORTS OPERATIONAL ADJUSTMENTS WERE MADE TO STABILIZE OPERATIONS AND MINIMIZ...Reuters
2 hours ago
PRECIOUS-Gold holds firm near record high as markets eye Fed policy signals
Sept 22 (Reuters) - Gold held firm near a record high on Monday as investors awaited U.S. inflation data and a slew of Federal Reserve speakers this week for additional policy cues after the central bank lowered interest rates last week and signaled potential further easing. FUNDAMENTALS* Spot gold ...Reuters
2 hours ago
China leaves benchmark lending rates unchanged for fourth month in Sept
SHANGHAI, Sept 22 (Reuters) - China kept benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations.The one-year loan prime rate (LPR) CNYLPR1Y=CFXS was kept at 3.0% on Monday, while the five-year LPR CNYLPR5Y=CFXS was unchanged at 3.5%.Most new...Reuters
2 hours ago
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
2 hours 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
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 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
2 hours 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
3 hours 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
12 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
13 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
