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EXCLUSIVE-Exxon signs initial agreement with Rosneft to chart possible path to recoup Russian losses, sources say
Exxon received U.S. approval for talks with Rosneft under Trump and BidenExxon lost access to 150 million barrels of oil reserves in RussiaBP and Shell also faced significant write-downs on Russian assetsBy Anna Hirtenstein, Marwa Rashad and Sheila Dang Sept 23 (Reuters) - U.S. oil major Exxon Mo...Reuters
18 minutes ago
Oil rises $1/bbl as restart of Kurdish oil exports stalls
Kurdistan oil export deal stalls over debt repayment assurancesGlobal oil market faces elevated supply, IEA saysUS crude stockpiles seen higher, gasoline to draw ahead of weekly dataInvestors eye US distillate stocks amid attacks on Russian oil infrastructureBy Georgina McCartney HOUSTON, Sept 23...Reuters
21 minutes ago
Power to Ukraine's Zaporizhzhia nuclear plant cut for 10th time, IAEA says
VIENNA, Sept 23 (Reuters) - All external power lines supplying the Russian-occupied Zaporizhzhia Nuclear Power Plant (ZNPP) in Ukraine with electricity vital to cooling its reactors' fuel and preventing a meltdown were down on Tuesday, the U.N. nuclear watchdog said."ZNPP lost all off-site p...Reuters
35 minutes ago
PRECIOUS-Gold surges to new peak as investors await Powell comments
Gold climbs to record high of $3,790.82Fed Chair Powell's speech at 12:35 p.m. ETSilver holds near 14-year highBy Noel John Sept 23 (Reuters) - Gold prices climbed to a fresh record high on Tuesday, aided by safe haven flows amid geopolitical uncertainty and expectations of further Federal Re...Reuters
39 minutes ago
Constellation Energy's Crane nuclear plant restart ahead of schedule
Sept 23 (Reuters) - Major U.S. power company Constellation Energy CEG.O said its project to restart the Three Mile Island Unit 1 nuclear plant in Pennsylvania, renamed the Crane Clean Energy Center, remains ahead of schedule, with the unit expected back online in 2027.The plant, closed in 2019 for e...Reuters
44 minutes ago
FACTBOX-Drones and cyber outages exposing aviation weak spots since 2017
Sept 23 (Reuters) - Sightings of two or three large drones near Copenhagen airport late on Monday halted all take-offs and landings for nearly four hours, as Denmark linked them to a series of suspected Russian drone incursions and other disruptions across Europe.A string of drone sightings and digi...Reuters
58 minutes ago
Trump scraps meeting with Democrats on funding as US shutdown looms
WASHINGTON, Sept 23 (Reuters) - U.S. President Donald Trump on Tuesday scrapped a meeting with top congressional Democrats leaders meant to discuss a path forward to avert a partial government shutdown beginning next week, saying he would only meet with them if they agree to some of his demands."...Reuters
an hour ago
Iraq Kurdish oil exports yet to flow as two producers seek debt guarantees
DNO and Genel again seek payment assurancesPlan would restart pipeline shut since March 2023230,000 bpd of crude would flow to TurkeyIraqi cabinet meets to approve plan BAGHDAD, Sept 23 (Reuters) - Pipeline oil exports from Iraq's Kurdistan region to Turkey had yet to restart on Tuesday ...Reuters
an hour ago
Taiwan says two dead, 30 missing in east of island after typhoon
TAIPEI, Sept 23 (Reuters) - Taiwan's fire department said on Tuesday that 30 people were missing and two people had died in the eastern county of Hualien, where a barrier lake in the mountains burst its banks in a typhoon.Taiwan has since Monday been lashed by the outer rim of Super Typhoon Raga...Reuters
an hour ago
US natgas extends losses on ample stockpiles, lower demand forecasts
By Anushree Mukherjee Sept 23 (Reuters) - U.S. natural gas futures extended their decline to hit the lowest level in nearly a month on Tuesday as ample supplies of gas in storage and forecasts for less demand next week weighed on prices. Front-month gas futures for October delivery NGc1 on the Ne...Reuters
an hour ago
Trump scraps meeting with Democrats on budget as US shutdown looms
WASHINGTON, Sept 23 (Reuters) - U.S. President Donald Trump on Tuesday scrapped a meeting with leading Democratic leaders on funding the federal government to avoid a shutdown, saying he would only meet with them if they agree to some of his demands. "I have decided that no meeting with thei...Reuters
2 hours ago
Brazil's WEG to invest $77 million to boost US plant capacity due to AI demand
By Fabio Teixeira Sept 23 (Reuters) - Brazilian motor maker WEG WEGE3.SA will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the plant's production capacity by 50% as artificial intelligence fuels demand in the country.The in...Reuters
2 hours ago
CBOT Trends-Wheat steady-up 1 cent, corn steady-up 1, soybeans down 3-4
CHICAGO, Sept 23 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday. WHEAT - Steady to up 1 cent per bushelCBOT wheat futures were pressured by an expected boost to Argentin...Reuters
2 hours ago
EU wheat hovers near lows with Algerian import tender in focus
PARIS, Sept 23 (Reuters) - Euronext wheat hovered around contract lows on Tuesday as Argentina's suspension of grain export taxes reinforced expectations of abundant supply from exporting countries, while traders awaited results from an Algerian import tender.December wheat BL2Z5 on Euronext'...Reuters
2 hours ago
Ukraine says it hit Russian oil infrastructure in Bryansk, Samara regions
Drones hit oil facilities in Russia's Bryansk and SamaraStation mixing Urals oil for export; key to Novorossiisk and Druzhba flowsSupplies from Samara continue, but at reduced pace, source says KYIV, Sept 23 (Reuters) - Ukraine's military struck two Russian oil distribution facilities in ...Reuters
2 hours ago
Gold hits fresh all-time high as Fed outlook and global risks fuel demand
Gold (XAU/USD) pushes deeper into uncharted territory on Tuesday, climbing to another record high as expectations for further Federal Reserve (Fed) interest rate cuts and lingering geopolitical risks underpin steady safe-haven demand.
Fxstreet
3 hours ago
EU to delay anti-deforestation law by another year
EU delays law again, citing IT system concernsU.S. and other major trade partners have opposed the law Law aims to curb global deforestation linked to EU consumptionEnvironmental campaigners criticise delayBy Kate Abnett and Makini Brice BRUSSELS, Sept 23 (Reuters) - The European Union will delay...Reuters
3 hours ago
RPT-COLUMN-The Big Three of Asia's thermal coal look healthy, others pale: Russell
By Clyde Russell JIMBARAN, Indonesia, Sept 23 (Reuters) - Asia dominates the global thermal coal market but the future is looking increasingly split between robust domestic markets in the three heavyweights of China, India and Indonesia and a gradually fading seaborne market.The three countries a...Reuters
3 hours ago
GRAINS-Soybeans extend slide as Argentina competition and stalled China demand weigh
Soybean trade at 6-week low on weak demand for U.S. cargoesWheat also stays subdued, corn steadies as U.S. harvest eyedBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Sept 23 (Reuters) - Chicago soybeans lost more ground on Tuesday to hit a six-week low, pressured by a lack of Chinese demand f...Reuters
4 hours ago
