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Oil settles up $1/bbl as restart of Kurdish oil exports stalls
Kurdistan oil export deal stalls over debt repayment assurancesGlobal oil market faces elevated supply, IEA saysInvestors eye US distillate stocks amid attacks on Russian oil infrastructureBy Georgina McCartney HOUSTON, Sept 23 (Reuters) - Oil prices settled up more than $1 a barrel on Tuesday af...Reuters
27 minutes ago
US judge proposes to extend Citgo auction timeline to late Oct
HOUSTON, Sept 23 (Reuters) - A U.S. judge overseeing a court-ordered auction of shares in the parent of refiner Citgo Petroleum said on Tuesday he is inclined to receive briefings about the bid recommended as winner through October 15, with oral arguments presented on October 20-21 and final replies...Reuters
56 minutes ago
ADM, Alltech to launch North American animal feed joint venture
Sept 23 (Reuters) - Grain trader Archer-Daniels-Midland ADM.N and agricultural products developer Alltech signed a deal to launch a North American animal feed joint venture, the companies said on Tuesday.Alltech's Hubbard Feeds and Masterfeeds businesses, 18 feed mills in the U.S and 15 in Canad...Reuters
56 minutes ago
UN aviation gathering opens under shadow of cyberattacks, geopolitical tensions
ICAO triennial assembly runs from September 23 to October 3Assembly navigating geopolitical tensions with Russia, North KoreaRussia seeking ICAO council chair after losing seat in 2022By Allison Lampert Sept 23 (Reuters) - A global gathering of aviation leaders that kicked off on Tuesday in Montr...Reuters
58 minutes ago
US Department of Agriculture puts some food researchers on leave
By Kanishka Singh WASHINGTON, Sept 23 (Reuters) - The U.S. Department of Agriculture has placed on leave a team of federal economists and researchers responsible for the government's main survey on food insecurity, the union representing some of the workers said on Tuesday.About a dozen emplo...Reuters
an hour ago
US Cash Grains-Soybean, corn basis bids steady in quiet trade
Sept 23 (Reuters) - Soybean and corn basis bids were steady at elevators, river terminals and processors in the U.S. Midwest on Tuesday in quiet trade, spot checks showed. The soybean basis rose at an Iowa elevator. Soy and corn basis bids elsewhere were steady.Farmers have turned attention to the e...Reuters
an hour ago
US natgas drifts up after hitting near one-month low
By Anushree Mukherjee Sept 23 (Reuters) - U.S. natural gas futures firmed on Tuesday after hitting a near one-month low, yet ample supplies of gas in storage and forecasts for less demand kept gains in check. Front-month gas futures for October delivery NGc1 on the New York Mercantile ...Reuters
an hour ago
GRAINS-Soy futures set six-week low as China buys Argentine cargoes, snubs US
Soybean futures turn higher after setting six-week low Market became oversold after recent losses, analysts sayChina buys Argentine soy, shutting out US, traders sayChina has avoided US soybeans during trade warBy Tom Polansek CHICAGO, Sept 23 (Reuters) - U.S. soybean futures set a six-week l...Reuters
an hour ago
Singapore's Seatrium selling Texas shipyard to Turkey's Karpowership for $51 million
By Lisa Baertlein LOS ANGELES, Sept 23 (Reuters) - Singapore-based Seatrium Limited SEAT.SI said on Tuesday it has a deal to sell its "surplus" AmFELS Yard shipbuilding facility in Texas for $50.67 million to an affiliate of Karpowership. AmFELS Yard, located in the Port of Brownsville, b...Reuters
an hour ago
North Dakota rig count, frac crew count fall, state regulator says
HOUSTON, Sept 23 - There are currently 27 active rigs in North Dakota, down from 29 in August, according to the state's Department of Mineral Resources on Tuesday. There are currently 12 frac (hydraulic fracking) crews operating in the state, down from 14 in August. Bakken oil delivered at Clear...Reuters
2 hours ago
Kansas, TerraPower and Evergy sign deal to explore nuclear reactor and energy storage sites
Sept 23 (Reuters) - Kansas Department of Commerce, Bill Gates-backed TerraPower and Evergy EVRG.O signed a memorandum of understanding on Tuesday to explore sites for a nuclear reactor project and an energy storage plant, amid soaring demand for power.U.S. nuclear power is gaining traction after dec...Reuters
2 hours ago
Cheniere's biggest LNG plant pulling less gas on Tuesday, LSEG data shows
HOUSTON, Sept 23 (Reuters) - Gas flow into the largest U.S. liquefied natural gas (LNG) plant fell nearly 600 million cubic feet on Tuesday from Monday, short of peak demand by 1.4 billion cubic feet (bcf), according to preliminary data from financial firm LSEG.Cheniere Energy's LNG.N Sabine Pas...Reuters
2 hours ago
CIF/FOB Gulf Grain-Corn barge basis firms as freight costs stay high
CHICAGO, Sept 23 (Reuters) - Basis bids for corn shipped by barge to U.S. Gulf Coast export terminals turned higher on Tuesday, amid brisk export demand and elevated freight rates, traders said.Soybean basis bids eased. Chinese buyers booked at least 10 cargoes of Argentine soybeans after Bue...Reuters
2 hours ago
CBOT wheat touches contract lows before turning higher
CHICAGO, Sept 23 (Reuters) - Chicago Board of Trade wheat futures finished higher on Tuesday in a turnaround from contract lows reached earlier in the session.Short covering lifted futures after recent declines, traders said.Farmers were planting the U.S. winter wheat crop that will be harvested nex...Reuters
2 hours ago
Gold hits $3,791 record before easing as Powell speech lifts volatility
Gold price climbs during the North American session on Tuesday, up by 0.73% after reaching a record high at $3,791 following the release of US economic data and Federal Reserve (Fed) Chair Jerome Powell's speech.
Fxstreet
2 hours ago
CBOT corn ends higher as traders monitor early US harvest results
CHICAGO, Sept 23 (Reuters) - Chicago Board of Trade corn futures closed stronger on Tuesday as traders said there were mixed reports on early yields from the U.S. harvest.Traders said there were some reports that crop yields were coming in lower than expected, as farmers were harvesting their fields...Reuters
2 hours ago
EXCLUSIVE-Chevron exports of Venezuelan oil halved under new US authorization, sources say
Chevron's ventures paying royalties, taxes with oil in kind in recent monthsPDVSA using its portion of barrels for refining and to ship to other destinationsPace of debt repayment to Chevron has slowedBy Marianna Parraga HOUSTON, Sept 23 (Reuters) - U.S. oil major Chevron CVX.N is only able t...Reuters
2 hours ago
Rig count, frac crew count fall in North Dakota, state regulator says
HOUSTON, Sept 23 - There are currently 27 active rigs in North Dakota, down from 29 in August, according to the state's Department of Mineral Resources on Tuesday. There are currently 12 frac crews operating in the state, down from 14 in August. North Dakota is the third largest oil-producing st...Reuters
2 hours ago
ICE canola futures rise after recent losses
WINNIPEG, Manitoba, Sept 23 (Reuters) - ICE canola futures on Tuesday broke out a nearby trend of consecutive losses.• November canola RSX5 settled up $7.20 at $617.60 per metric ton. January RSF6 rose $7.80 to $631.10.• Tuesday saw canola futures snap a four-session slide, in which canola fell from...Reuters
2 hours ago
