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Europe Gasoline/Naphtha-Gasoline cracks rebound
LONDON, Sept 24 (Reuters) - Northwest European gasoline profit margins rose more than 40 cents a barrel on Wednesday.A total of 6,000 metric tons of Eurobob E5 barges were traded, with Sahara and Gunvor selling to Aramco and Trafigura.E10 barges worth 8,000 tons traded, with P66 and Glencore selling...Reuters
4 minutes ago
METALS-Copper rallies to 15-month high on Freeport force majeure
By Tom Daly Sept 24 (Reuters) - Copper hit its highest in more than 15 months on Wednesday after Freeport-McMoran Inc FCX.N declared force majeure at its Grasberg mining complex in Indonesia and slashed production guidance for 2026.A deadly landslide at the Grasberg Block Cave underground mine ...Reuters
9 minutes ago
Freeport declares force majeure at Grasberg, expects lower copper, gold sales
Company declares force majeure at GrasbergPhased restart may occur in 1H26Expects lower Q3 copper, gold salesCopper prices rally to their highest since May 2024By Pooja Menon Sept 24 (Reuters) - Freeport-McMoRan FCX.N on Wednesday declared force majeure at its Grasberg mine in Indonesia and said...Reuters
11 minutes ago
PRECIOUS-Gold slips from record peak; markets eye US economic data
US core PCE data due on Friday US weekly jobs data due on ThursdayPowell strikes cautious tone on path of future rate cutsBy Noel John Sept 24 (Reuters) - Gold prices eased on Wednesday as the U.S. dollar firmed, retreating from a record high scaled in the previous session, while investors hunker...Reuters
13 minutes ago
Boeing To Relocate F/A-18 Service Life Modification Work To Support St. Louis Site Expansion
Sept 24 (Reuters) - Boeing Co BA.N:BOEING TO RELOCATE F/A-18 SERVICE LIFE MODIFICATION WORK TO SUPPORT ST. LOUIS SITE EXPANSIONBOEING: PROGRAM WILL BE RELOCATED STARTING IN 2026 WITH ALL ST. LOUIS BASED WORK ENDING IN 2027BOEING: CONSIDERING MULTIPLE SITES TO TRANSFER WORK TO WITH CASE STUDIES START...Reuters
24 minutes ago
Dutch government sells nearly half of TenneT Germany for $11.3 billion
Buyers are APG, Norges Bank, and Singapore's GICSale follows failed attempt to sell to Berlin last yearBerlin considers taking minority stake in TenneT GermanyBy Bart H. Meijer, Andres Gonzalez and Christoph Steitz THE HAGUE/LONDON/FRANKFURT, Sept 24 (Reuters) - The Dutch government is sellin...Reuters
44 minutes ago
Oil hits 3-week high as surprise US stockpile draw adds to supply worries
Surprise drop in US crude inventories boosts oil pricesUkraine strikes Russian oil stations, raising supply concernsIran says crude sales to China should continue irrespective of UN sanctions snap-backBy Scott DiSavino NEW YORK, Sept 24 (Reuters) - Oil prices climbed about 1% to a three-week high...Reuters
46 minutes ago
US will return to Treasury $13 billion that was slated for renewables and evs, energy secretary says
Sept 24 (Reuters) - U.S. Energy Secretary Chris Wright said at a press conference in New York that his department would announce on Wednesday the return to the U.S. Treasury of $13 billion that was slated to subsidize wind, solar, batteries and electric vehicles.Reuters
46 minutes ago
Eni joint venture kicks off project to produce lithium batteries in Italy
MILAN, Sept 24 (Reuters) - Italian energy group Eni ENI.MI and Seri Industrial SERK.MI have initiated operations for a project to produce stationary lithium batteries in southern Italy, the companies said in a joint statement on Wednesday.The project is part of Eni's plan to reduce its exposure ...Reuters
an hour ago
Copper races to 15-month high on Freeport force majeure
Sept 24 (Reuters) - Copper prices on the London Metal Exchange jumped by over 3% to their highest in more than 15 months on Wednesday after Freeport-McMoran Inc FCX.N declared force majeure at its Grasberg mine in Indonesia.Benchmark three-month copper CMCU3 rose 3.6% to $10,330 a metric ton. That w...Reuters
an hour ago
Eight oil companies reach agreement with Iraq, KRG to resume oil exports
Agreement would let 230,000 barrels of crude a day flowExports from Iraqi Kurdistan expected to restart in daysNorway's DNO and partner Genel Energy yet to signCompanies are seeking arrears for past deliveriesSept 24 (Reuters) - Eight oil companies operating in Iraqi Kurdistan, representing over...Reuters
an hour ago
Oil, gas production slipped in Q3 2025, Dallas Fed survey shows
By Georgina McCartneyHOUSTON, Sept 24 (Reuters) - Oil and gas production and activity in the key producing states of Texas, Louisiana and New Mexico declined slightly in the third quarter of 2025, according to the Dallas Fed on Wednesday. Costs among oilfield service firms rose in the third quarter ...Reuters
an hour ago
Ben Carson to join USDA as nutrition adviser, Bloomberg News reports
Sept 24 (Reuters) - Former housing secretary and retired neurosurgeon Ben Carson will take charge as senior nutrition and housing adviser at the U.S. Department of Agriculture temporarily, Bloomberg News reported on Wednesday.Carson will serve "as a point person" at the USDA to help advance ...Reuters
an hour ago
Ukrainian drones stage new attack on major Russian petrochemical complex
Ukraine intensifies strikes as peace talks stallSame complex hit last week, Ufa refinery targeted this monthSalavat produces fuels, plastics, ammonia MOSCOW, Sept 24 (Reuters) - Ukrainian drones attacked one of Russia's largest petrochemical complexes, Salavat in the southern Bashkortostan re...Reuters
2 hours ago
EU wheat edges up on Algeria purchase, war risks
PARIS, Sept 24 (Reuters) - Euronext wheat edged higher for a second session on Wednesday, moving further from contract lows, supported by a large Algerian purchase and news of a drone strike on Russia's main Black Sea port that rekindled war concerns.December wheat BL2Z5 on Euronext's Paris-...Reuters
2 hours ago
US crude stocks, gasoline and distillate inventories fall, EIA says
Sept 24 (Reuters) - U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.Crude inventories fell by 607,000 barrels to 414.8 million barrels in the week ended September 19, the EIA said, compared with analysts' expectations...Reuters
2 hours ago
Toyota halts production at Brazil plants after storm damage
By Alberto AlerigiSAO PAULO, Sept 24 (Reuters) - Japanese carmaker Toyota 7203.T was forced to halt production at two plants in Brazil on Tuesday after heavy rain and winds severely damaged its Porto Feliz factory, the company said on Wednesday.The company said it did not know when production might ...Reuters
2 hours ago
CORRECTED-Trump to name Ben Carson as nutrition adviser of USDA, Bloomberg News reports
Sept 24 (Reuters) - Former housing secretary and retired neurosurgeon Ben Carson will take the role of senior nutrition and housing adviser at the U.S. Department of Agriculture temporarily, Bloomberg News reported on Wednesday.Reuters
2 hours ago
Ivory Coast issues 109 cocoa export licences for 2025/26 season
ABIDJAN, Sept 24 (Reuters) - Ivory Coast, the world's top cocoa producer, has granted cocoa export licences to 109 companies and cooperatives for the 2025/26 season, up from 106 last season, according to a document from the Coffee and Cocoa Council (CCC) regulator seen by Reuters on Wednesday.Th...Reuters
2 hours ago
