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TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 10 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$65.73/$65.07res $66.79/$67.33Palm oil (3rd mth)4,405/4,381 ringgitres 4,468/4,506 ringgitWTI* (1st mth)$62.68/$62.09/$61.45res $63.27/$63.63/$63.86Spot gold$3,618/$3,6...Reuters
12 minutes ago
Late September storms may liven up hurricane season, say Colorado State University forecasters
By Erwin Seba HOUSTON, Sept 9 (Reuters) - The latter half of September may see more tropical storms than much of this year's hurricane season so far, said forecasters from Colorado State University on Tuesday. Since the season began on June 1, there have been only six named tropical systems, ...Reuters
20 minutes ago
US Cash Grains-Corn, soy basis mostly steady-weak as harvest looms
CHICAGO, Sept 9 (Reuters) - Spot basis bids for corn and soybeans were mostly steady to weaker in the U.S. Midwest on Tuesday as grain elevators and processors prepared for the autumn harvest, merchandisers said.Early harvesting was already under way in some areas. The corn crop was 4% harvested nat...Reuters
37 minutes ago
US Plains HRW Wheat-Basis steady-firm, planting under way in Kansas
Sept 9 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were steady to firmer in the southern U.S. Plains on Tuesday while producers were generally focused on harvesting fall crops including corn, sorghum and soybeans, grain merchandisers said.The wheat basis improved by a nickel a bushel...Reuters
an hour ago
Dozens of containers tumble into water at California port
By Sandy Hooper and Lisa BaertleinLOS ANGELES, Sept 9 (Reuters) - Roughly 67 shipping containers fell from a berthed ship into the water at Southern California's Port of Long Beach on Tuesday morning, emergency responders at the nation's second-busiest seaport said. No injuries were reporte...Reuters
an hour ago
LIVESTOCK-Cattle futures slide on revised job numbers
CHICAGO, Sept 9 (Reuters) - Chicago Mercantile Exchange cattle futures dipped sharply lower on Tuesday with the CME expanding trading limits for feeder cattle as they fell under pressure from a revision to jobs data showing weaker numbers. The U.S. economy likely created 911,000 fewer jobs in the 12...Reuters
2 hours ago
Chevron to boost Vaca Muerta output to 30,000 bpd by year-end
BUENOS AIRES, Sept 9 (Reuters) - Chevron CVX.N plans to increase oil production in Argentina's Vaca Muerta shale formation to 30,000 barrels per day by the end of the year, the company's Argentina country manager Ana Moneto said on Tuesday.Speaking at the Argentina Oil and Gas conference in ...Reuters
3 hours ago
CANADA-CRUDE-Discount on Western Canada Select narrows
Sept 9 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed on Tuesday.WCS for October delivery in Hardisty, Alberta, settled at $11.20 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, compared with $11.40 a...Reuters
3 hours ago
Oil settles higher after Israeli attack on Qatar
Brent, US crude rise 0.6%US assurance to Qatar, fears of supply glut cap oil's gainsOil also supported by smaller-than-expected OPEC+ output hikeEIA says oil prices to drop sharply in months ahead on rising inventories By Shariq Khan NEW YORK, Sept 9 (Reuters) - Oil prices settled higher on T...Reuters
3 hours ago
US Cash Crude-Grades slip as domestic oil stocks rise
Sept 9 (Reuters) - Crude grades broadly fell on Tuesday, dealers said, as domestic oil stocks rose.U.S. crude, gasoline and distillate stocks rose last week, market sources said, citing American Petroleum Institute figures on Tuesday.Crude stocks rose by 1.25 million barrels in the week ended Septem...Reuters
3 hours ago
Natural Gas Pipeline Co Lifts Force Majeure On Compressor Station 343 In Liberty County, Texas
Sept 9 (Reuters) - KINDER MORGAN'S KMI.N NATURAL GAS PIPELINE COMPANY:LIFTS FORCE MAJEURE ON COMPRESSOR STATION 343 IN LIBERTY COUNTY, TEXAS(SEGMENT 25 OF NATURAL'S TEXOK ZONE)RELATED: nFWN3TP1WEReuters
3 hours ago
Chevron to boost Vaca Muerta output to 30,000 bpd by year-end
BUENOS AIRES, Sept 9 (Reuters) - Chevron CVX.N plans to increase oil production in Argentina's Vaca Muerta shale formation to 30,000 barrels per day by the end of the year, a company executive said on Tuesday.Speaking at the Argentina Oil and Gas conference in Buenos Aires, the executive said th...Reuters
3 hours ago
NextDecade greenlights Train 4 at Rio Grande LNG project
Sept 9 (Reuters) - U.S. liquefied natural gas producer NextDecade NEXT.O said on Tuesday it has reached a positive final investment decision for the fourth liquefaction plant, known as a train, of its Rio Grande export project in Texas.Reuters
4 hours ago
Iran, IAEA announce agreement on resuming nuclear inspections
Key sites bombed in June still off-limits to inspectorsDeal aimed at paving the way for inspections to resumeIran must also account for enriched uranium stockpileEuropeans threaten to re-impose sanctions if no progress DUBAI/VIENNA, Sept 9 (Reuters) - Iran and the U.N. nuclear watchdog said on Tu...Reuters
4 hours ago
CIF/FOB Gulf Grain-Soybean bids steady, corn eases as Midwest harvest begins
CHICAGO, Sept 9 (Reuters) - Basis bids for corn shipped by barge to U.S. Gulf Coast terminals eased and soybean bids were generally steady on Tuesday amid a lack of demand from China, the top soy buyer, with crop prices remaining under pressure at the start of the Midwest harvest, traders said.FOB b...Reuters
4 hours ago
Brazil coffee exports to US fall in August but surge elsewhere, industry says
By Oliver Griffin, Roberto Samora and Andre RomaniSAO PAULO, Sept 9 (Reuters) - Brazilian coffee exports to the United States fell 46% in August while sales to Latin American neighbors surged, coffee exporters group Cecafe reported on Tuesday, even as industry leaders said re-exporting Brazilian bea...Reuters
4 hours ago
