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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
6 minutes ago
Aris Mining reports safe recovery of all workers at Colombia mine
Sept 24 (Reuters) - Aris Mining ARIS.TO said on Wednesday all 23 workers who were trapped underground at the La Reliquia Mine in Colombia have been safely brought to the surface. The company reported on Tuesday a collapse had occurred at the mine's main shaft access.Of the 23 workers trapped, fi...Reuters
25 minutes ago
UN chief tells countries new climate targets must go 'futher, faster'
By Valerie Volcovici WASHINGTON, Sept 24 (Reuters) - United Nations Secretary-General Antonio Guterres on Wednesday called on all countries that are party to the Paris climate agreement to set new climate plans for the year 2035 that achieve faster and deeper emission reduction cuts than they'...Reuters
27 minutes ago
Oil prices surge 2% to 7-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 2% to a seven-week high...Reuters
27 minutes ago
Aurubis starts production at US copper recycling plant
HAMBURG, Sept 24 (Reuters) - Aurubis AG NAFG.DE, Europe's largest copper producer, said on Wednesday it had started production at its newly built U.S. metal recycling plant at Richmond in Georgia. The plant will reduce the need for U.S. metal imports, with production expected to reach full capac...Reuters
57 minutes ago
Ben Carson joins USDA as nutrition adviser
WASHINGTON, Sept 24 (Reuters) - Ben Carson, a former U.S. housing secretary and retired neurosurgeon, was sworn in on Wednesday as a national adviser on nutrition, health and housing at the U.S. Department of Agriculture, the agency said.Carson, who served as Housing and Urban Development secret...Reuters
an hour ago
California AG pledges more lawsuits against Trump's green rollbacks, oil companies
California's strategy is to counter push to expand fossil fuelsBonta says administration has 'head-in-the-sand' attitude to climate changeBy Valerie Volcovici and Sheila Dang Sept 24 (Reuters) - California Attorney General Rob Bonta said on Wednesday his state would continue to sue th...Reuters
an hour ago
'Right now we are bleeding': Oilfield execs dour in Dallas Fed energy survey
Uncertainty in oil prices affects investment decisions, Dallas Fed survey revealsGeopolitical tensions and OPEC+ actions influence oil price fluctuationsExecutives foresee shale drilling viability outside US, Canada, ArgentinaBy Georgina McCartney HOUSTON, Sept 24 (Reuters) - Oil and gas activity...Reuters
an hour ago
GRAINS-Soybeans near six-week low as China shuns US supplies, buys Argentine crop
Soybeans resume fall after technical bounce on TuesdayChina buyers book Argentine cargoes, keeping US sidelinedCorn subdued, wheat recovers from lows as demand stirsBy Karl Plume CHICAGO, Sept 24 (Reuters) - U.S. soybean futures eased on Wednesday on export concerns as large sales of Argentine so...Reuters
an hour ago
Italian navy ship won't use military force in assisting Gaza flotilla, PM says
NEW YORK, Sept 24 (Reuters) - An Italian navy ship sent to assist an international aid flotilla attacked overnight on its way to Gaza is not expected to use military force, Prime Minister Giorgia Meloni said on Wednesday.Meloni, who spoke to journalists in New York where she is attending the U.N. Ge...Reuters
an hour ago
US intends to cancel $13 billion in funds for green energy
Sept 24 (Reuters) - The U.S. Department of Energy intends to cancel more than $13 billion in funds that the Biden administration had pledged to subsidize wind, solar, batteries and electric vehicles, it said on Wednesday. It was not immediately clear which funds were being targeted. The department d...Reuters
2 hours ago
Marathon Wilmington, California Refinery Reports Planned Flaring
Sept 24 (Reuters) - MARATHON PETROLEUM: REPORTS PLANNED FLARING AT WILMINGTON, CALIFORNIA REFINERY DUE TO ESSENTIAL OPERATIONAL NEEDSOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILING CAPACITY: 365,000 BARRELS PER DAYReuters
2 hours ago
EXCLUSIVE-G7 weighs price floors for rare earths to counter China's dominance, sources say
G7 technical teams met in Chicago in SeptemberForm of carbon tax on China being considered, sources sayChina introduced rare earth export controls in April European firms struggling to secure suppliesBy Julia Payne and Divya Rajagopal BRUSSELS/TORONTO, Sept 23 (Reuters) - Group of Seven (G7) memb...Reuters
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours ago
