News
Important Only
Trump India nominee: US, India 'not that far apart' on tariffs
WASHINGTON, Sept 11 (Reuters) - Republican President Donald Trump's nominee to be the U.S. ambassador to India said on Thursday that Washington and New Delhi are "not that far apart" on tariffs."We're not that far apart on a deal on these tariffs," Sergio Gor, a close Trump a...Reuters
4 minutes ago
Euronext wheat steadies as USDA report looms
PARIS/HAMBURG, Sept 11 (Reuters) - European wheat futures rose on Thursday to edge away from contract lows as traders adjusted positions before widely followed U.S. government crop forecasts on Friday.December milling wheat BL2Z5 on Euronext was up 0.5% at 189.75 euros ($222.69) per metric ton by 15...Reuters
9 minutes ago
EU sticks to 2028 Russian gas exit after talks with US energy chief
By Kate Abnett, Charlotte Van Campenhout and Julia Payne BRUSSELS, Sept 11 (Reuters) - The EU is sticking to its deadline to phase out Russian oil and gas imports by 2028, EU Energy Commissioner Dan Jorgensen said on Thursday after a meeting with U.S. Energy Secretary Chris Wright.The EU is negot...Reuters
24 minutes ago
US natgas prices ease to 2-week low on big storage build, lower LNG export flows
EIA reports 71 bcf weekly gas storage build, close to analyst forecastsWaha Hub prices plummet due to pipeline constraints in Permian basinAccuWeather forecasts fewer Atlantic storms this seasonBy Scott DiSavinoSept 11 (Reuters) - U.S. natural gas futures eased about 1% to a two-week low on Thursday...Reuters
36 minutes ago
METALS-Copper claws above $10,000 on weaker dollar after US data
By Eric Onstad LONDON, Sept 11 (Reuters) - Copper prices pushed back above $10,000 a metric ton on Thursday, boosted by a weaker dollar after U.S. data gave investors more confidence that U.S. interest rates will be cut next week. Three-month copper CMCU3 on the London Metal Exchange rose 0....Reuters
48 minutes ago
Northwest US natgas prices reach historic lows in 2025, EIA says
Sept 11 (Reuters) - Monthly average natural gas spot prices in the Northwestern U.S. have hit record lows this year, driven by increased Canadian gas supply and muted regional demand for natural gas-fired power, the Energy Information Administration said on Thursday.Daily spot prices at the Northwes...Reuters
52 minutes ago
Glenfarne, South Korea's POSCO International sign 20-year LNG supply deal
Sept 11 (Reuters) - Glenfarne's Alaska LNG unit said on Thursday it had signed a preliminary agreement to supply 1 million tonnes per annum (mtpa) of LNG to South Korean trading firm POSCO International 047050.KS for 20 years from its planned export project.Global demand for liquified natural ga...Reuters
54 minutes ago
ARA gasoline stocks up 2.5%
LONDON, Sept 11 (Reuters) - Gasoline stocks held independently in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by 2.5%, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks stood at 1.18 million metric tons the data showed.Naphtha inventories rose ove...Reuters
an hour ago
US Cash Grains-Corn basis bids mixed in Midwest
CHICAGO, Sept 11 (Reuters) - Spot basis bids for corn were mixed in the U.S. Midwest on Thursday, dealers said, after some farmers have recently been delivering old-crop supplies to grain elevators.The corn basis rose by 4 cents a bushel at an elevator in Cincinnati, Ohio, and by 8 cents at a river ...Reuters
an hour ago
SOFTS-Arabica coffee slips from four-month highs while cocoa gains
LONDON, Sept 11 (Reuters) - Arabica coffee futures on ICE slipped on Thursday, with the market consolidating after hitting four-month highs this week, while cocoa headed higher. COFFEE* Arabica coffee KCc2 edged down 0.1% to $3.8670 per lb at 1341 GMT, having hit its highest since early May at $...Reuters
an hour ago
US CPC sees 71% chance of La Niña during Oct-Dec
Sept 11 (Reuters) - A transition from El Nino-Southern Oscillation (ENSO) neutral to La Niña is likely in the next couple of months, with a 71% chance of La Niña during October to December, the U.S. Climate Prediction Center said on Thursday. "Thereafter, La Niña is favored but chances decrease ...Reuters
2 hours ago
Oil prices fall nearly 2% on oversupply and weaker US demand
IEA expects oversupply to increase with OPEC output boostEIA reports bigger than expected rise in oil stocksUS consumer prices data due later on ThursdayBy Seher Dareen LONDON, Sept 11 (Reuters) - Oil prices fell on Thursday, pressured by concerns over softening U.S. demand and broad oversupply t...Reuters
2 hours ago
Deals of the Day-Mergers and acquisitions
Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Thursday:** Czech generic drugmaker Zentiva 1SKF401E.BV said that private equity group Advent International had agreed to sell the company to rival GTCR for an undisclosed value. The Financial Ti...Reuters
2 hours ago
US natgas prices ease to 2-week low ahead of federal storage report
Gas storage build expected larger than usual, despite output dropsWaha Hub prices plummet due to pipeline constraints in Permian basinAccuWeather forecasts fewer Atlantic storms this seasonBy Scott DiSavinoSept 11 (Reuters) - U.S. natural gas futures eased about 1% to a two-week low on Thursday on r...Reuters
2 hours ago
EU's $750 billion planned energy investment is ambitious but doable, says U.S. Energy Secretary
BRUSSELS, Sept 11 (Reuters) - U.S. Energy Secretary Chris Wright sees the European Union's $750 billion planned energy investment as very ambitious but doable, he said on Thursday after meeting with EU Energy Commissioner Dan Jorgensen.The EU has pledged to buy $750 billion worth of American ene...Reuters
2 hours ago
CBOT Trends-Wheat down 2-3 cents, corn steady, soybeans up 5-7 cents
CHICAGO, Sept 11 (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 Thursday.NOTE: Traders await monthly supply/demand reports, including updated U.S. crop estimates, due from the U.S. Depar...Reuters
2 hours ago
Low-sulphur gasoil deliveries for September fall at expiry, ICE data shows
Sept 11 (Reuters) - Deliveries of low-sulphur gasoil LGOc1 for September fell to 788 lots or 78,800 tons at expiry, down from 2,198 lots in August, Intercontinental Exchange data showed on Thursday.The contract expired at $688.5 a ton.Reuters
2 hours ago
US CPC sees 71% chance of La Niña during Oct-Dec
Sept 11 (Reuters) - A transition from El Nino-Southern Oscillation (ENSO) neutral to La Niña is likely in the next couple of months, with a 71% chance of La Niña during October to December, the U.S. Climate Prediction Center said on Thursday. "Thereafter, La Niña is favored but chances decrease ...Reuters
3 hours ago
Brazil's Conab raises soy, corn output estimates as season draws to a close
By Ana Mano SAO PAULO, Sept 11 (Reuters) - Brazilian farmers harvested a record 171.47 million metric tons of soybeans and a record 139.67 million tons of corn in the 2024/2025 season, Brazilian crop agency Conab said on Thursday in its final grain production report covering the period.The final ...Reuters
3 hours ago
World oil market to see higher surplus after OPEC+ hike, IEA says
IEA expects global supply to rise by 2.7 million bpd in 2025Raises demand growth forecast this year to 740,000 bpdImplied surplus to exceed 3 million bpd in 2026OPEC sees higher demand and implies market deficit in 2026By Alex Lawler LONDON, Sept 11 (Reuters) - World oil supply will rise more rap...Reuters
3 hours ago
