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Entergy's Texas unit receives approval to build natural gas power plants
Sept 11 (Reuters) - Entergy's ETR.N Texas unit said on Thursday it had received approval from the Public Utility Commission of Texas for its proposal to build two natural gas power plants amid rapidly increasing demand for electricity in the region.Power consumption in the United States is proje...Reuters
7 minutes ago
Head of commercial arm of Mexico's Pemex leaves post, sources say
By Stefanie Eschenbacher, Adriana Barrera and Ana Isabel MartinezMEXICO CITY, Sept 11 (Reuters) - Margarita Perez, the head of the commercial arm of Mexican state energy company Pemex, has left her position, according to four sources with knowledge of the matter and one internal email. PMI Comercio ...Reuters
12 minutes ago
Head of commercial arm of Mexico's Pemex leaves post, sources say
MEXICO CITY, Sept 11 (Reuters) - Margarita Perez, the head of the commercial arm of Mexican state energy company Pemex, has left her position, according to four sources with knowledge of the matter and one internal email.Reuters
21 minutes ago
EXCLUSIVE-Canada may drop oil emissions cap as part of new climate plan, sources say
Canada considers scrapping oil emissions cap for climate strategyAlberta must commit to emissions reduction for cap removalOil sector's emissions rise, risking climate goals by 2030By Amanda Stephenson CALGARY, Sept 11 (Reuters) - Canada's government is in discussions with energy companie...Reuters
23 minutes ago
SOFTS-Arabica coffee slips from four-month highs while cocoa gains
NEW YORK, Sept 11 (Reuters) - Arabica coffee futures on ICE slipped on Thursday, with the market consolidating after hitting four-month highs this week, while cocoa closed higher. COFFEE* Arabica coffee KCc2 settled down 0.8 cent, or 0.2%, at $3.861 per lb, having hit its highest since early May...Reuters
25 minutes ago
CANADA-CRUDE-Discount on Western Canada Select narrows
Sept 11 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 narrowed on Thursday.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 $11.30...Reuters
30 minutes ago
US Cash Crude-Grades little changed as investors weigh global demand reports
Sept 11 (Reuters) - Grades were little changed on Thursday, dealers said, as markets weighed conflicting demand reports amid concerns of global oversupply. WTI Midland and WTI at East Houston, also known as MEH, were flat, while Mars gained 5 cents.OPEC made no changes to its relatively high global ...Reuters
35 minutes ago
ICE canola futures follow soyoil for small gain
WINNIPEG, Manitoba, Sept 11 (Reuters) - ICE canola futures followed Chicago soyoil higher on Thursday, chalking up a second day of gains.• November canola RSX5 settled up $3.60 at $631.70 per metric ton. January settled up $3.40 at $644.10.• Canola futures have seen little direction in recent sessio...Reuters
2 hours ago
Chemicals maker Dow sees positive polyethylene price action in September
By Pooja Menon Sept 11 (Reuters) - Dow DOW.N CEO Jim Fitterling said on Thursday the polyethylene market is setting up for positive price action in September following a dip in the second quarter due to tariff uncertainties."There's no sign that there's a massive inventory build....Reuters
2 hours ago
Deals of the Day-Mergers and acquisitions
Sept 11 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1930 GMT on Thursday:** Paramount Skydance PSKY.O is preparing a majority cash bid for Warner Bros Discovery WBD.O that is backed by the Ellison family, the Wall Street Journal reported on Thursday, citing p...Reuters
2 hours ago
Oil prices slide 2% on worries about global oversupply, US demand
IEA expects oversupply to increase with OPEC output boostSaudi Arabia's crude oil exports to China set to surge in OctoberUS consumer prices rise, Fed likely to cut ratesBy Scott DiSavino NEW YORK, Sept 11 (Reuters) - Oil prices slid on Thursday, settling about 2% lower as concerns over possi...Reuters
3 hours ago
Southwest Airlines eyes long-haul flights in strategic overhaul
Southwest considers wide-body aircraft for long-haul international routesNew premium lounges to boost loyalty revenue and credit card appealSouthwest's margins lag behind Delta and United AirlinesBy Rajesh Kumar SinghCHICAGO, Sept 11 (Reuters) - Southwest Airlines LUV.N CEO Bob Jordan said on Th...Reuters
3 hours ago
US natgas prices fall 3% 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 fell about 3% to a two-week low on Thursday ...Reuters
3 hours ago
CBOT corn higher on position squaring
CHICAGO, Sept 11 (Reuters) - Chicago Board of Trade corn futures rose on Thursday on position squaring ahead of a monthly U.S. Department of Agriculture supply and demand report due on Friday. The USDA is expected to trim its U.S. corn yield forecast in its monthly report on Friday, although the age...Reuters
3 hours ago
CBOT soybeans gain strength ahead of USDA report
CHICAGO, Sept 11 (Reuters) - Chicago Board of Trade soybean futures increased on Thursday after a two-day decline as traders squared positions before a government crop report on Friday that will include closely watched U.S. corn and soybean harvest forecasts.The USDA is expected to trim its U.S. soy...Reuters
3 hours ago
US energy secretary downplays climate risks as Washington seeks EU gas deals
Wright promotes fossil fuels as key to stable energyTrump administration's stance contrasts with global climate goalsEnvironmentalists urge focus on cleaner energy alternativesBy Julia Payne and Timothy Gardner BRUSSELS/WASHINGTON, Sept 11 (Reuters) - U.S. Energy Secretary Chris Wright downpl...Reuters
4 hours ago
US eyes stronger energy ties with Greece, says interior secretary
ATHENS, Sept 11 (Reuters) - The U.S. wants to expand its energy ties with Greece, Interior Secretary Doug Burgum said during a visit to Athens on Thursday, as the Trump administration works to further reduce Russia's oil and gas supplies to Europe. Burgum has been in Europe this week aiming to s...Reuters
4 hours ago
US Plains HRW Wheat-Basis remains flat, farmers harvest corn crop
Sept 11 (Reuters) - Basis bids for hard red winter (HRW) wheat stayed steady at grain elevators in the southern U.S. Plains on Thursday as farmers were harvesting corn, dealers said.Farmers in northern Oklahoma focused on bringing in their corn crops from the fields before turning to planting their ...Reuters
4 hours ago
Deere & Co Brazil sales could fall amid global trade tensions, executive says
By Oliver Griffin and Ana Mano SAO PAULO, Sept 11 (Reuters) - Global agricultural machinery manufacturer Deere & Co.'s DE.N sales in Brazil could fall by a single-digit percentage in 2026 amid global uncertainties related to U.S. President Donald Trump's tariffs and high interest rate...Reuters
4 hours ago
