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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
7 minutes ago
Black Rock Coffee Bar Announces Pricing Of IPO At $20/Share
Sept 12 (Reuters) - BLACK ROCK COFFEE BAR ANNOUNCES PRICING OF INITIAL PUBLIC OFFERINGBLACK ROCK COFFEE BAR: PRICING OF INITIAL PUBLIC OFFERING OF 14,705,882 SHARES OF ITS CLASS A COMMON STOCK AT A PRICE TO PUBLIC OF $20.00 PER SHAREReuters
20 minutes ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 12 (Reuters) - Contract Target Support/Resistance Brent oil (1st mth)$65.73/$65.07res $66.79/$67.33Palm oil (3rd mth)4,506 ringgitsup 4,444/4,427/4,405 ringgitWTI* (1st mth)$61.81/$61.27res $63.01/$63.42Spot gold$3,623/$3,591/$3,539res $...Reuters
56 minutes ago
Gold Price Forecast: XAU/USD edges lower below $3,650 on profit-taking
The Gold price (XAU/USD) edges lower to around $3,630 during the early Asian session on Friday. The precious metal retreats from a record high on some profit-taking. Nonetheless, the rising bets of the US Federal Reserve (Fed) rate cut in the upcoming meeting might cap its downside.
Fxstreet
an hour ago
Lundin Gold CEO Ron Hochstein to step down
Sept 11 (Reuters) - Lundin Gold LUG.TO said on Thursday Ron Hochstein would step down as CEO after a decade, and be succeeded by Jamie Beck.Beck was the former CEO of copper miner Filo Corp, where he steered exploration and development initiatives. His new appointment would be effective November 7, ...Reuters
2 hours ago
Valero overhauling FCCU at Tennessee refinery, sources say
HOUSTON, Sept 11 (Reuters) - Valero Energy Corp VLO.N is overhauling the gasoline-producing fluidic catalytic cracking unit (FCCU) at its 180,000 barrel-per-day Memphis, Tennessee refinery, people familiar with plant operations said on Thursday. A Valero spokesperson was not immediately available to...Reuters
2 hours ago
Brazil says US order removed most Brazil pulp exports from 10% tariffs
SAO PAULO, Sept 11 (Reuters) - The United States issued an executive order on September 5 removing most Brazilian pulp exports from a 10% tariff, the Brazilian Ministry of Industry, Development, Trade and Services said on Thursday.The Trump administration raised tariffs on most U.S. imports from Bra...Reuters
2 hours ago
Mexico's Pemex replaces head of commercial arm
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 and will be replaced by finance ministry official Adan Garcia, a spokesperson for the company...Reuters
2 hours ago
CBOT wheat rises on short covering
CHICAGO, Sept 11 (Reuters) - Chicago Board of Trade wheat futures rose on Thursday on short covering, though swelling global supply hung over the market.The USDA is expected to report a slight decrease in U.S. wheat ending stocks in its monthly report on Friday, while world wheat stocks are forecast...Reuters
2 hours ago
Valero overhauling FCCU at Tennessee refinery, sources say
HOUSTON, Sept 11 (Reuters) - Valero Energy Corp VLO.N is overhauling the gasoline-producing fluidic catalytic cracking unit (FCCU) at its 180,000 barrel-per-day (bpd) Memphis, Tennessee refinery, people familiar with plant operations said on Thursday. A Valero spokesperson was not immediately availa...Reuters
2 hours ago
LIVESTOCK-Cattle futures bounce on short covering
CHICAGO, Sept 11 (Reuters) - Chicago Mercantile Exchange cattle futures ticked higher on Thursday on a short-covering bounce, though a weaker cash market and concerns around consumer demand for beef continued to weigh on the market.Cattle futures also benefited from rising grains futures, which stea...Reuters
2 hours ago
CIF/FOB Gulf Grain-Corn, soybean basis bids steady-lower ahead of USDA report
CHICAGO, Sept 11 (Reuters) - Basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals were steady to slightly lower on Thursday, even as supplies tightened in interior markets and farmer selling has slowed ahead of harvest, traders said.Higher barge freight rates also have been...Reuters
2 hours 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
3 hours ago
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
3 hours 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
4 hours 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
4 hours 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
4 hours 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
4 hours 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
4 hours ago
