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COLUMN-Recycling pioneers race to close the rare earths scrap gap: Andy Home
By Andy Home LONDON, Sept 12 (Reuters) - How can the West break its dependency on China for rare earth magnets? The question has taken on new urgency after China restricted exports earlier this year, sending shockwaves through Western manufacturing chains. The race to build domestic mine-to-magne...Reuters
10 minutes ago
GRAINS-Soybeans, corn and wheat consolidate as USDA report looms
PARIS/BEIJING, Sept 12 (Reuters) - Chicago soybeans, corn and wheat futures were flat to slightly higher on Friday, consolidating before keenly anticipated U.S. government crop estimates that will give a pointer to the size of upcoming corn and soybean harvests.The most active soybean contract on th...Reuters
14 minutes ago
PRESS DIGEST-Canada - September 12
Sept 12 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Reducing emissions from Alberta's oil sands, including progress on a massive carbon-capture project, will be ...Reuters
21 minutes ago
RPT-BREAKINGVIEWS-Oil boom conceals a green energy jackpot
By Robert Cyran NEW YORK, Sept 11 (Reuters Breakingviews) - The fracking boom has already delivered one titanic surprise, making the United States the world’s largest oil producer in recent years. Long considered an environmental villain, this technology may have one more unexpected twist in stor...Reuters
24 minutes ago
Eni CEO, US delegation meet to bolster energy ties
Sept 12 (Reuters) - Eni's ENI.MI Chief Executive Claudio Descalzi met the U.S. energy and interior secretaries on Friday as Washington pushes to seal energy supply deals that it hopes will strengthen its influence in the region while weakening Russia's.In a series of meetings on the sideline...Reuters
29 minutes ago
GLOBAL LNG-Asian spot prices rise on geopolitical tensions, slow demand caps gains
By Emily Chow Sept 12 (Reuters) - Asian spot liquefied natural gas (LNG) prices inched up this week, lifted by geopolitical developments around Russian sanctions and tensions in the Middle East, though muted demand and high inventories in the region capped price gains. The average LNG price for ...Reuters
44 minutes ago
WRAPUP 2-Poland says Russian drone incursions could not have been a mistake, contradicting Trump
LATEST DEVELOPMENTSNATO chief and top commander to hold press conference EU extends sanctions on individuals over war in Ukraine Extended German air policing takes effect over Poland Russia dismisses concern about military exercise By Barbara Erling and Pawel Florkiewicz WARSAW, Sept 12 (Reuters)...Reuters
45 minutes ago
SOFTS-Raw sugar prices ease but remain on track for weekly gain
LONDON, Sept 12 (Reuters) - Raw sugar futures on ICE eased on Friday but were set for a small weekly gain while coffee and cocoa prices edged higher. SUGAR* Raw sugar SBc1 lost 0.6% to 15.72 cents per lb by 1107 GMT, though the market was on track for a weekly gain of 0.1% after two successive w...Reuters
an hour ago
Ukrainian drone attack suspended loading at Russian oil terminal, source says
KYIV, Sept 12 (Reuters) - A Ukrainian drone attack suspended oil loading operations at Russia's Primorsk port overnight, an official from Ukraine's SBU security service told Reuters on condition of anonymity.The official said that the attack caused fires at the facility, which is a key Russi...Reuters
an hour ago
EXCLUSIVE-EU could quit Russian gas within a year, US energy chief says
By Kate Abnett BRUSSELS, Sept 12 (Reuters) - The European Union could phase out Russian gas within six to 12 months by replacing it with U.S. liquefied natural gas, and the United States communicated this position to EU officials this week, U.S. energy secretary Chris Wright told Reuters on Frida...Reuters
an hour ago
METALS-Copper strides to five-month peak on hopes for US rate cuts
By Eric Onstad LONDON, Sept 12 (Reuters) - Copper prices hit their highest in more than five months on Friday, fuelled by investor expectations of U.S. interest rate cuts and concern over possible supply shortages.Three-month copper CMCU3 on the London Metal Exchange gained 0.5% to $10,097 per me...Reuters
2 hours ago
Oil prices steady as oversupply expectations offset risks to output
IEA expects oversupply to increase with OPEC+ output boostPrices supported by Chinese buying and war risksBrent and WTI benchmarks fell sharply in previous sessionBy Seher Dareen Sept 12 (Reuters) - Oil prices steadied on Friday as concern about oversupply and weaker U.S. demand were offset by su...Reuters
2 hours ago
Obamacare tax credits draw bipartisan support ahead of US government shutdown deadline
Bipartisan push to extend healthcare tax credits before end of yearPotential to be addressed in September 30 government funding debateNo funding deal yet By Bo EricksonWASHINGTON, Sept 12 (Reuters) - An unlikely alliance of Republicans and Democrats in the U.S. Congress is pushing to address expirin...Reuters
2 hours ago
US Gas stocks rise 71Bcf, above forecasts – ING
EIA data showed US natural Gas inventories increased by 71Bcf last week, exceeding expectations and the seasonal norm. Elevated stock levels and muted demand pushed Henry Hub prices lower in early trading, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
3 hours ago
UBS gold price target raised to $3,800/oz by end-2025
Sept 12 (Reuters) - UBS raised its gold price forecast on Friday by $300 to $3,800 per ounce by the end of 2025, and by $200 to $3,900 by mid-2026, citing anticipated Federal Reserve easing and U.S. dollar weakness linked to rate cuts and geopolitical risks.The Swiss bank also revised its estimate f...Reuters
3 hours ago
GASTECH-Swiss trader MET Group seeks US LNG to grow portfolio, Southeast Asia sales
By Emily Chow and Marwa Rashad MILAN, Sept 12 (Reuters) - Switzerland-based energy trader MET Group is looking to expand its liquefied natural gas (LNG) portfolio by securing more new supply from the United States that it can use as it builds its presence in Asia, its chief executive said."We...Reuters
4 hours ago
EU could phase out Russian oil and gas faster, US energy secretary says
BRUSSELS, Sept 12 (Reuters) - The European Union could phase out Russian oil and gas faster, adding that would be helpful in ending the war in Ukraine, U.S. Energy Secretary Chris Wright said on Friday.Speaking at an event in Brussels organised by the Centre for European Policy Studies think-tank, W...Reuters
4 hours ago
France demands release of citizens held in Iran after Tehran floats prisoner swap
PARIS, Sept 12 (Reuters) - France reiterated its demands on Friday for the immediate, unconditional release of three French citizens held in Iran, declining to comment on a possible prisoner swap mentioned this week by the Iranian foreign minister.Iran has been holding Cecile Kohler and her partner ...Reuters
4 hours ago
EU aluminium producers push for 30% scrap export levy
EU aluminium scrap exports hit record last yearTrump tariffs have increased Asian demand, industry body saysScrap is vital to sector's decarbonisation strategyBRUSSELS, Sept 12 (Reuters) - The European Union's aluminium sector is urging the European Commission to impose duties of around 30% ...Reuters
4 hours ago
