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EXCLUSIVE-EPIC Crude pipeline owners explore $3 billion sale, sources say
Pipeline currently owned by Ares, Diamondback, and KinetikValuation likely will fall in range of $2.5-$3.5 billionDiamondback, Kinetik CEOs have hinted openness to dealing stakesEPIC Crude ships 600,000-plus barrels per day to US Gulf coastBy David French and Arathy Somasekhar NEW YORK/HOUSTON, A...Reuters
11 minutes ago
CBOT corn ticks higher on crop tour results
CHICAGO, Aug 25 (Reuters) - Chicago Board of Trade corn futures firmed on Monday after a crop tour forecast the U.S. harvest below estimates from the U.S. Department of Agriculture.Consultancy Pro Farmer on Friday forecast U.S. farmers would harvest a record corn crop, though its estimate put the cr...Reuters
19 minutes ago
SOFTS-Arabica coffee sets 3-1/2-month high, NY cocoa gains 3%
NEW YORK, Aug 25 (Reuters) - Arabica coffee futures hit a 3-1/2-month high on Monday as certified stocks at ICE exchange fell and this year's Brazilian crop looked smaller than initially expected.There was no trading for robusta coffee, white sugar and London cocoa due to a banking holiday in th...Reuters
32 minutes ago
Motiva Port Arthur, Texas Refinery Reports Emissions
Aug 25 (Reuters) - MOTIVAMOTIV.UL:REPORTS PORT ARTHUR MANUFACTURING COMPLEX (PAMC) EXPERIENCED A PROCESS INCIDENT SAYS IT RESULTED IN PRESSURE RELIEF VALVE RELIEVING TO FLARE WITH EMISSIONS IN EXCESS OF A REPORTABLE QUANTITY AT PORT ARTHUR, TEXAS REFINERY SAYS OPERATIONS TOOK IMMEDIATE ACTIONS TO ST...Reuters
39 minutes ago
US halt of wind project hurts New England grid reliability and jobs, officials say
Aug 25 (Reuters) - The Trump administration's order to halt work on a major wind farm under construction off the coast of Rhode Island threatens grid reliability and jobs, energy and labor officials said on Monday.ISO New England, which operates the grid in six states, and North America's Bu...Reuters
47 minutes ago
PRECIOUS-Gold holds steady as markets await cues on Fed policy path
Gold hit two-week peak on Friday Markets expect 86% chance of a Sept rate cut, as per CME FedWatchUS PCE due on FridayBy Sarah Qureshi Aug 25 (Reuters) - Gold prices held steady on Monday, as the market's focus shifted to upcoming U.S. PCE data for cues on the Federal Reserve's policy pat...Reuters
an hour ago
GRAINS-Soybeans fall as hopes for Chinese demand wane; corn, wheat firm
Chicago soybeans fall on lack of Chinese demand, U.S. biofuel exemptionsCorn and wheat firmBy Heather Schlitz CHICAGO, Aug 25 (Reuters) - Chicago soybeans fell on Monday after hitting two-month highs on Friday, as industry players lost confidence that Chinese buyers would purchase U.S. soybeans, ...Reuters
an hour ago
Oil prices rise as Russia-Ukraine peace talks drag on
Ukraine drone attacks target Russian energy infrastructureUS vice president says Russia has made 'significant concessions'Federal Reserve Chair Powell signals possible September rate cut By Nicole Jao NEW YORK, Aug 25 (Reuters) - Oil prices climbed on Monday as traders anticipated more U....Reuters
an hour ago
US Interior Department proposes adding copper to critical minerals list
WASHINGTON, Aug 25 (Reuters) - The U.S. on Monday proposed adding copper and potash among others to the draft critical minerals list for 2025, for their importance to the economy and national security.The Geological Survey, a branch of the U.S. Department of the Interior, released the draft list in ...Reuters
an hour ago
US Cash Grains-Soybean processor basis bids steady-to-lower
CHICAGO, Aug 25 (Reuters) - Spot basis bids for soybeans delivered to U.S. Midwest processors were steady-to-lower on Monday due to easing demand, while corn bids fell at some ethanol plants, grain merchants said. Soy processors have lowered their bids as some facilities are set to suspend operati...Reuters
an hour ago
German company is set to scrap politically sensitive Chinese turbine deal
Order had sparked security fears as rivalry with China intensifiesDecision removes potential flashpoint for new Chancellor MerzMing Yang says no longer involved in projectMerz set to make inaugural trip to China later this yearBy Riham Alkousaa and Sarah Marsh BERLIN, Aug 25 (Reuters) - A German ...Reuters
2 hours ago
StoneX forecasts Brazil's 2025-2026 Arabica crop to fall almost a fifth
SAO PAULO, Aug 25 (Reuters) - Brazil's 2025-2026 Arabica coffee crop is forecast to fall 18.4% versus the 2024-2025 crop according to consultancy StoneX, which expects the country to produce some 36.5 million 60-kilogram bags of the commodity. The forecast decline follows an underwhelm...Reuters
2 hours ago
Cocoa trader Touton in exclusive talks to be sold to Hartree
LONDON, Aug 25 (Reuters) - French cocoa trader Touton SA said on Monday it was in exclusive talks to be sold to commodity and energy trader Hartree Partners.The deal is expected to close in early January 2026, subject to consultation with employees' representatives, regulatory approvals and sati...Reuters
3 hours ago
Keurig Dr Pepper brews coffee challenge to Nestle with $18 billion JDE Peet's takeover
Deal represents 20% premium to JDE Peet's Friday's closeKDP plans to split coffee from beverages, form two listed companies after transactionJDE Peet's shares up 17%, KDP's US-listed shares down 7%New coffee unit would rival Nestle's coffee businessBy Mateusz Rabiega and Juveria ...Reuters
3 hours ago
Kazakhstan presses on with $4.4 billion fine against Kashagan consortium
ALMATY, Aug 25 (Reuters) - Kazakhstan's regional ecological department is pressing ahead with an around $4.4 billion fine against an international consortium developing the country's giant Kashagan oilfield, according to an official document and a source, amid prolonged legal battles.The NCO...Reuters
4 hours ago
Orsted shares sink to record lows after US halts wind farm off Rhode Island
Orsted shares drop 17% after US halts wind farm projectOrsted's project was 80% complete Orsted plans $9.4 billion rights issue despite setbackDenmark's strained US relations may hinder diplomatic effortsGovernors criticize suspension, pledge to reverse orderBy Stine Jacobsen, Jacob Gronholt...Reuters
4 hours ago
Kazakhstan presses on with $4.4 billion fine against Kashagan consortium
ALMATY, Aug 25 (Reuters) - Kazakhstan's regional ecological department is pressing ahead with a fine of some $4.4 billion against an international consortium developing the country's giant Kashagan oilfield, according to an official document and a source, amid prolonged legal battles.The con...Reuters
5 hours ago
