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US Cash Crude-Grades mixed on final day of volatile roll trade period
Aug 25 (Reuters) - U.S. crude grades pulled in different directions on Monday, the third and final day of a volatile roll trading period, dealers said. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. c...Reuters
5 minutes ago
Trump administration plans to cancel approval of Maryland offshore wind project
Aug 25 (Reuters) - The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing in the U.S. District Court in Delaware on Friday.In the filing, attorneys from the Department of Justice asked t...Reuters
11 minutes 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
25 minutes ago
CBOT wheat higher on spillover strength from corn
CHICAGO, Aug 25 (Reuters) - Chicago Board of Trade wheat futures rose on Monday on spillover support from corn futures and hopes of U.S. export sales with Black Sea prices robust. Corn futures rose after a crop tour forecasted the U.S. corn harvest below estimates from the U.S. Department of Agricul...Reuters
34 minutes ago
Trump administration plans to cancel approval of Maryland offshore wind project
Aug 25 (Reuters) - The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing submitted by Attorney General Pam Bondi in the U.S. District Court in Delaware on Friday.US Wind is owned by fun...Reuters
38 minutes ago
CBOT soybeans down as traders assess Chinese demand
CHICAGO, Aug 25 (Reuters) - Chicago Board of Trade soybean futures fell on Monday after hitting two-month highs on Friday, as industry players lost confidence that Chinese buyers would purchase U.S. soybeans, while dealers assessed exemptions granted to U.S. crude oil refiners for use of soy-based b...Reuters
45 minutes ago
US halt of wind project defies explanation, New England officials say
State leaders demand explanation for stop-work order on wind projectGrid operator warns delay risks reliability for 15 million peopleGreen Oceans group supports halt, citing flawed permitting processBy Nichola Groom Aug 25 (Reuters) - The Trump administration's order to halt work on a nearly ...Reuters
57 minutes ago
Oil prices rise as Russia-Ukraine war threatens supply disruption
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 around 2% on Monday, continuing last wee...Reuters
an hour ago
EXCLUSIVE-Canada's Alberta eyes investment in Japan's refining to boost oil exports, sources say
Alberta may help pay for a coker in a Japanese refineryCanada aims to diversify oil export markets beyond U.S.Refining upgrade could help Japan process Canadian heavy crudeBy Amanda Stephenson and Arathy Somasekhar CALGARY/HOUSTON, Aug 25 (Reuters) - Canada's main oil-producing province of Al...Reuters
2 hours ago
US natural gas slides to 10-month low as summer demand fades
LNG export flows increase as plants exit outagesU.S. LNG exports seen rising 10% annually through 2030Lower 48 demand seen falling from 111 bcfd this week to 104 bcfd in two weeks Aug 25 (Reuters) - U.S. natural gas futures fell to a 10-month low on Monday, pressured by forecasts for cooler weath...Reuters
2 hours ago
ICE canola futures fall with soyoil
WINNIPEG, Manitoba, Aug 25 (Reuters) - ICE canola futures fell on Monday as weakness in Chicago soyoil spilled over.• November canola RSX5 settled down $7.10 at $659.40 per metric ton. January RSF6 fell $6 to $671.50. • Cool and wet weather across much of Western Canada has slowed harvest progress a...Reuters
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours ago
