|
|
18.07.25 - 14:48
|
Soybeans Rallying on Friday Morning (Barchart)
|
|
Soybeans are continuing the push back in the direction if the spring highs, with contracts up 10 to 12 cents across the nearbys. Price action rounded out the Thursday session with contracts up 5 to 8 cents.......
|
|
18.07.25 - 14:48
|
Wheat Getting a Friday Morning Bounce Back (Barchart)
|
|
Wheat is trading with gains across the three markets on Friday morning, in some cases of as much as double digits in KC. A weaker dollar is supportive. The wheat market faced losses on Thursday, spearheaded......
|
|
18.07.25 - 14:48
|
Cotton Sneaking Out Gains on Friday AM Trade (Barchart)
|
|
Cotton price action is up 14 to 22 points across the front months on Friday morning. Futures saw strength on the Thursday session with contracts up 24 to 30 points at the close. Crude oil futures were......
|
|
|
|
|
|
|
|
18.07.25 - 14:00
|
EU Rolls Out Toughest Oil Sanctions Yet On Russia In 18th Round (ZeroHedge)
|
|
EU Rolls Out Toughest Oil Sanctions Yet On Russia In 18th Round
Brent crude futures rose earlier after the European Union approved its 18th round of sanctions against Russia over the war in Ukraine. However, with a multi-year track record of Western sanctions—and repeated predictions by their leaders that Moscow would collapse due to lost oil revenue—the question now is: What makes this package so different this time around?
EU foreign policy chief Kaja Kallas revealed the new sanctions package on Russia in a post on X, describing it as "one of the strongest sanctions packages against Russia to date."
According to Reuters, the new sanctions package will lower the G7's price cap for purchasing Russian crude oil to $47.60 per barrel. The current cap is $60, making this a significant discount. Bloomberg reported that the new cap will range between $45 and $50, and will be automatically revised twice a year based on market prices.
The sanctions package didn't stop with a revi...
|
|
|
|
|
|
18.07.25 - 13:24
|
BP agrees to sell US onshore wind business as it shifts back to oil (The Guardian)
|
|
Company to sell business for undisclosed sum to LS Power as part of plan to offload $20bn in assetsBP has agreed a deal to sell off its onshore wind business in the US as the oil multinational turns its back on renewable energy after a failed attempt to go green.The company said it would sell its share of 10 windfarms, which generate enough clean energy to power more than 500,000 US homes, to the New York-headquartered LS Power. Continue reading......
|
|
|
|
|
|