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18.07.25 - 20:06
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EU and UK lower price cap on Russian oil in bid to curb Kremlin′s war on Ukraine (The Guardian)
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EU's foreign policy chief says latest sanctions package is 'one of the strongest' to dateThe EU and the UK have agreed to lower the price cap on Russian oil in a move to further clamp down on the Kremlin's ability to wage war on Ukraine.The EU has agreed to lower the cap on seaborne oil exports to $47.60 from $60 a barrel as part of what its foreign policy chief, Kaja Kallas, called “one of [the] strongest sanctions packages against Russia to date”. Continue reading......
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18.07.25 - 19:36
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Soybeans Posting Friday Gains (Barchart)
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Soybeans are trading with 8 to 8 cent gains at midday, backing off from early double digit gains. The cmdtyView national average new crop Cash Bean price is up 6 ½ cents today at $9.89 3/4. Soymeal futures......
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18.07.25 - 19:36
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Cattle Fading onto the Weekend (Barchart)
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Live cattle futures are easing back on Friday, with contracts down 57 cents to $1.07, as August is still being held up by cash. Cash trade has been light this week, with light trade picked up in KS at......
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18.07.25 - 19:36
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Cotton Slipping Lower into the Weekend (Barchart)
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Cotton price action is trading with 17 to 42 point losses across the nearby contracts on Friday. Crude oil futures are back down 16 cents per barrel, with the US dollar index down $0.301 to $98.145. The......
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18.07.25 - 19:30
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Corn Bulls Pushing Higher into the Weekend (Barchart)
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Corn price action is holding onto the Friday gains as shorts are coving ahead of the weekend, with contracts 6 to 7 cent higher at midday. The CmdtyView national average Cash Corn price is $3.95, with......
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18.07.25 - 18:36
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Is Silver on the Way to a New High? (Barchart)
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After forming a bullish key reversal pattern on its 2025 second-quarter chart, silver futures have risen to a fourteen-year high. It may not be long before silver challenges the 2011 and 1980 highs, as......
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18.07.25 - 18:31
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Chevron CEO Says Hess Deal Is Good For The Oil Industry (Bloomberg)
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Chevron Corp. won its arbitration battle with Exxon Mobil Corp. and has closed its $53 billion deal to buy Hess Corp. more than 20 months after the takeover was announced.
The decision is a major victory for Chevron, ending a period of strategic limbo that hurt its stock and prompted questions over the quality of the company's due diligence when it agreed to buy Hess in October 2023. Chevron Chief Executive Officer Mike Wirth said he would walk away from the deal if they lost the case.
“This creates a premier international and oil and gas company,” Wirth said in an interview with Bloomberg Television.
Bloomberg's Vincent Piazza reports. (Source: Bloomberg)...
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