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WTI crude oil futures touched $82 per barrel, up 0.97% on the day.
2026-08-14
WTI crude oil futures touched $82 per barrel, up 0.97% on the day.
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2026-08-14
Philippine President: No discussions have been held with anyone regarding the 2028 election.
Philippine President: No discussions have been held with anyone regarding the 2028 election.
2026-08-14
London white sugar futures rose for a third consecutive week, trimming a Friday dip and finishing the week more than 2% higher after earlier hitting the strongest level since April 2025. The move has widened the refined-vs-raw sugar premium, a key in
London white sugar futures rose for a third consecutive week, trimming a Friday dip and finishing the week more than 2% higher after earlier hitting the strongest level since April 2025. The move has widened the refined-vs-raw sugar premium, a key indicator of refining profitability; a spread above $100/t is typically a strong incentive to process. Refined supplies are expected to tighten in the 2026-27 season beginning in October as smaller crops in Europe and India curb exports, and Czarnikow warns the global deficit could widen further in 2027-28 if cane and beet area falls. Open interest climbed with prices, suggesting fresh buying rather than only short-covering, according to Paris broker Deepcore. Offsetting factors: Brazilian raw sugar supply remains ample and weak import demand keeps near-term availability comfortable, while the current white sugar premium to ethanol could encourage mills to produce more sugar.
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