Market Chatter: Indonesia, US Firms Set to Sign $34 Billion Deal Covering Energy and Agriculture

MT Newswires Live

Jul 07, 2025

Companies from Indonesia and the US, including Pertamina, ExxonMobil (XOM), and Chevron (CVX), are expected to sign a $34 billion memorandum of understanding expanding trade in energy and agriculture, Reuters reported Monday, citing a government official.

The report said the agreement, to be finalized Monday afternoon, will also cover purchases of American soybeans, corn, and cotton, according to Indonesia's Ministry of Economics.

ExxonMobil and Chevron did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999001440.SGD","symbol_name":"United Global Dividend Equity Fund A SGD Dist","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2549953518","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549953518","pubTimestamp":1751884212,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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