News
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BRIEF-Citgo Reports Spill at Lemont, Illinois Refinery
Dec 30 (Reuters) - CITGO PETROLEUM CORP PDVSAC.UL: REPORTS SPILL AT LEMONT, ILLINOIS REFINERY ON DEC. 29 SOURCE: ILLINOIS EMERGENCY MANAGEMENT AGENCY FILINGREFINERY CAPACITY: 177,000 BARRELS PER DAY (Reuters.Briefs@thomsonreuters.com)Reuters
Mon, Dec 30
PRECIOUS-Gold little changed; focus on incoming Trump administration
Gold has gained over 26% so far this yearGeopolitical tensions to remain key driver in 2025 - analyst Platinum edges up from over three-month low on FridayUpdates with mid-session tradingBy Rahul Paswan Dec 30 (Reuters) - Gold prices were little changed on Monday, while investors waited for m...Reuters
Mon, Dec 30
METALS-London copper rises further, other metals mixed
Updates pricesBy Violet Li and Mei Mei Chu SHANGHAI, Dec 30 (Reuters) - London copper rose further on Monday, helped by tight supply of copper concentrate, while other base metals were broadly mixed, with a stronger dollar making the greenback-priced commodities more expensive for holders of othe...Reuters
Mon, Dec 30
UPDATE 2-Oil slips in thin trade, investors focus on China, US data
Updates with latest pricesBy Florence Tan and Emily Chow SINGAPORE, Dec 30 (Reuters) - Oil prices edged down on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world's two largest oil consumers.Brent...Reuters
Mon, Dec 30
India's BPCL buys Middle East grades to replace Russian shortfall
BPCL turns to Middle East due to Russian supply shortfallBPCL diversifies oil sources, including first-time Argentinian crude purchaseBPCL plans $19.94 billion investment by 2028/29, half through debtBy Nidhi Verma and Manoj Kumar NEW DELHI, Dec 30 (Reuters) - State-run Indian refiner Bharat PetrReuters
Mon, Dec 30
PRECIOUS-Gold edges up as focus shifts to incoming Trump administration
Gold has gained over 27% so far this yearGeopolitical tensions to remain key driver in 2025 - analyst Platinum edges up from over three-months low on FridayAdds graphics, updates with mid-session tradingBy Rahul Paswan Dec 30 (Reuters) - Gold prices ticked up on Monday, while investors awaited mo...Reuters
Mon, Dec 30
Silver Price Forecast: XAG/USD bounces back to near $29.50 due to increased risk aversion
Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $29.50 per troy ounce during the Asian hours on Monday. However, trading volume is lighter than usual ahead of the New Year holiday.Fxstreet
Mon, Dec 30
UPDATE 1-Oil inches higher in thin trade, investors focus on China, US data
Updates with analyst comment, latest pricesBy Florence Tan and Emily Chow SINGAPORE, Dec 30 (Reuters) - Oil prices edged up on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world's two largest oil ...Reuters
Mon, Dec 30
GRAINS-Corn prices near six-month high on strong demand; wheat rises
Corn nears June highs on firm demand for US cargoesWheat prices underpinned by Russian output worriesUpdates prices SINGAPORE, Dec 30 (Reuters) - Chicago corn futures gained further on Monday, after hitting six-month highs in the previous session, on strong demand for U.S. supplies and bargain-bu...Reuters
Mon, Dec 30
PRECIOUS-Gold edges up as focus shifts to incoming Trump administration
Israeli forces ordered residents in Beit Hanoun to leave townGold gained over 27% so far this yearGeopolitical tensions to remain key driver for gold prices in 2025 - analyst Adds comments, updates with mid-session tradingBy Rahul Paswan Dec 30(Reuters) - Gold prices ticked up on Monday, while in...Reuters
Mon, Dec 30
Oil inches lower in thin trade, investors eye China, US data
By Florence Tan SINGAPORE, Dec 30 (Reuters) - Oil prices slipped lower on Monday in thin holiday trade ahead of the year-end as traders awaited more economic data from China and the U.S. later this week to assess growth in the world's two largest oil consumers.Brent crude futures LCOc1 fell 6 cenReuters
Mon, Dec 30
METALS-Metals trade mixed, firmer dollar weighs on market
By Violet Li and Mei Mei Chu SHANGHAI, Dec 30 (Reuters) - Base metals traded mixed on Monday, with a stronger U.S. dollar making its more expensive for other currency holders to buy greenback-priced commodities.Rising U.S. Treasury yields have been a boost for the dollar, with the key 10-year notReuters
Mon, Dec 30
South Korea jet pilot said there was a bird strike before crash, official says
SEOUL, Dec 30 (Reuters) - The Jeju Air jet pilot told air traffic control the aircraft had suffered a bird strike and declared mayday shortly before the planed crashed on Sunday, a transport ministry official said on Monday in a media briefing. (Reporting by Jack Kim; Editing by Tom Hogue) ((jack.k...Reuters
Mon, Dec 30
GRAINS-Corn firms to trade near six-month high on strong demand; wheat rises
SINGAPORE, Dec 30 (Reuters) - Chicago corn futures gained more ground on Monday, with prices trading close to the last session's highest level in six months on strong demand for U.S. supplies and bargain-buying. Wheat rose for a third consecutive session on worries over Russian supplies, while soybe...Reuters
Mon, Dec 30
