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UPDATE 8-Oil rises, heads for weekly gain in thin year-end trade
US crude stocks fell by 3.2 million barrels last week, sources say, citing APIStimulus measures lift optimism over Chinese economyRising Russia-Ukraine tensions raise fears of supply shocks in 2025Coming up: EIA stockpiles report at 1 p.m. EST FridayUpdates prices, adds analyst comment and details o...Reuters
Fri, Dec 27
Europe Gasoline/Naphtha-Gasoline margins up, ARA stocks edge down
LONDON, Dec 27 (Reuters) - Northwest European gasoline refining profit margins rose by around 57 cents on Friday to $7.11 in the first trading session following the two-day Christmas break, as gasoline stocks in the Amsterdam-Rotterdam-Antwerp (ARA) hub fell from the highest in over a year.Around 6,...Reuters
Fri, Dec 27
PRECIOUS-Gold under pressure from high US bond yields in holiday trading week
Updates with US mid-session tradingGold down 0.2 % this weekUS Treasury yields hover near 8-month high hit on ThursdayDollar set for fourth-straight weekly gainBy Sherin Elizabeth Varghese Dec 27 (Reuters) - Gold prices slipped on Friday as elevated U.S. Treasury yields dimmed non-yielding bullio...Reuters
Fri, Dec 27
METALS-Copper holds ground as tight supply counters strong dollar
Updates prices Dec 27 (Reuters) - Copper prices inched higher on Friday, with tightness in concentrate supply offsetting pressure from a firm U.S. dollar, while most other base metals drifted lower.Three-month copper CMCU3 on the London Metal Exchange (LME) was up 0.2% at $8,965 a metric ton by 1...Reuters
Fri, Dec 27
EU wheat edges higher as traders assess Algerian purchase
PARIS, Dec 27 (Reuters) - European wheat futures edged higher on Friday and finished the week on a positive note, supported by strong demand and a weak euro, although the low rate against the dollar may not be sufficient to make EU wheat win export business, traders said.Benchmark March milling whea...Reuters
Fri, Dec 27
US Cash Grains-Corn basis steady to lower as futures firm slightly
CHICAGO, Dec 27 (Reuters) - Spot basis bids for corn were steady to lower at elevators around the U.S. Midwest on Friday, and steady to higher at river terminals, a spot check showed, as futures traded flat to higher. * The corn basis fell by 3 cents at an elevator in Cincinnati, Ohio. It fell by 1 ...Reuters
Fri, Dec 27
UPDATE 7-Oil rises 1%, heads for weekly gain in thin year-end trade
US crude stocks fell by 3.2 million barrels last week, sources say, citing APIStimulus measures lift optimism over Chinese economyComing up: EIA stockpiles report at 1 p.m. EST FridayNew throughout, changes dateline from London to New YorkBy Shariq Khan NEW YORK, Dec 27 (Reuters) - Oil rose about...Reuters
Fri, Dec 27
CORRECTED-UPDATE 3-Mongolia reaches deal for $1.6 billion uranium mine with France's Orano
Corrects paragraph 6 to show that an earlier press release saying the government had reached a final agreement with Orano had been issued in error; corrects paragraph 4 to show peak production of 2,600 metric tons, not 2.6 million BEIJING, Dec 27 (Reuters) - Mongolia said on Friday it had reached...Reuters
Fri, Dec 27
UPDATE 1-US natgas prices fall on smaller-than-expected gas draw from inventories
Updates with details from EIA report Dec 27 (Reuters) - U.S. natural gas futures fell on Friday as a weekly federal report showed a slightly smaller-than-expected storage withdrawal, and as traders booked some profits after prices rose as much as 3% earlier in the session on increasing amounts of...Reuters
Fri, Dec 27
UPDATE 6-NATO to boost Baltic Sea presence after cables broken
Estonia navy moves to protect remaining power cableNATO to enhance Baltic Sea presenceFinland seizes ship suspected of damaging power cableBaltic Sea nations on alert for sabotageAdds description of vessel in paragraph 15; energy market analyst, 21; editsBy Essi Lehto, Anna Ringstrom and Lili Bayer ...Reuters
Fri, Dec 27
ARA oil product stocks hit 19-month high, Insights Global data shows
LONDON, Dec 27 (Reuters) - Refined oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by nearly 3% on the week to their highest since May 2023, data from Dutch consultancy Insights Global showed.Overall stocks stood at 6.47 million metric ton...Reuters
Fri, Dec 27
Moldova to limit power exports, limit use as Russian gas cut-off looms
By Alexander Tanas CHISINAU, Dec 27 (Reuters) - Moldova said on Friday it will curb power exports and introduce measures to reduce consumption by at least a third from Jan. 1, as it prepares for an end to Russian natural gas supplies.The country has been preparing for potential power cuts since U...Reuters
Fri, Dec 27
PRECIOUS-Gold under pressure from high US bond yields in holiday trading week
Gold down 0.2 % this weekUS Treasury yields hover near 8-month high hit on ThursdayDollar set for fourth-straight weekly gainBy Sherin Elizabeth VargheseDec 27 (Reuters) - Gold prices slipped on Friday as elevated U.S. Treasury yields dimmed non-yielding bullion's allure in a holiday-thinned week, w...Reuters
Fri, Dec 27
CORRECTED-UPDATE 1-US Ex-Im bank approves $526 mln gas-to-energy loan to Guyana
Ex-Im bank corrects the amount of equivalent barrels of oil consumed from 1 billion to 1 million in paragraph 3By Kemol King and Valerie Volcovici GEORGETOWN, Guyana/WASHINGTON, Dec 26 (Reuters) - The U.S. Export-Import Bank approved a $526 million loan to Guyana for an energy project designed to...Reuters
Fri, Dec 27
BRIEF-Innergex Signs Electricity Purchase Agreement With BC Hydro For The Stewart Creek Wind Project
Dec 27 (Reuters) - Innergex Renewable Energy Inc INE.TO:INNERGEX SIGNS ELECTRICITY PURCHASE AGREEMENT WITH BC HYDRO FOR THE STEWART CREEK WIND PROJECTINNERGEX RENEWABLE ENERGY INC - 30-YEAR AGREEMENT FOR 200 MW STEWART CREEK WIND PROJECTINNERGEX RENEWABLE ENERGY INC - PROJECT TO PROVIDE STEADY CASH ...Reuters
Fri, Dec 27
US natgas prices rise on cold forecasts, ahead of storage report
Dec 27 (Reuters) - U.S. natural gas futures rose over 3% on Friday, supported by forecasts for much colder weather in coming weeks while increasing amount of gas flowing to liquefied natural gas export plants also helped prices, ahead of weekly federal storage report.Front-month gas futures NGc1 for...Reuters
Fri, Dec 27
UPDATE 5-NATO to boost Baltic Sea presence after power, internet cable damage
Estonia navy moves to protect remaining power cableNATO to enhance Baltic Sea presenceFinland seized ship suspected of damaging power cableBaltic Sea nations on alert for sabotageAdds senior European diplomat in paragraph 8By Essi Lehto, Anna Ringstrom and Lili Bayer HELSINKI, Dec 27 (Reuters) - ...Reuters
Fri, Dec 27
UPDATE 6-Oil heads for weekly gain on China stimulus hopes
China to ramp up fiscal support next yearUS crude stocks down 3.2 million barrels, market sources sayStrong dollar caps gainsComing up: EIA supply report on FridayUpdates prices at 1404 GMTBy Alex Lawler LONDON, Dec 27 (Reuters) - Oil rose 1% on Friday and was on track for a weekly gain, spurred ...Reuters
Fri, Dec 27
CBOT Trends-Wheat steady-up 1 cent, corn mixed, soybeans steady-down 2 cents
CHICAGO, Dec 27 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Friday. WHEAT - Steady to up 1 cent per bushel* Wheat traded flat to higher as the U.S. dollar .DXY remained strong, but th...Reuters
Fri, Dec 27
