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Plastic pollution treaty stalled as Geneva talks end without deal
Delegates fail to reach consensus on plastic pollution treatyOil-producing nations had opposed ambitious deal, delegates sayPath forward for future negotiations unclearBy Emma Farge and Olivia Le Poidevin GENEVA, Aug 15 (Reuters) - Delegates discussing the world's first legally binding treaty...Reuters
Fri, Aug 15
China files WTO complaint against Canada's steel import restrictions
BEIJING, Aug 15 (Reuters) - China on Friday filed a complaint with the WTO against Canada's import restrictions on steel and other products, the Chinese commerce ministry said.China "strongly deplores and firmly opposes Canadian actions", the ministry's statement said, urging Canada ...Reuters
Fri, Aug 15
British Gas owner Centrica enters natural gas deal with US-based Devon Energy
Aug 15 (Reuters) - British Gas owner Centrica CNA.L said on Friday it has entered into a natural gas agreement with Devon Energy DVN.N, in which the U.S.-based firm will supply an equivalent to five LNG cargoes per year over a 10-year term from 2028.Reuters
Fri, Aug 15
Centrica Enters Into Long Term Natural Gas Sale & Purchase Agreement With Devon Energy
Aug 15 (Reuters) - Centrica PLC CNA.L:CENTRICA ENTERS INTO LONG TERM NATURAL GAS SALE & PURCHASE AGREEMENTCENTRICA: NATURAL GAS SALE & PURCHASE AGREEMENT WITH DEVON ENERGY CORPORATIONCENTRICA: UNDER DEAL, DEVON ENERGY WILL SUPPLY 50,000 (MMBTU) PER DAY OF NATURAL GAS OVER A 10‑YEAR TERM STAR...Reuters
Fri, Aug 15
METALS-Shanghai copper posts weekly gain on supply concerns
By Lucas Liew Aug 15 (Reuters) - Shanghai copper prices ended higher for the week, with supply concerns in Zambia and robust half-year earnings from Chilean producer Antofagasta providing support.The copper contract on the Shanghai Futures Exchange SCFcv1 eased 0.08% to 79,060 yuan ($11,008.23) ...Reuters
Fri, Aug 15
South Africa nears decision on steel tariffs amid import influx
By Nqobile DludlaGQEBERHA, South Africa, Aug 15 (Reuters) - South Africa's government will release the preliminary findings of its review of steel tariffs next week, moving a step closer to protecting the local industry from increased imports.The review was initiated by the International Trade A...Reuters
Fri, Aug 15
India's Modi vows to protect farmers, cuts tax, pushes self-reliance amid Trump tariff tensions
Modi urges self-reliance from fertilisers to EV batteries productionAnnounces lower GST rates from October to boost consumptionStress on local manufacturing intensifies amid trade tensionsModi asks shops, traders to push local productsAnnounces new defence system to protect country, raise offensive ...Reuters
Fri, Aug 15
PRECIOUS-Gold set for weekly drop, US data dims large Fed rate cut hopes
Markets await outcome of Trump-Putin summitGold down 1.8% so far this weekUS producer inflation heats up as goods, services prices soarBy Brijesh Patel Aug 15 (Reuters) - Gold prices gained on Friday, helped by a pullback in the dollar, although bullion was headed for a weekly fall as hotter-than...Reuters
Fri, Aug 15
GRAINS-Corn rises but bigger crops keep prices near contract lows
CANBERRA, Aug 15 (Reuters) - Chicago corn futures rose slightly on Friday, but were down 2% over the week and near contract lows after larger estimates of U.S. and Brazilian crops underscored that the global market is well supplied.Soybean futures edged lower as profit-taking took the momentum out o...Reuters
Fri, Aug 15
ASIA GOLD-Price retreat buoys demand in India; activity muted elsewhere
India dealers offer up to $6/oz discounts this weekIndian Jewellers place healthy orders ahead of festival seasonPhysical gold demand in China appears limited - traderBy Rajendra Jadhav and Brijesh Patel Aug 15 (Reuters) - Physical gold demand in India improved slightly this week as a price pullb...Reuters
Fri, Aug 15
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $62.94 per barrel, down from Thursday’s close at $63.08.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.30 after its previous daily close at $66.42.Fxstreet
Fri, Aug 15
No consensus on binding plastic treaty at talks in Geneva, delegates say
GENEVA, Aug 15 (Reuters) - No consensus was reached during talks in Geneva on the world's first legally binding treaty to tackle plastic pollution, according to delegates."South Africa is disappointed that it was not possible for this session to agree a legally binding treaty and positions r...Reuters
Fri, Aug 15
Ukraine's military strikes Russian port in Astrakhan region on Thursday
KYIV, Aug 15 (Reuters) - The Ukrainian military said it struck the port of Olya in Russia's Astrakhan region on Thursday, hitting a ship with drone parts and ammunition from Iran.Russia uses the port as an important logistics hub for the supply of military goods from Iran, the Ukrainian military...Reuters
Fri, Aug 15
TABLE-North Sea gas maintenance schedule: Adds Atwick outage
Aug 15 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Fri, Aug 15
Silver Price Forecast: XAG/USD flat lines around $38.00 as traders seem non-committed
Silver (XAG/USD) attracts some dip-buying during the Asian session on Friday and stalls the previous day's retracement slide from the $38.70-$38.75 area, or a three-week high. The white metal climbs back above the $38.00 mark in the last hour, though it lacks bullish conviction.
Fxstreet
Fri, Aug 15
India's IOC buys 2 million barrels of US WTI crude for October, sources say
SINGAPORE, Aug 15 (Reuters) - State refiner Indian Oil Corp IOC.NS (IOC) has bought two million barrels of U.S. West Texas Intermediate crude for October delivery, three trade sources said on Friday. It purchased the cargoes from Mercuria at a premium of $2.80-2.90 a barrel to dated Brent, they adde...Reuters
Fri, Aug 15
