News
Important Only
PRECIOUS-Gold prices hit one-week high on weaker dollar, US fiscal concerns
Trump tax-cut bill faces rare overnight stress test with US House RepublicansDollar retreated to its lowest level since May 7Palladium hits over three-month high By Anushree Mukherjee May 21 (Reuters) - Gold prices rose nearly 1% on Wednesday, hitting their highest levels in more than a week, as ...Reuters
Wed, May 21
Norway oil drilling labour unions seek wage mediation to avert strike
OSLO, May 21 (Reuters) - Wage talks involving some 7,000 oil drilling workers in Norway broke down early on Wednesday, two labour unions said, raising the risk of strike action later this year that could disrupt exploration.The talks between the Norwegian Shipowners' Association (NSA) and the Sa...Reuters
Wed, May 21
TECHNICALS-CBOT soybeans neutral in $10.47-$10.59 range
For more technical analyses, please click SINGAPORE, May 21 (Reuters) - The CBOT soybean July contract SN25 looks neutral in a range of $10.47 to $10.59 per bushel, and an escape could suggest a direction.The consolidation in the range may turn out to be a double-bottom, if the market breaks $10.59,...Reuters
Wed, May 21
WGC-Guangdong Pearl River inks LNG purchase deal with ConocoPhillips
BEIJING, May 21 (Reuters) - Guangdong Pearl River Investment Management Group said on Wednesday it has signed a 15-year sales and purchase agreement to buy liquefied natural gas from ConocoPhillips COP.N.The company did not disclose the volume of LNG covered under the agreement, which was signed on ...Reuters
Wed, May 21
Putin visits Kursk region for first time since ejecting Ukrainian forces
MOSCOW, May 21 (Reuters) - Russian President Vladimir Putin visited the western Kursk region for the first time since Russian forces ejected Ukrainian troops from the area last month. The Kremlin said that during the visit on Tuesday Putin met volunteer organisations in the region and visited the Ku...Reuters
Wed, May 21
Turkey in nuclear plant talks with Candu, energy minister says
By Nevzat DevranogluSIRNAK, Turkey, May 21 (Reuters) - Turkey is in talks with Canada's Candu Energy and other companies regarding plans to build its second and third nuclear power plants, Turkish Energy Minister Alparslan Bayraktar said.Speaking to reporters during a visit to southeast Turkey o...Reuters
Wed, May 21
Estimated 6 billion barrel shale oil reserve in southeast Turkey, minister says
By Nevzat Devranoglu SIRNAK, Turkey, May 21 (Reuters) - U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey's southeastern Diyarbakir Basin, the Turkish energy minister said.Continental Resources and Turkish national oil company TPAO...Reuters
Wed, May 21
Amazon fires drive unprecedented global forest loss in 2024, report says
Brazil leads in tropical forest loss due to Amazon firesBolivia's forest loss surged by 200% in 2024Southeast Asia sees decrease in primary forest lossBy Manuela Andreoni and Alexander Villegas SAO PAULO, May 21 (Reuters) - Massive fires fueled by climate change led global forest loss to smas...Reuters
Wed, May 21
Exxon Mobil says working to resolve operational issue at refinery in Joliet, Illinois
NEW YORK, May 20 (Reuters) - Exxon Mobil XOM.N said on Tuesday it was working to resolve an issue at its 275,000-barrels-per-day refinery in Joliet, Illinois.The Houston, Texas-based company reported an equipment failure involving its process unit boiler that resulted in a gas release at the Joliet ...Reuters
Wed, May 21
GRAINS-Wheat hits 1-month high on soft dollar, crop concerns, and short-covering
CANBERRA, May 21 (Reuters) - Chicago wheat futures climbed to a one-month high on Wednesday, supported by a soft dollar, concerns over northern hemisphere production and a bout of short-covering by speculators.Corn futures climbed to a one-week high, and soybeans rose on fears that heavy rains may h...Reuters
Wed, May 21
PRESS DIGEST- Financial Times - May 21
May 21 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Shell faces shareholder pushback over gas strategy- Thames Water freezes executives' 'retention payments' after backlash- D...Reuters
Wed, May 21
METALS-London copper edges higher on dollar weakness, China rate cut
NEW DELHI, May 21 (Reuters) - Copper prices in London were slightly higher on Wednesday, tracking some weakness in the U.S. dollar and stimulus efforts from top consumer China, although gains were limited due to persisting uncertainty over economic growth from high tariffs.Benchmark copper CMCU3 on ...Reuters
Wed, May 21
Philippines, U.S. hold joint maritime drills in South China Sea
MANILA, May 21 (Reuters) - Coast Guard vessels of the Philippines and the United States have taken part for the first time in joint maritime exercises with naval and air force units in the contested South China Sea, Manila's armed forces said on Wednesday. The exercises, held on Tuesday in wat...Reuters
Wed, May 21
