News
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TABLE-North Sea gas maintenance schedule: Adds Taqa outage
Dec 11 (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
Thu, Dec 11
US seizes sanctioned oil tanker off coast of Venezuela, Trump says
Move is first known tanker seizure since US build-up beganSignals new effort to go after Venezuela's main revenue sourceImpact on global oil supply unclearBy Idrees Ali, Phil Stewart, Steve Holland and Marianna Parraga WASHINGTON, Dec 10 (Reuters) - The U.S. has seized a sanctioned oil tanker...Reuters
Thu, Dec 11
Kazakhstan says adjusting down 2026 oil production amid CPC damage
ASTANA, Dec 11 (Reuters) - Kazakhstan said on Thursday that it was adjusting down 2026 oil production plans amid major damage from a Ukrainian drone attack on the Russian Black Sea terminal used by the Caspian Pipeline Consortium (CPC).Energy Minister Yerlan Akkenzhenov said its 2025 oil production ...Reuters
Thu, Dec 11
Copper extends gains after Fed lowers rates
BEIJING, Dec 11 (Reuters) - Copper prices pared some earlier gains but still traded higher for a second straight session on Thursday, after the U.S. Federal Reserve cut interest rates.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 climbed 0.51% to 92,130 yuan ($13,046.43) peReuters
Thu, Dec 11
Citi Sees Oil Prices To Likely Ease Further To An Average Of $60/Bbl Through 1Q'26
Dec 11 (Reuters) - CITI: SAYS OIL PRICES WILL LIKELY EASE FURTHER TO AN AVERAGE OF $60/BBL THROUGH FIRST QUARTER OF 2026 AS STOCKBUILDS MATERIALIZE IN OECD INVENTORIESSAYS "WE WERE BEARISH ON OIL PRICES THROUGH 2024-25, TARGETING $60 BRENT BY END-'25, NOW MOVING TO NEUTRAL FOR 2026"SAYS ...Reuters
Thu, Dec 11
Russia says Ukraine launched major drone attack, including on Moscow
MOSCOW, Dec 11 (Reuters) - Russia said on Thursday that Ukraine had launched a major aerial attack with at least 287 drones downed over a number of regions including Moscow. Russia's defence ministry said at least 40 drones were shot down over the Moscow region, which along with the city itself ...Reuters
Thu, Dec 11
PRESS DIGEST- New York Times business news - December 11
Dec 11 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- The U.S. House of Representatives approved a $900 billion defense policy bill that would codify much of U.S. President Donald Trum...Reuters
Thu, Dec 11
GRAINS-Wheat steadies after selloff triggered by USDA's production estimates
CANBERRA, Dec 11 (Reuters) - U.S. wheat futures steadied on Thursday, supported by a weaker dollar, having fallen nearly 1% in the previous session after the U.S. Department of Agriculture (USDA) raised its estimates for global production, cementing expectations for ample supply.Soybean futures were...Reuters
Thu, Dec 11
Over 30 sanctioned ships in Venezuela at risk after US tanker seizure
'Shadow fleet' vessels under sanctions may reconsider whether to leave Venezuelan waters in coming daysUS targeting of sanctioned vessels may delay oil exportsGlobal dark fleet includes 1,423 tankers, 921 under sanctionsBy Marianna Parraga and Jonathan Saul HOUSTON/LONDON, Dec 10 (Reuters...Reuters
Thu, Dec 11
TABLE-UAE's Fujairah oil inventory data for week ended December 8
Dec 11 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended December 1, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fr...Reuters
Thu, Dec 11
ROI-India imports more Russian crude, but mix of buyers shifts: Russell
Reuters Open Interest (ROI) is your essential source for global financial commentary. By Clyde Russell LAUNCESTON, Australia, Dec 11 (Reuters) - India's crude oil imports from Russia are on track to climb to a six-month high in December as the world's third-biggest buyer defies U.S. sanct...Reuters
Thu, Dec 11
Perseus Mining exits Predictive Discovery race after Robex improves its proposal
Dec 11 (Reuters) - Gold miner Perseus Mining PRU.AX said on Thursday its binding offer to acquire Predictive Discovery PDI.AX has lapsed after rival bidder Robex Resources RBX.V improved its bid proposal under an existing agreement. The companies, all with gold assets in West Africa, are vying to ex...Reuters
Thu, Dec 11
RUBBER-Japan futures climb for 5th session after Fed cuts interest rates
TOKYO, Dec 11 (Reuters) - Japanese rubber futures climbed on Thursday, marking a fifth straight session of gains after the U.S. Federal Reserve cut interest rates as expected, with hopes for further easing, while stronger Shanghai prices also lent support.The Osaka Exchange (OSE) rubber contract f...Reuters
Thu, Dec 11
PRESS DIGEST- Financial Times - December 11
Dec 11 (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- Google DeepMind to build materials science lab after signing deal with UK- Return to EU customs union would ‘unravel’ UK trade deals, S...Reuters
Thu, Dec 11
METALS-Copper climbs more than 1% after Fed lowers rates
BEIJING, Dec 11 (Reuters) - Copper outperformed its base metal peers with a price gain of more than 1% on Thursday, supported by a softer dollar after the U.S. Federal Reserve cut interest rates.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 climbed 1.17% to 92,730 yuan ($13...Reuters
Thu, Dec 11
GRAINS-Wheat steadies after selloff triggered by USDA raising production estimates
CANBERRA, Dec 11 (Reuters) - U.S. wheat futures steadied on Thursday, having fallen nearly 1% in the previous session after the U.S. Department of Agriculture (USDA) raised its estimates for global production and end-of-season stocks, cementing expectations for ample supply.Soybean futures gained fo...Reuters
Thu, Dec 11
Oil tanker seized by US near Venezuela was falsely flying Guyana flag, government says
GEORGETOWN, Dec 10 (Reuters) - Guyana's maritime authority said on Wednesday that supertanker Skipper carrying Venezuelan oil, which was seized by the United States, was falsely flying Guyana's flag."The Maritime Administration Department has observed the proliferation and unacceptable t...Reuters
Thu, Dec 11
