News
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Kazakhstan's TCO increases oil output by 25% in the first quarter
MOSCOW, May 15 (Reuters) - Kazakhstan's Tengizchevroil (TCO) increased its oil output at the giant Tengiz oil field by 25% in the first quarter of 2025 to 74.5 million barrels, or 9.37 million metric tons, it said in its quarterly report on Thursday.Tengizchevroil is owned by Chevron CVX.N with ...Reuters
Thu, May 15
Engie CEO: If There Was An Opportunity To Do More With Hydro Power In France, We Would Be Interested In Looking At It, But Timing Is Difficult To Judge
May 15 (Reuters) - Engie SA ENGIE.PA:ENGIE CEO: IF THERE WAS AN OPPORTUNITY TO DO MORE WITH HYDRO POWER IN FRANCE WE WOULD BE INTERESTED IN LOOKING AT IT, BUT TIMING IS DIFFICULT TO JUDGESource text: [ID:]Reuters
Thu, May 15
EXCLUSIVE-Shein to set up huge Vietnam warehouse in US tariff hedge, sources say
Fast-fashion giant to have first warehouse in VietnamIt is leasing facility near Ho Chi Minh City, sought more, sources sayChina's low-value shipments face US duties, Vietnam's remain duty-free for nowBy Francesco Guarascio and Casey Hall HANOI/SHANGHAI, May 15 (Reuters) - Fast-fashion on...Reuters
Thu, May 15
Singapore fuel oil stockpiles down for three straight weeks
SINGAPORE, May 15 (Reuters) - Onshore fuel oil stockpiles at key trading hub Singapore edged lower for three consecutive weeks, despite an uptick in net imports, data showed on Thursday.Residual fuel inventories STKRS-SIN were at 19.39 million barrels (about 3.05 million metric tons) in the week to ...Reuters
Thu, May 15
Engie CFO: Still Have Exposed Open Positions After Market Events In April That Could Hit Q2 Results
May 15 (Reuters) - Engie SA ENGIE.PA:ENGIE CFO: DO NOT EXPECT A FULL-YEAR EBIT THAT IS FOUR TIMES THE Q1 FIGUREENGIE CFO: THIS YEAR'S Q1 IS STRONG DUE TO A POSITIVE TIMING EFFECT THAT WILL REVERSE IN THE COMING QUARTERSENGIE CFO: STILL HAVE EXPOSED OPEN POSITIONS AFTER MARKET EVENTS IN APRIL THA...Reuters
Thu, May 15
EUROPE GAS-Prices edge higher on cooler temperatures ahead of Russia-Ukraine talks
LONDON, May 15 (Reuters) - Dutch and British gas prices edged higher on Thursday morning as slightly cooler temperatures lifted demand and as the market waits for news from Ukraine-Russia peace talks.The benchmark Dutch front-month contract TRNLTTFMc1 was up 0.46 euro to 35.21 euros per megawatt hou...Reuters
Thu, May 15
ASIA COFFEE-Domestic prices fall in Vietnam, new beans hit Indonesian market
By Phuong Nguyen and Mas Alini ArifinHANOI, May 15 (Reuters) - Coffee prices in Vietnam edged down on Thursday, while discounts narrowed in Indonesia as beans from the new harvest started enter the market, traders said on Thursday.Farmers in the Central Highlands, Vietnam's largest coffee-growin...Reuters
Thu, May 15
Germany on track for 2030 climate goal, future targets at risk, government advisers say
By Riham AlkousaaBERLIN, May 15 (Reuters) - Germany is on track to meet its 2021-2030 climate goal but risks missing post-2030 targets, independent government advisers warned on Thursday, urging a clear long-term climate strategy for Europe's largest economy.Germany is likely to achieve its 2030...Reuters
Thu, May 15
WTI drops to near $60.50, crude Oil slides 3% on US-Iran nuclear deal hopes
West Texas Intermediate (WTI) Oil price fell by approximately 3% on Thursday, extending the previous session’s losses of over 1%. WTI price is hovering around $60.70 per barrel during European trading hours.
Fxstreet
Thu, May 15
GRAINS-Chicago soybeans retreat from near 10-month highs as soyoil slumps; wheat rises
By Ella Cao and Lewis Jackson BEIJING, May 15 (Reuters) - Chicago soybean futures slipped from near 10-month highs on Thursday, weighed down by a sharp drop in soyoil as falling crude oil prices and mounting uncertainty over the U.S. biofuel policy pressured the market.Soyoil futures BOcv1 droppe...Reuters
Thu, May 15
Thyssenkrupp has increased book value of 20% TK Elevator stake to 1.1 bln eur
May 15 (Reuters) - thyssenkrupp AG TKAG.DE:THYSSENKRUPP CEO: SPIN OFF OF MARINE SYSTEMS DIVISION PLANNED FOR THIS YEARTHYSSENKRUPP CEO: OUR STAKE IN MARINE SYSTEMS POST-SPIN OFF WILL BE ABOVE 51%THYSSENKRUPP CEO: MATERIALS SERVICES DIVISION IS CORE BUSINESSTHYSSENKRUPP CEO: ARE IN CLOSE DISCUSSIONS ...Reuters
Thu, May 15
METALS-London metals decline as caution lingers over US-China tariff truce
SHANGHAI, May 15 (Reuters) - Prices of most base metals in London edged lower on Thursday as the temporary U.S.-China tariff truce prompted caution, with concerns about a potential global recession affecting metals demand.Benchmark copper CMCU3 on the London Metal Exchange (LME) fell 1% from Wednesd...Reuters
Thu, May 15
PRECIOUS-Gold falls to more than one-month low; US PPI data eyed
US PPI data due at 1230 GMTFed policymakers on hold to seek clarityMarket expects 50 basis points of rate cuts this yearBy Anushree Mukherjee and Anmol Choubey May 15 (Reuters) - Gold prices dropped to their lowest in more than a month on Thursday as investors waited for a key U.S. inflation prin...Reuters
Thu, May 15
TECHNICALS-CBOT soybeans to fall toward $10.54-1/4 to $10.59-3/4 range
For more technical analyses, please click SINGAPORE, May 15 (Reuters) - The CBOT soybean July contract SN25 is expected to fall towards the $10.54-1/4 to $10.59-3/4 range, as it has broken support at $10.65 per bushel. The current fall is assumed to be against the short uptrend from $10.36-3/4. Fiv...Reuters
Thu, May 15
Palladium price today: Rare metals down at the start of the European session
Platinum Group Metals (PGMs) trade with a negative tone at the beginning of Thursday, according to FXStreet data. Palladium (XPD) changes hands at $950.05 a troy ounce, with the XPD/USD pair easing from its previous close at $955.70.Fxstreet
Thu, May 15
JP Morgan forecasts rise in copper, aluminium prices in second half of year
May 15 (Reuters) - JP Morgan projected on Wednesday that copper prices will average $9,225 a metric ton in the second half of this year and aluminium will average $2,325.The bank cited the better-than-expected U.S.-China trade reprieve as a key factor in reducing recession probabilities, thereby mit...Reuters
Thu, May 15
Retailers rush to save US summer shopping season
Tariff cut prompts rush to secure China-made goodsRetailers face potential supply chain bottlenecksFreight costs expected to rise amid increased demandBy Casey Hall, Siddharth Cavale NEW YORK, May 15 (Reuters) - U.S. retailers including Walmart WMT.N and several clothing brands are racing to secu...Reuters
Thu, May 15
Acciona Energia Total Capacity At 15,045 MW At End-March
May 15 (Reuters) - Corporacion Acciona Energias Renovables SA ANE.MC:SAID ON WEDNESDAY TOTAL CAPACITY AT END-MARCH 15,045 MWTOTAL PRODUCTION AT END-MARCH 7,408 GWHAVERAGE GENERATION PRICE AT END-MARCH 72.0 EUROS/MWHINSTALLED WIND CAPACITY AT END-MARCH 10,458 MWTOTAL WIND PRODUCTION AT END-MARCH 6,04...Reuters
Thu, May 15
