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EUROPE GAS-Prices ease at heat wave ebbs but Trump-Putin summit in focus
Aug 14 (Reuters) - Dutch and British wholesale gas prices were down on Tuesday morning on signs of lower gas demand as temperatures eased and wind speeds were set to rise, but the market remains cautious of bigger moves ahead of Friday's Trump-Putin summit.The benchmark Dutch front-month contrac...Reuters
Thu, Aug 14
Oil falls on bearish fundamentals – ING
The oil market came under further pressure yesterday, settling under US$66/bbl for the first time since early June. Sentiment was bearish following releases from the International Energy Agency (IEA) and Energy Information Administration (EIA).Fxstreet
Thu, Aug 14
Importers struggle to resell Canadian canola meal caught in China tariff crossfire
Up to 400,000 tons of canola meal stuck in warehouses - tradersImporters want to resell cargoes to Asian animal feed makersTraders say canola meal cargoes being offered at 30% discountTrade tensions hit agricultural tradeBy Naveen Thukral SINGAPORE, Aug 14 (Reuters) - Importers are struggling...Reuters
Thu, Aug 14
Oil price structure narrows, premiums fall as supplies rise, summer demand ends
Backwardation for Brent, WTI 6-month time spreads narrow Brent's premium to Dubai lowest in 4 monthsSpot premiums for Oct-loading Dubai, Oman slip to month's lowBy Florence Tan, Georgina McCartney and Robert Harvey SINGAPORE/HOUSTON/LONDON, Aug 14 (Reuters) - Premiums for prompt benchmark...Reuters
Thu, Aug 14
Tariffs left 'skid marks' on quarterly results, Thyssenkrupp CFO says
FRANKFURT, Aug 14 (Reuters) - Thyssenkrupp TKAG.DE is experiencing restraint from customers, particularly in the automotive sector, in light of global trade disputes, the German conglomerate's finance chief told journalists on Thursday after presenting fiscal third-quarter results."Trade dis...Reuters
Thu, Aug 14
Antofagasta half-year earnings surge 60% on higher copper demand, prices
Half-year core earnings surge to $2.23 billionInterim dividend of 16.6 cents per share, vs 7.9 cents year-ago Company to boost copper output, key for green energy transition2025 capex seen at $3.9 billion, focus on Centinela concentratorBy Clara DeninaLONDON, Aug 14 (Reuters) - Chilean miner Antofag...Reuters
Thu, Aug 14
METALS-Copper dips ahead of key China data, supply concerns lend support
By Lucas Liew Aug 14 (Reuters) - London and Shanghai copper prices dipped on Thursday ahead of economic data from top consumer China, though supply disruptions and lower production forecasts lent some support to the market.Three-month copper on the London Metal Exchange CMCU3 was down 0.15% ...Reuters
Thu, Aug 14
Centrica, Energy Capital Partners to buy National Grid's LNG terminal for $2 bln
Centrica and ECP to jointly buy UK's largest LNG terminalLNG crucial for Europe post-Russia-Ukraine conflictDeal expected to close in fourth quarter, pending approvals Aug 14 (Reuters) - British Gas owner Centrica CNA.L will jointly buy National Grid's NG.L Grain LNG terminal with U.S.-ba...Reuters
Thu, Aug 14
South Korea to announce plan to restructure petrochemical sector facing 'grave' situation
Petrochemical exports have fallen amid global oversupplySouth Korea is a major naphtha importer, crucial for global oil marketsConcerns over financial health of large petrochemical company YNCCSouth Korean president supports tax incentives, regulatory changes SEOUL, Aug 14 (Reuters) - South Korea...Reuters
Thu, Aug 14
PRECIOUS-Gold extends rise on Fed rate-cut hopes, softer dollar
Dollar hovers near multi-week lowsFocus on US PPI, jobless claims data Palladium up more than 1%By Brijesh Patel Aug 14 (Reuters) - Gold extended gains to a third session on Thursday, supported by rising expectations of an interest rate cut by the U.S. Federal Reserve in September following tame ...Reuters
Thu, Aug 14
BPCL Tapping Alternative Oil Supplies On Lower Discount On Russian Oil Sales, Exec Says
Aug 14 (Reuters) - Bharat Petroleum Corporation Ltd BPCL.NS:BPCL EXEC: TAPPING ALTERNATIVE OIL SUPPLIES ON LOWER DISCOUNT ON RUSSIAN OIL SALESBPCL EXEC: PURCHASED OIL FROM BRAZIL, WEST AFRICA, AND US TO REPLACE SOME RUSSIAN OILBPCL EXEC: PROCESSED 34% RUSSIAN OIL IN JUNE QTRBPCL EXEC: DISCOUNTS ON...Reuters
Thu, Aug 14
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.23 per barrel, up from Wednesday’s close at $62.10.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.49 price posted on Wednesday, and trading at $65.62.Fxstreet
Thu, Aug 14
National Grid To Sell Grain LNG To Centrica & Partners For About £1.66 Billion
Aug 14 (Reuters) - National Grid PLC NG.L:NATIONAL GRID PLC - SALE OF GRAIN LNGNATIONAL GRID PLC - DEAL TERMS INCLUDE PROCEEDS OF ABOUT £1.66 BILLIONNATIONAL GRID PLC - TO SELL GRAIN LNG TO CENTRICA AND PARTNERSNATIONAL GRID PLC - EXPECTS DEAL COMPLETION LATER THIS YEARNATIONAL GRID: TO SELL GRAIN ...Reuters
Thu, Aug 14
Centrica, Energy Capital Partners to buy National Grid's LNG terminal for $2 billion
Aug 14 (Reuters) - British Gas owner Centrica CNA.L said on Thursday it will be jointly buying National Grid's NG.L Grain LNG terminal with U.S.-based infrastructure investor Energy Capital Partners for an enterprise value of about 1.5 billion pounds ($2.04 billion).($1 = 0.7365 pounds)Reuters
Thu, Aug 14
Antofagasta posts 60% increase in core earnings in first half
LONDON, Aug 14 (Reuters) - Chilean miner Antofagasta ANTO.L posted a 60% increase in half-year core earnings on Thursday, on higher production and sales of its copper.Earnings before interest, tax, depreciation and amortisation (EBITDA) for the first six months of the year rose to $2.2 billion from ...Reuters
Thu, Aug 14
GRAINS-Soybeans rise further after US production downgrade
CANBERRA, Aug 14 (Reuters) - Chicago soybean futures rose to their highest in six weeks on Thursday, cementing their gains after the U.S. government forecast a much smaller harvest than previously expected, but a lack of Chinese demand for U.S. beans still hangs over prices. Corn also edged higher, ...Reuters
Thu, Aug 14
Vietnam makes first US oil purchase in 2025, sources say
SINGAPORE, Aug 14 (Reuters) - Vietnam's Binh Son Refining and Petrochemical BSR.HM (BSR) has bought one million barrels of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025, sources said on Thursday. BSR bought the light-sweet crude from...Reuters
Thu, Aug 14
Russia reports fire at Volgograd refinery after Ukrainian drone attack
MOSCOW, Aug 14 (Reuters) - Fallen debris from Ukrainian drones caused a fire at an oil refinery in Russia's Volgograd, the governor said on Thursday. "Firefighters quickly began extinguishing the fire. According to preliminary data, there were no casualties," Andrey Bocharov said on the ...Reuters
Thu, Aug 14
