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COLUMN-Saudi crude oil price hike is at odds with regaining market share: Russell
By Clyde Russell LAUNCESTON, Australia, Aug 14 (Reuters) - OPEC+'s recent decision to fully unwind 2.2 million barrels per day of crude oil output cuts has largely been viewed as a sign the exporter group is pivoting from trying to bolster prices to rebuilding market share. The recent decisio...Reuters
Thu, Aug 14
Thyssenkrupp cuts sales outlook, investments on weak global trade
FRANKFURT, Aug 14 (Reuters) - German conglomerate Thyssenkrupp TKAG.DE cut its 2025 investments and sales outlook on Thursday, blaming weak demand for its products as U.S. President Donald Trump's import tariffs disrupt global trade of autos, machines and building materials.The company, with a b...Reuters
Thu, Aug 14
TABLE-North Sea gas maintenance schedule: Adds Aldbrough outage
Aug 14 (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, Aug 14
Vietnam makes first US oil purchase in 2025, sources say
SINGAPORE, Aug 14 (Reuters) - Vietnam has bought one million barrels of U.S. West Texas Intermediate crude for November delivery, its first U.S. oil purchase in 2025, sources said on Thursday. The country's refinery Binh Son Refining and Petrochemical BSR.HM (BSR) bought the light sweet crude fr...Reuters
Thu, Aug 14
BREAKINGVIEWS-Ukraine peace push stirs oil market limbo: podcast
By Aimee Donnellan and Jonathan Guilford DUBLIN/NEW YORK, Aug 14 (Reuters Breakingviews) - Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript. Listen to the podcast As President Trump prepares to meet Vladimir Putin, an effort to punish Indian purch...Reuters
Thu, Aug 14
TECHNICALS-CBOT soybeans may test support at $10.38-1/2
For more technical analyses, please click SINGAPORE, Aug 14 (Reuters) - The CBOT soybean November contract SX25 may test support at $10.38-1/2 per bushel, a break below which could cause a fall to $10.27-1/2.The rise is loosing its momentum around resistance at $10.49-1/2, which is identified as the...Reuters
Thu, Aug 14
TABLE-UAE's Fujairah oil inventory data for week ended August 11
Aug 14 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended August 11, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fro...Reuters
Thu, Aug 14
METALS-Copper prices mixed as market awaits China data, supply woes offer support
By Lucas Liew Aug 14 (Reuters) - Copper prices were range-bound on Thursday as traders awaited key economic data from top consumer China, while supply disruptions and a lowered production forecast helped support market sentiment.Three-month copper on the London Metal Exchange CMCU3 was up 0.31% ...Reuters
Thu, Aug 14
US to explore cooperation with Pakistan on critical minerals, hydrocarbons
By Kanishka Singh WASHINGTON, Aug 13 (Reuters) - Secretary of State Marco Rubio said Washington looked forward to exploring cooperation with Pakistan on critical minerals and hydrocarbons, with his comments coming in a statement issued by the State Department on Pakistan's Independence Day. ...Reuters
Thu, Aug 14
Court officer overseeing Citgo auction requests adjournment of sale hearing
HOUSTON, Aug 13 (Reuters) - A court officer in Delaware overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has requested an adjournment of the sale process' final hearing, originally scheduled for next week to decide the auction's winner, a court filing ...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, adding to their gains after the U.S. Department of Agriculture (USDA) forecast a much smaller harvest than previously expected.Corn also edged higher, having plunged more than 3% on Tuesday to contra...Reuters
Thu, Aug 14
Court officer overseeing Citgo auction requests adjournment of sale hearing
HOUSTON, Aug 13 (Reuters) - A court officer in Delaware overseeing an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum has requested an adjournment of the sale process' final hearing, originally scheduled for next week to decide the auction's winner, a court filing ...Reuters
Thu, Aug 14
PRESS DIGEST- Financial Times - Aug 14
Aug 14 (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- Jewellery chain Claire's UK business appoints administrators- Centrica frontrunner to buy National Grid's LNG terminal in 1.5 b...Reuters
Thu, Aug 14
PRECIOUS-Gold extends rise as Fed rate-cut bets pressure dollar
Aug 14 (Reuters) - Gold rose for a third straight session on Thursday, helped by a weaker dollar and lower Treasury yields as traders raised bets for a U.S. interest rate cut in September.FUNDAMENTALS* Spot gold XAU= was up 0.4% at $3,368.99 per ounce, as of 0121 GMT. U.S. gold futures GCcv1 for Dec...Reuters
Thu, Aug 14
US losing out on China soybean sales as Brazil fills key supply period
Chinese crushers buy Brazilian beans amid US-China trade warChicago soybean futures near 5-year lows amid trade uncertaintyUS soybeans around $40/ton cheaper than Brazilian for October shipmentBy Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Aug 13 (Reuters) - U.S. soybean exporters risk missing...Reuters
Thu, Aug 14
Shell Louisiana refinery shuts cat cracker early for overhaul, sources say
By Erwin SebaHOUSTON, Aug 13 (Reuters) - Shell SHEL.L shut the gasoline-producing resid catalytic cracking unit (RCCU) at its 231,827 barrel-per-day (bpd) Norco, Louisiana, refinery to begin a planned overhaul a month earlier than scheduled, people familiar with plant operations said on Wednesday.A ...Reuters
Thu, Aug 14
Oil regains ground from 2-month lows ahead of Trump-Putin meeting
By Katya Golubkova TOKYO, Aug 14 (Reuters) - Oil prices edged higher on Thursday, regaining ground after a sell-off in the previous session, with the upcoming meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin raising risk premiums in the market. Brent cru...Reuters
Thu, Aug 14
