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TECHNICALS-US oil may retest resistance at $59.63
For more technical analyses, click SINGAPORE, Jan 12 (Reuters) - U.S. oil CLc1 may stabilise around support of $58.72 per barrel and retest resistance at $59.63.A high-low bottom developing from December 16, 2025 low of $54.98 has been more or less confirmed, suggesting a target of $62.The pattern a...
Reuters
Mon, Jan 12
Australia to prioritise antimony, gallium, rare earths in A$1.2 billion reserve
By Melanie Burton MELBOURNE, Jan 12 (Reuters) - Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion ($802 million) strategic reserve, it said on Monday, as its Treasurer Jim Chalmers prepares to join a G7 meeting to discuss critical minerals.Australia...
Reuters
Mon, Jan 12
GRAINS-Chicago soy, wheat rise ahead of USDA report; corn unchanged
BEIJING, Jan 12 (Reuters) - Chicago soybean futures rose for a second straight session on Monday, bolstered by rising oil prices and continued Chinese purchases of U.S. beans.Wheat also edged higher as traders took positions ahead of the much-anticipated U.S. Department of Agriculture's crop rep...
Reuters
Mon, Jan 12
WTI climbs above $59.00 amid Middle East tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.20 during the early Asian trading hours on Monday. The WTI price jumps as tensions in Iran are fueling concerns in the oil market.
WTI
Fxstreet
Mon, Jan 12
Safe-haven gold breaks through $4,600/oz for the first time
Jan 12 (Reuters) - Spot gold surged to break above the psychological milestone of $4,600 an ounce on Monday for the first time, as safe-haven demand and expectations of rate cuts kept bullion a favored asset.
Reuters
Mon, Jan 12
India's Reliance pauses cell-making plans, Bloomberg News reports
Jan 11 (Reuters) - India's Reliance Industries RELI.NS has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology, Bloomberg News reported on Sunday. Reuters could not immediately verify the report.
Reuters
Mon, Jan 12
Japan sets sail on rare earth hunt as China tightens supplies
SHIZUOKA, Japan, Jan 12 (Reuters) - A Japanese mining ship departed on Monday for a remote coral atoll to probe mud rich in rare earths, part of Tokyo's drive to curb its reliance on China for critical minerals as Beijing tightens supply.
Reuters
Mon, Jan 12
Gold Price Forecast: XAU/USD rises to record high above $4,550 on geopolitical risks, rate cut bets
Gold price ( XAU/USD) rises to a fresh all-time high near $4,555 during the early Asian session on Monday. The precious metal extends its upside amid safe-haven demand and expectations of a US interest rate cut.
Gold
Fxstreet
Mon, Jan 12
Australia critical minerals reserve to prioritise antimony, gallium, rare earths
MELBOURNE, Jan 12 (Reuters) - Australia will prioritise antimony, gallium and rare earth elements as part of its A$1.2 billion ($802 million) strategic reserve, it said on Monday, as its Treasurer Jim Chalmers prepares to join a G7 meeting to discuss critical minerals.Australia and several other co
Reuters
Mon, Jan 12
Spot gold rises more than 1% to hit all-time high at $4,563.61
Jan 12 (Reuters) - Spot gold XAU= rose over 1% to hit its first record high of 2026 on Monday, at $4,563.61/oz propelled by safe-haven demand amid geopolitical risks and a poor jobs print on Friday bolstering interest rate cut bets by the U.S. Federal Reserve.
Reuters
Mon, Jan 12
Oil climbs, intensifying unrest in Iran spark supply concerns
Deaths from Iran protests reach more than 500, rights group saysAt least 1.9 mln bpd of Iran's oil exports at risk, ANZ saysCompanies scramble to secure ships for Venezuelan oil, sources sayBy Florence Tan SINGAPORE, Jan 12 (Reuters) - Oil prices extended gains on Monday on growing concerns t...
Reuters
Mon, Jan 12
RPT-ANALYSIS-With Venezuela raid, US tells China to keep away from the Americas
Beijing bet big on relations with CaracasAmerican operation deals blow to Chinese strategy in the AmericasTrump's China policy includes both concessions and assertive new stancesBy Michael Martina, Trevor Hunnicutt and David Brunnstrom WASHINGTON, Jan 11 (Reuters) - Among the many goals of la...
Reuters
Sun, Jan 11
A thousand Kyiv apartment blocks still without heating after Russian strike
Russia has intensified bombardment of Ukraine's energy systemStrikes on Friday leave almost all Kyiv without heating amid cold snapWar's fourth winter could be coldest and darkest yet By Pavel Polityuk and Anna Voitenko KYIV, Jan 11 (Reuters) - More than 1,000 apartment buildings in the ...
Reuters
Sun, Jan 11
A thousand Kyiv apartment blocks still without heating after Russian strike
Russia has intensified bombardment of Ukraine's energy systemStrikes on Friday leave almost all Kyiv without heating amid cold snapWar's fourth winter could be coldest and darkest yet KYIV, Jan 11 (Reuters) - More than 1,000 apartment buildings in the Ukrainian capital Kyiv are still wi...
Reuters
Sun, Jan 11
UK says NATO talks on deterring Russia in the Arctic 'business as usual'
LONDON, Jan 11 (Reuters) - Britain said on Sunday discussions with other NATO members on deterring Russian activity in the Arctic were "business as usual", after media reports the UK was in talks with its European allies about deploying a military force to Greenland.The Telegraph reported on...
Reuters
Sun, Jan 11
Cuba defiant after Trump says island to receive no more Venezuelan oil or money
Cuba has the right to import fuel from any suppliers, foreign minister saysVenezuela was Cuba's largest supplier last year with some 26,500 barrels per day of crude and fuelMexico is emerging as alternative oil supplier to the islandCuban president says Cuba prepared to "defend homeland to l...
Reuters
Sun, Jan 11
Cuba foreign minister accuses US Of behaving in a 'criminal' manner, threatening global peace
MEXICO CITY, Jan 11 (Reuters) - Cuba's Foreign Minister Bruno Rodriguez said the country has not received compensation for security services provided to any other country, according to a post on X on Sunday. He added that the Cuba has the right to import fuel from any country willing to export i...
Reuters
Sun, Jan 11
ANALYSIS-With Venezuela raid, US tells China to keep away from the Americas
Beijing bet big on relations with CaracasAmerican operation deals blow to Chinese strategy in the AmericasTrump's China policy includes both concessions and assertive new stancesBy Michael Martina, Trevor Hunnicutt and David Brunnstrom WASHINGTON, Jan 11 (Reuters) - Among the many goals of la...
Reuters
Sun, Jan 11
US to push for quicker action in reducing reliance on China for rare earths
US Treasury's Bessent said frustrated with lack of urgency G7 plus India, South Korea, Australia and Mexico to attendChina dominates critical minerals productionBy Andrea Shalal WASHINGTON, Jan 11 (Reuters) - U.S. Treasury Secretary Scott Bessent will urge Group of Seven nations and others to...
Reuters
Sun, Jan 11
A thousand Kyiv apartment blocks still without heating after Russian strike
KYIV, Jan 11 (Reuters) - More than 1,000 apartment buildings in the Ukrainian capital Kyiv are still without heating following a devastating Russian attack earlier this week, local authorities said on Sunday.Russia has intensified bombardments of Ukraine's energy system since it invaded its neig...
Reuters
Sun, Jan 11
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