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India extends deadline for first annual US LPG import tender to Oct 17, sources say
By Nidhi Verma and Mohi Narayan NEW DELHI, Oct 9 (Reuters) - Indian state refiners have extended the closing deadline for their first joint long-term tender for importing liquefied petroleum gas (LPG) from the United States in 2026 by a week to October 17, trade sources said on Thursday.India pla...Reuters
Thu, Oct 9
ASIA COFFEE-Vietnam output expected to rise 10%-15% on good weather
By Phuong Nguyen and Mas Alina Arifin HANOI, Oct 9 (Reuters) - Vietnam is expected to produce 10% to 15% more good quality coffee beans this harvest season thanks to favourable weather conditions, traders said on Thursday. In the Central Highlands, its largest coffee-growing region, farmers ...Reuters
Thu, Oct 9
Germany's Merz heads to auto execs meeting without unified stance on EU's 2035 target
BERLIN, Oct 9 (Reuters) - Chancellor Friedrich Merz will meet executives from top German automakers later on Thursday without a unified government position on the European Union's plans to end the sale of carbon dioxide-emitting cars from 2035, he told journalists. Thursday's statement backs...Reuters
Thu, Oct 9
PRECIOUS-Gold holds above $4,000 as investors assess Israel-Hamas deal
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cutsSilver hovers near record high, palladium hit over 2-year highBy Anmol Choubey Oct 9 (Reuters) - Gold prices held above the $4,000 level on Thursday, as investors assesse...Reuters
Thu, Oct 9
Nestle quits global alliance on reducing dairy methane emissions
By Alexander Marrow LONDON, Oct 8 (Reuters) - Food group Nestle NESN.S said on Wednesday it had withdrawn from a global alliance for cutting methane emissions that aims to reduce the impact of dairy farming on global warming. The Dairy Methane Action Alliance was launched in December 2023, with m...Reuters
Thu, Oct 9
Dollar anxiety drives precious metals rally as gold trade gets crowded
Trump's policies raise global anxiety, boosting precious metalsGold rally lifts central banks' bullion holdings above U.S. Treasury bondsSilver at record, crosses $49/ouncePlatinum year's best performing precious metalBy Gregor Stuart Hunter SINGAPORE, Oct 9 (Reuters) - The surge in g...Reuters
Thu, Oct 9
INSIGHT-Russia's industrial titans furlough workers as its war economy stalls
Cutting costs, firms aim to trim work days, not jobsRailway, construction, auto and mining sectors affectedMove highlights pressure on Russia's war economyNon-military sectors shrank 5.4% since JanuaryBy Anastasia Lyrchikova and Gleb Stolyarov MOSCOW, Oct 9 (Reuters) - From railways and autom...Reuters
Thu, Oct 9
Singapore fuel oil stockpiles drop to two-week low
SINGAPORE, Oct 9 (Reuters) - Onshore fuel oil stockpiles in Singapore retreated to a two-week low after imports fell, official data showed on Thursday. Inventories for residual fuels STKRS-SIN fell to 23.67 million barrels (about 3.73 million metric tons) in the week to October 8, down 3.6% from the...Reuters
Thu, Oct 9
Citgo Petroleum Reports Emissions Event At Lemont, Illinois, Refinery
Oct 9 (Reuters) - CITGO PETROLEUM CORP: REPORTS EMISSIONS EVENT AT LEMONT, ILLINOIS REFINERY DUE TO COMPRESSOR MALFUNCTION ON OCT 8, 2025SOURCE: ILLINOIS EMERGENCY MANAGEMENT AGENCY FILINGREFINERY CAPACITY: 184,414 BARRELS PER DAYReuters
Thu, Oct 9
Elettrica EV launch marks Ferrari's push for 20% electric lineup by 2030
Sets 2030 EV share target to 20% of rangePrevious target for EV share was 40%Ferrari to roll out 4 new models per year in 2026-2030Deliveries of first EV to start in 2026 MARANELLO, Italy, Oct 9 (Reuters) - Ferrari RACE.MI will keep petrol and hybrid models at the heart of its lineup in coming ye...Reuters
Thu, Oct 9
UK's Johnson Matthey sees annual profit at top end of forecast
Oct 9 (Reuters) - British chemicals firm Johnson Matthey JMAT.L said on Thursday it expects its annual profit to come in at the higher end of its initial forecast range, buoyed by favourable precious metal prices and currency movements.The company had previously forecast its underlying operating pro...Reuters
Thu, Oct 9
METALS-Shanghai copper hits over 16-month high on supply concerns
SHANGHAI, Oct 9 (Reuters) - Shanghai copper jumped to a more than 16-month high on Thursday as trading resumed in China after the National Day holiday, with concerns over supply from major mines supporting prices in an already tight market.The most-traded copper contract on the Shanghai Futures Exch...Reuters
Thu, Oct 9
Zelenskiy says Russia likely facing 20% gasoline shortage after Ukrainian attacks
KYIV, Oct 9 (Reuters) - Ukrainian long-range strikes on Russian energy facilities may have resulted in gasoline shortages of up to 20%, President Volodymyr Zelenskiy said at a briefing.In remarks released on Thursday, he added that Kyiv's forces had used domestically produced Neptune and Flaming...Reuters
Thu, Oct 9
PRECIOUS-Gold takes a breather after safe-haven demand fuels record run
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cuts93% and 78% chances of rate cuts in October, December, respectively - CME FedWatchBy Ishaan Arora Oct 9 (Reuters) - Gold took a breather from a record run on Thursday, as...Reuters
Thu, Oct 9
WTI edges higher above $61.50 as US crude oil inventories rise
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday. The WTI gains traction amid a larger-than-expected crude inventory build. However, easing geopolitical tensions in the Middle East might cap its upside.Fxstreet
Thu, Oct 9
Indonesia asks Freeport to conduct evaluation after fatal mud flow accident
JAKARTA, Oct 9 (Reuters) - Indonesia has asked miner Freeport FCX.N to conduct an evaluation after a mud flow disaster at its Grasberg copper and gold mine, which killed seven workers, a mining ministry official said on Thursday.Reuters
Thu, Oct 9
