News
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Ensign Energy's Q2 net loss widens on lower crude oil prices
OverviewEnsign Energy Q2 revenue falls 5% to C$372.4 mln, missing expectationsAdjusted EBITDA declines 19% to C$81.4 mln for Q2 2025Net loss widens to C$26.4 mln from C$4.5 mln in Q2 2024OutlookEnsign targets C$600 mln debt reduction by end of 2025Company budgets C$154 mln maintenance capital for 20...Reuters
Fri, Aug 8
EUROPE GAS-Prices trade sideways as market awaits clarity on sanctions
Aug 8 (Reuters) - Dutch and British wholesale gas prices were little changed on Friday morning as the market awaits news on whether or not the U.S. will impose new sanctions on Russia.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was down 0.11 euro at 32.92 euros per megawatt h...Reuters
Fri, Aug 8
METALS-Copper poised for weekly gain on softer dollar, China demand hopes
By Brijesh Patel Aug 8 (Reuters) - Copper prices rose on Friday and were on track for a weekly gain, supported by a weaker U.S. dollar and expectations of better demand from top consumer China.Three-month copper on the London Metal Exchange CMCU3 was up 0.3% at $9,714 per metric ton, as of 0750 G...Reuters
Fri, Aug 8
Idemitsu Executive: We Are Buying Small Amount Of Us Crude This Year To Diversify Supply
Aug 8 (Reuters) - Idemitsu Kosan Co Ltd 5019.T:IDEMITSU KOSAN OFFICIAL: REFINERY RUN WAS 78% FOR Q1, INCLUDING SCHEDULED MAINTENANCE, AND IS EXPECTED TO REMAIN AT 78% FOR THE FULL YEARIDEMITSU EXECUTIVE: NGHI SON REFINERY IN VIETNAM IS RUNNING ABOVE 100% CAPACITY AND POSTING OPERATING PROFIT, BUT IN...Reuters
Fri, Aug 8
Silver Price Forecast: XAG/USD stalls below $38.50 as the USD sell-off stops
Silver (XAG/USD) is trading higher on Friday and on track for a 3.5% weekly rally from $31.20 lows, but the precious metal is struggling to find acceptance in the upper range of the $38.00s, which might lead to some bearish correction.The Fundamental background remains favourable, with recent US datFxstreet
Fri, Aug 8
PRECIOUS-US gold futures hit record high after report of US tariffs on gold bars
US gold futures jump to an all-time high of $3,534.10US imposes tariffs on 1-kg gold bars, Financial Times reportsSpot gold on track for second straight weekly gain, up about 1% By Anmol Choubey Aug 8 (Reuters) - U.S. gold futures climbed to a record high on Friday after a report that the United ...Reuters
Fri, Aug 8
RUBBER-Japan futures log weekly gain on trade clarity, Thai weather woes
Aug 8 (Reuters) - Japanese rubber futures climbed on Friday, notching a weekly gain, as weather concerns in Thailand and improved clarity on U.S.-Japan trade policies buoyed market sentiment.The Osaka Exchange (OSE) rubber contract for January delivery JRUc6, 0#2JRU: was up 0.3 yen, or 0.09%, at 3...Reuters
Fri, Aug 8
India's HPCL explores Russian oil alternative amid price, sanction worry
By Nidhi Verma NEW DELHI, Aug 8 (Reuters) - India's Hindustan Petroleum Corp HPCL.NS is scouting for alternative crudes to protect itself if it were to stop buying Russian oil due to higher prices and sanctions, its chairman Vikas Kaushal said on Friday.Indian state refiners have paused buyin...Reuters
Fri, Aug 8
WTI tumbles to below $63.00 as tariff concerns mount
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.90 during the early European trading hours on Friday. The WTI trades in negative territory for the seventh consecutive day and heads for the biggest weekly loss since June.
Fxstreet
Fri, Aug 8
Renewables Infrastructure Group Says Spennymoor Battery Storage Project Set For Q3 Decision
Aug 8 (Reuters) - Renewables Infrastructure Group Ltd TRIG.L:RENEWABLES INFRASTRUCTURE GROUP LTD H1 NET ASSET VALUE PER SHARE GBP 1.082RENEWABLES INFRASTRUCTURE GROUP: DIVIDEND GUIDANCE OF 7.55P/SHARE FOR FY 2025 IS REAFFIRMEDRENEWABLES INFRASTRUCTURE GROUP- SPENNYMOOR BATTERY STORAGE PROJECT BEING ...Reuters
Fri, Aug 8
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $62.92 per barrel, down from Thursday’s close at $63.21.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.92 after its previous daily close at $66.14.Fxstreet
Fri, Aug 8
Eneos Executive We Still Aim For An Annual Run Rate Above Last Year’S 78% (Not 76%)
Aug 8 (Reuters) - ENEOS Holdings Inc 5020.T:ENEOS EXECUTIVE: WE STILL AIM FOR AN ANNUAL RUN RATE ABOVE LAST YEAR'S 78% (NOT 76%)ENEOS EXECUTIVE: REFINERY'S RUN RATE, EXCLUDING SCHEDULED MAINTENANCE, WAS 74% IN Q1 DUE TO SEVERAL TROUBLEENEOS EXECUTIVE: TO DIVERSIFY CRUDE SUPPLY AND REDUCE MI...Reuters
Fri, Aug 8
GRAINS-Wheat, corn and soy steady after price falls stoke demand
CANBERRA, Aug 8 (Reuters) - Chicago wheat, corn and soybean futures rose slightly on Friday, building on the previous session's gains after a decline in prices to multi-month or multi-year lows triggered some demand for U.S. exports.The most-active wheat contract on the Chicago Board of Trade (C...Reuters
Fri, Aug 8
Eneos Executive - Refinery's Run Rate, Excluding Scheduled Maintenance, Was 74% In Q1 Due To Several Trouble
Aug 8 (Reuters) - ENEOS Holdings Inc 5020.T:ENEOS EXECUTIVE: REFINERY'S RUN RATE, EXCLUDING SCHEDULED MAINTENANCE, WAS 74% IN Q1 DUE TO SEVERAL TROUBLEENEOS EXECUTIVE: WE STILL AIM FOR AN ANNUAL RUN RATE ABOVE LAST YEAR’S 76%ENEOS EXECUTIVE: TO DIVERSIFY CRUDE SUPPLY AND REDUCE MIDDLE EAST RE...Reuters
Fri, Aug 8
TECHNICALS-CBOT soybeans to rise into $10.04-3/4 to $10.12 range
For more technical analyses, please click SINGAPORE, Aug 8 (Reuters) - The CBOT soybean November contract SX25 is expected to rise into a range of $10.04-3/4 to $10.12 per bushel, due to the completion of a five-wave cycle from $10.43.The peak of the wave 4 is close to $10.04-3/4, which serves as a ...Reuters
Fri, Aug 8
ASIA GOLD-Price rise dulls activity in top Asian hubs
India prices hit all-time high of 102,191 rupees per 10 gramsIndia dealers offer $9/oz discount this weekChina premiums at par to $2/oz this weekBy Rajendra Jadhav and Brijesh PatelAug 8 (Reuters) - Physical gold demand in key Asian hubs slipped this week as a rise in prices weighed on buying intere...Reuters
Fri, Aug 8
