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European natural gas and power prices drop – Danske Bank
European natural gas and power prices have dropped back over the past week despite a cold spell adding to heating demand in Northern Europe, Danske Bank's FX analyst Mohamad Al-Saraf reports.
Fxstreet
Fri, Feb 21
Vietnam to impose temporary anti-dumping tariff on China steel products
Adds ministry official, trade data, companies facing duties from paragraph 2By Amy Lv and Phuong Nguyen HANOI/BEIJING, Feb 21 (Reuters) - Vietnam will impose a temporary anti-dumping levy of up to 27.83% on some steel products from China, according to a trade ministry document seen by Reuters.The...
Reuters
Fri, Feb 21
Sibanye shares slump after second loss in two years
Low platinum prices push miner to second successive annual lossGold contributes 45% to group income, up from 17% previouslyInvestment decision on U.S. lithium JV imminentWrites through with shares, CEO comments Feb 21 (Reuters) - Sibanye Stillwater's SSWJ.J shares slumped to their lowest this...
Reuters
Fri, Feb 21
EU will propose establishing fleet of vessels for emergency undersea cable repairs
HELSINKI, Feb 21 (Reuters) - The European Commission will propose boosting surveillance of undersea cables and establishing a fleet of vessels available to repair cables in emergencies, it said in an action plan published Friday.The announcement comes at a time when some European governments are con...
Reuters
Fri, Feb 21
Gold drops over 1% from Thursday’s all-time high
Gold’s price (XAU/USD) slides over 1% lower from its Thursday all-time high of $2,954 and trades around $2,925 at the time of writing on Friday.
Gold
Fxstreet
Fri, Feb 21
China export curbs push European bismuth prices to highest since 2008
China produced more than 80% of world's bismuth last year - USGS Alternative producers include Korea, Japan and Laos By Anushree Mukherjee and Ashitha Shivaprasad Feb 21 (Reuters) - Bismuth prices in Europe have soared to their highest in nearly 17 years after China's plan to impose expor...
Reuters
Fri, Feb 21
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Friday, according to FXStreet data. Silver trades at $32.87 per troy ounce, broadly unchanged 0.07% from the $32.89 it cost on Thursday. Silver prices have increased by 13.76% since the beginning of the year.
Silver
Fxstreet
Fri, Feb 21
Tokyo Gas to sell US shale gas stake to Shizuoka Gas for $130 million
TOKYO, Feb 21 (Reuters) - Tokyo Gas 9531.T, Japan's biggest city gas supplier, will sell its 25% stake in an Eagle Ford shale gas project in south Texas to Shizuoka Gas 9543.T for $130 million under an asset portfolio review to improve efficiency, it said on Friday.The move will leave it to focu...
Reuters
Fri, Feb 21
EUROPE GAS-Prices steady amid sufficient supply, milder weather
Feb 21 (Reuters) - European and British gas contracts were largely steady on Friday amid milder weather ahead, steady supplies from Norway and liquefied natural gas (LNG) and ongoing uncertainty over future Russian gas supply in case of a Ukraine peace deal.The benchmark front-month contract at the ...
Reuters
Fri, Feb 21
Oil flows from Tengiz field via CPC uninterrupted -Ifax cites Tengizchevroil
MOSCOW, Feb 21 (Reuters) - Oil flows from Kazakhstan's Tengiz oilfield via the Caspian Pipeline Consortium (CPC) are uninterrupted, Russian news agency Interfax reported on Friday, citing Tengizchevroil.A CPC pumping station in Russia was damaged by a Ukrainian drone strike earlier this week, wi...
Reuters
Fri, Feb 21
Crude Oil price today: WTI price bearish, according to FXStreet data
West Texas Intermediate (WTI) Oil price falls on Friday, according to FXStreet data.
WTI
Fxstreet
Fri, Feb 21
Russia says NATO threats to its port infrastructure have intensified, RIA reports
MOSCOW, Feb 21 (Reuters) - Russia's Security Council said on Friday that threats to Russian port infrastructure from NATO had intensified, and that overall threats to maritime security had increased during the conflict in Ukraine, Russian state news agency RIA reported.
Reuters
Fri, Feb 21
Indonesia minister says Freeport can resume copper concentrate exports
Adds detailsJAKARTA, Feb 21 (Reuters) - The Indonesian government has agreed to allow copper miner PT Freeport Indonesia to resume exports of copper concentrate until repairs at its smelter are completed, Energy and Mineral Resources Minister told reporters on Friday.The government had previously gi...
Reuters
Fri, Feb 21
METALS-London aluminium lingers near eight-month high
Updates with mid-session trading Feb 21 (Reuters) - London aluminium prices hovered near a more than eight-month-high on Friday as traders assessed concerns over European Union envoys' agreement to ban Russian primary aluminium imports in the sanctions package. Three-month aluminium CM...
Reuters
Fri, Feb 21
Indonesia minister says Freeport can export copper concentrate during smelter repairs
JAKARTA, Feb 21 (Reuters) - The Indonesian government has agreed to allow copper miner PT Freeport Indonesia to resume exports of copper concentrate until repairs at its smelter are completed, Energy and Mineral Resources Minister told reporters on Friday.The government will impose export duties on ...
Reuters
Fri, Feb 21
Electric transport groups urge EU not to ease CO2 emission rules
By Alessandro Parodi and Philip Blenkinsop Feb 21 (Reuters) - The European Union should reject European automakers' push to weaken 2025 CO2 car emission targets and related fines, two European electric transport groups wrote in a letter to European Commission President Ursula von der Leyen on...
Reuters
Fri, Feb 21
PRECIOUS-Gold set for eighth weekly gain as tariff threats boost safe-haven demand
Silver, palladium on track for weekly gainGold scaled record high in previous session Adds comments, graphics and updates with mid-session tradingBy Rahul Paswan Feb 20 (Reuters) - Gold prices edged lower on Friday from a record high hit in the previous session, but stayed on track for their eigh...
Reuters
Fri, Feb 21
BRIEF-Shizuoka Gas Co Ltd- Acquisition Of Interests In Shale Gas Development Project
Feb 21 (Reuters) - Shizuoka Gas Co Ltd 9543.T:SHIZUOKA GAS CO LTD- ACQUISITION OF INTERESTS IN SHALE GAS DEVELOPMENT PROJECTSHIZUOKA GAS CO LTD- PROJECT INVOLVES JOINT OWNERSHIP OF INTERESTS BY LEWIS ENERGY GROUP AS OPERATOR, TGER AND BP ENERGY AS NON-OPERATOR IN EAGLE FORD FORMATION AND OTHER AREAS...
Reuters
Fri, Feb 21
EU seeks more US gas, renewable energy to replace Russian supplies
EU plans stricter gas market controls to prevent price spikesDraft shows EU aims for long-term LNG contracts to stabilize pricesBy Kate Abnett BRUSSELS, Feb 21 (Reuters) - The European Union will seek more gas from countries including the U.S. to replace Russian supplies, and expand renewable ene...
Reuters
Fri, Feb 21
RPT-Riyadh Air CEO says airline supply chain issues starting to improve
Repeats February 20 story with no changesBy David French MIAMI, Feb 20 (Reuters) - Supply chains for major planemakers Boeing BA.N and Airbus AIR.PA are showing signs of moderate improvement, the chief executive of Saudi start-up Riyadh Air said on Thursday. Securing adequate parts, for both n...
Reuters
Fri, Feb 21
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