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BUZZ-COMMENT-An overbought gold price could present opportunities
Feb 19 (Reuters) - Despite geopolitical, fiscal, macroeconomic and international trade uncertainty continuing to drive investment flows towards the safety of gold, there might be scope to buy the yellow metal at better levels.Fundamentally the argument for holding gold is a strong one and the draw o...Reuters
Wed, Feb 19
China refiners buy more Brazilian, W.African crude as sanctions, tariffs disrupt supply
China's Brazilian crude imports could hit an eight-month high in February - analystSaudi crude to China to fall in March after price surgeYulong snaps up Brazilian and WAF crude for March, April deliveryBy Siyi Liu and Chen Aizhu SINGAPORE, Feb 19 (Reuters) - Chinese refiners have stepped...Reuters
Wed, Feb 19
Turkey says no information received yet on Iraq oil flows resuming
ANKARA, Feb 19 (Reuters) - Turkey has not yet received any information from Iraq on the resumption of oil flows on the Iraq-Turkey pipeline, Turkish Energy Minister Alparslan Bayraktar told Reuters on Wednesday.Iraq's oil minister said on Monday that oil exports from the semi-autonomous Kurdista...Reuters
Wed, Feb 19
PRECIOUS-Gold steadies as investors eye Russia-Ukraine peace talks
Bullion is only $4 shy of its $2,942.70 record highGold's upside remains capped, says analystTrump says he will introduce 25% tariffs on autosFed's January meeting minutes due later in the dayAdds comment and updates with mid-session tradingBy Rahul Paswan Feb 19 (Reuters) - Gold prices h...Reuters
Wed, Feb 19
EUROPE GAS-Dutch gas stable amid lower demand, healthy supply
LONDON, Feb 19 (Reuters) - Dutch wholesale gas prices were little changed on Wednesday morning amid lower demand and robust supply.The benchmark front-month contract at the Dutch TTF hub TRNLTTFMc1 inched down by 0.28 euro to 49.33 euros per megawatt hour (MWh) by 0853 GMT, according to LSEG data.Th...Reuters
Wed, Feb 19
TABLE-UAE's Fujairah oil inventory data for week ended February 17
Feb 19 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended February 17, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change f...Reuters
Wed, Feb 19
Zelenskiy says US minerals proposal needs work, Turkish media report
Zelenskiy says he told US minerals draft was not readyUkraine needs something in return for minerals, he says Says security guarantors must take part in peace talksAdds context, Zelenskiy comments on US peace plan, paragraphs 7-11 ANKARA, Feb 19 (Reuters) - President Volodymyr Zelenskiy was quote...Reuters
Wed, Feb 19
Zelenskiy says U.S. minerals proposal needs work, Turkish media report
ANKARA, Feb 19 (Reuters) - President Volodymyr Zelenskiy was quoted on Wednesday as saying a U.S. proposal for a critical minerals deal was unfair as it did not include security guarantees, and he did not want Ukraine to become a hub for raw materials. Last week Kyiv sent Washington a revised draft ...Reuters
Wed, Feb 19
Media report says Indonesia to allow Freeport Indonesia to export copper concentrate
Feb 19 (Reuters) - Indonesian mining minister Bahlil Lahadalia has said the government will allow Freeport Indonesia to export copper concentrate, following a meeting with President Prabowo Subianto on Tuesday, CNN Indonesia reported on Wednesday.Freeport Indonesia and the energy ministry did not im...Reuters
Wed, Feb 19
Kazakhstan to contact Ukraine over drone attack on Caspian pipeline, official says
ASTANA, Feb 19 (Reuters) - Kazakhstan will seek contact with Ukraine in order to avoid any repeat of this week's Ukrainian drone strike in southern Russia that hit a pumping station of the main Kazakh oil export pipeline, an official was quoted as saying on Wednesday.The attack on the station be...Reuters
Wed, Feb 19
METALS-LME copper eases on Trump's tariff threats on autos, semiconductors
Updates with mid-session trading Feb 19 (Reuters) - London copper eased on Wednesday as U.S. President Donald Trump's threat to impose 25% tariffs on automobiles and semiconductor chips raised concerns of about metal demand.Three-month copper on the London Metal Exchange (LME) CMCU3 eased 0.2...Reuters
Wed, Feb 19
RUBBER-Japan futures pare gains as US auto tariff threats outweigh supply concerns
Japanese rubber futures retreated on Wednesday, as fresh tariff threats from U.S. President Donald Trump on automobiles dampened demand prospects for the tyre-making material, outweighing supply woes in top producer Thailand.Reuters
Wed, Feb 19
Goldman Sachs says it does not see Ukraine ceasefire boosting Russia output
Feb 19 (Reuters) - A potential Ukraine ceasefire and the associated easing in sanctions on Russia are unlikely to substantially increase Russia's oil flows, Goldman Sachs said on Wednesday. U.S. President Donald Trump's administration said on Tuesday it had agreed to hold more talks with ...Reuters
Wed, Feb 19
GRAINS-Corn holds near 16-month high on strong US export demand
Adds analyst comment, updates prices CANBERRA, Feb 19 (Reuters) - Chicago corn futures rose on Wednesday and were within a whisker of the previous day's 16-month high, with strong U.S. export demand, falling inventories and fund buying supporting prices.Wheat futures also gained and were near...Reuters
Wed, Feb 19
Saudi Arabia's ACWA Power to buy Engie's share in Kuwait and Bahrain assets
Adds ACWA CEO quote, details in paragraphs 4-6By Hadeel Al SayeghDUBAI, Feb 19 (Reuters) - Saudi Arabia's ACWA Power 2082.SE plans to buy stakes in assets in Kuwait and Bahrain worth $693 million from French utility developer Engie ENGIE.PA, the companies said in a joint statement on Wednesday.T...Reuters
Wed, Feb 19
TECHNICALS-CBOT soybeans may retest resistance at $10.45-1/2
For more technical analyses, please click SINGAPORE, Feb 19 (Reuters) - The CBOT soybean March contract SH25 may retest resistance at $10.45-1/2 per bushel, a break above which could open the way towards the $10.52 to $10.58-3/4 range.A correction from $10.80 could have completed, as suggested by th...Reuters
Wed, Feb 19
BRIEF-Toyota Halts Production At 14 Domestic Factories On Wednesday Due To Disruption From Snow, Nikkei Says
Feb 19 (Reuters) - Toyota Motor Corp 7203.T:TOYOTA HALTS PRODUCTION AT 14 DOMESTIC FACTORIES ON WEDNESDAY DUE TO DISRUPTION FROM SNOW, NIKKEI SAYSTOYOTA EXPECTED TO RESUME NORMAL PRODUCTION ON THURSDAY MORNING, NIKKEI SAYSFurther company coverage: 7203.TReuters
Wed, Feb 19
