News
Important Only
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.31 per barrel, down from Monday’s close at $65.68.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.05 after its previous daily close at $68.39.
Fxstreet
Tue, Jul 22
COLUMN-Holes in EU Russia sanctions put attention back on Trump oil threat: Bousso
EU sanctions unlikely to impact Russia's oil revenue severelyIndia and China may continue buying discounted Russian crudeTrump's secondary sanctions could pressure Russia but risk global oil price surgeBy Ron Bousso LONDON, July 22 - The European Union's latest effort to restrict Russ...Reuters
Tue, Jul 22
Russia may export 53-55 mln tons of grain in 2025-2026 season, Interfax cites minister
MOSCOW, July 22 (Reuters) - Russian Agriculture Minister Oksana Lut said Russian grain exports may reach 53-55 million metric tons in 2025-2026 season, the Interfax news agency reported on Tuesday. She added that the ministry maintained the forecast for the grain crop at not less than 135 million ...Reuters
Tue, Jul 22
China's Cosco seeks veto power in deal for Li Ka-shing's ports, Bloomberg News reports
July 21 (Reuters) - China's state-owned shipping company China Cosco Shipping is looking to join the global consortium that's acquiring Hong Kong business tycoon Li Ka-shing's overseas ports and is requesting veto rights or equivalent power in the entity which will take over 43 ports, Bl...Reuters
Tue, Jul 22
Gold price remains below $3,400, potential upside on trade-related anxiety
Gold price (XAU/USD) edges lower on Tuesday after two days of gains. However, the price of the safe-haven metal may appreciate due to prevailing uncertainty ahead of US President Donald Trump's August 1 tariff deadline.
Fxstreet
Tue, Jul 22
Jfe Holdings CEO - We Need To Consider Risk Of Prolonged Low Steel Prices Due To High Production And Exports From China
July 22 (Reuters) - JFE Holdings Inc 5411.T:JFE HOLDINGS CEO: WE NEED TO CONSIDER RISK OF PROLONGED LOW STEEL PRICES DUE TO HIGH PRODUCTION AND EXPORTS FROM CHINAJFE HOLDINGS CEO: AIM TO SHIFT OUR MANAGEMENT RESOURCES TOWARD GROWTH MARKETS SUCH AS THE US AND INDIASource text: [ID:]Reuters
Tue, Jul 22
GRAINS-Wheat falls as Russia's new crop arrives on the market
CANBERRA, July 22 (Reuters) - Chicago wheat futures fell on Tuesday as top exporter Russia began to ship grain from its new crop, underscoring expectations of plentiful supply in the months ahead. Corn and soybean futures rose slightly, clawing back some of the previous session's losses amid a m...Reuters
Tue, Jul 22
PRESS DIGEST-British Business - July 22
July 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Britain's economy could gain an extra 3.7 billion pounds ($4.99 billion) a year and create more th...Reuters
Tue, Jul 22
METALS-Shanghai metals rise on prospect of better China demand
By Hongmei Li SINGAPORE, July 22 (Reuters) - The most-traded metals contracts on the Shanghai Futures Exchange rose on Tuesday, supported by signs of better demand from China as authorities vow to stabilise industrial growth and a major hydropower project in Tibet.SHFE nickel SNIcv1 gained 1....Reuters
Tue, Jul 22
In South Korea's 'apple county', farmers beg not to be sacrificed for US trade deal
South Korea may make concessions on U.S. agricultural importsApple farmers fear competition from cheaper U.S. importsSouth Korea's apple prices nearly triple OECD averageBy Hyunjoo Jin CHEONGSONG, South Korea, July 22 (Reuters) - The apples grown in the South Korean county of Cheongsong in th...Reuters
Tue, Jul 22
Oil edges lower as trade war concerns increase worries about fuel demand
By Anjana Anil July 22 (Reuters) - Oil prices edged down on Tuesday as concerns the brewing trade war between major crude consumers the U.S. and the European Union will curb fuel demand growth by lowering economic activity weighed on investor sentiment. Brent crude futures LCOc1 fell 24 cents, or...Reuters
Tue, Jul 22
GRAINS-Wheat falls as Russia's new crop arrives on the market
CANBERRA, July 22 (Reuters) - Chicago wheat futures fell on Tuesday as top exporter Russia began to ship grain from its new crop, underscoring expectations of plentiful supply in the months ahead. Corn and soybean futures rose slightly, clawing back some of the previous session's losses amid a m...Reuters
Tue, Jul 22
Australia's Champion Iron secures $179.1 million from Nippon Steel, Sojitz for Canada project
July 22 (Reuters) - Australia's Champion Iron Ltd CIA.AX said on Tuesday Japan's Nippon Steel 5401.T and Sojitz Corp 2768.T will invest an initial C$245 million ($179.11 million) in its Kami iron ore project in Canada for an aggregate 49% interest.The investment follows an agreement that the...Reuters
Tue, Jul 22
WTI loses ground to near $65.50 amid concerns over mounting global supply, tariff fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.65 during the early Asian trading hours on Tuesday. The WTI loses traction amid concerns of a mounting global oil supply glut.Fxstreet
Tue, Jul 22
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, July 22 (Reuters) - Contract Target Support/Resistance Brent oil $68.26res $69.17/$69.62/$70.07Palm oil (3rd month)4,198/4,150 ringgitres 4,258/4,294 ringgitWTI* $66.25res $67.35/$67.61/$68.13Spot gold$3,401/$3,418sup $3,385/$3,373LME copper ...Reuters
Tue, Jul 22
Taiwan's CPC denies 'specific' US shale gas acquisition talks
TAIPEI, July 22 (Reuters) - Taiwan's state-owned energy company CPC Corp said it is not in talks for "specific" shale gas fields in the United States, but it does not rule out any prospective partners and will make the most favourable decision based on its own evaluations.CPC CHIP.UL is ...Reuters
Tue, Jul 22
Global investment in fusion energy rises the most since 2022
By Timothy Gardner WASHINGTON, July 21 (Reuters) - Global fusion energy investment grew by $2.64 billion in the year since last July, an industry group said in an annual industry survey on Monday, but companies said they need much more money to take the industry commercial. The investment rise to...Reuters
Mon, Jul 21
BHP exits $942 million Tanzania nickel project, partner Lifezone says
MELBOURNE, July 21 (Reuters) - BHP Group BHP.AX has opted to sell its interest in the $942 million Kabanga nickel project in Tanzania to its partner Lifezone Metals LZM.N for as much as $83 million, Lifezone said. The NYSE-listed company will acquire BHP's 17% equity interest in Kabanga Nickel L...Reuters
Mon, Jul 21
CORRECTED-BHP exits $942 million Tanzania nickel project, partner Lifezone says
MELBOURNE, July 21 (Reuters) - BHP Group BHP.AX has opted to sell its interest in the $942 million Kabanga nickel project in Tanzania to its partner Lifezone Metals LZM.N for as much as $83 million, Lifezone said. The NYSE-listed company will acquire BHP's 17% equity interest in Kabanga Nic...Reuters
Mon, Jul 21
