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Spain investigating whether swine fever outbreak was caused by laboratory leak
By Charlie Devereux and Jesus Calero MADRID, Dec 5 (Reuters) - Spain is investigating whether a recent swine fever outbreak in Barcelona could have been caused by a laboratory leak, the Agriculture Ministry said on Friday.The country, the European Union's top pork producer, is trying to reass...
Reuters
Fri, Dec 5
SOFTS-Robusta coffee prices ease, set for weekly decline
LONDON, Dec 5 (Reuters) - Robusta coffee prices were lower on Friday and on course for a weekly loss with the damage to Vietnam's crop from recent storms seen as less significant than some had expected, while a record robusta crop in Brazil also weighed on prices. COFFEERobusta coffee LRCc2...
Reuters
Fri, Dec 5
India urges caution on lending for new solar module capacity as oversupply looms, ministry letter shows
By Sethuraman N R NEW DELHI, Dec 5 (Reuters) - India's clean energy ministry has urged banks and other lenders to be cautious in financing new solar photovoltaic module manufacturing capacity, highlighting the potential for oversupply in the local market, a ministry letter reviewed by Reuters...
Reuters
Fri, Dec 5
RPT-ROI-Will the real Doctor Copper please step forward?: Andy Home
By Andy Home LONDON, Dec 5 (Reuters) - Copper is on a bull surge with the price hitting record highs on both the London and Shanghai markets this week. Everyone's talking about a copper supply crunch. Physical premiums are soaring. Smelters are being squeezed by a shortfall of mined concentra...
Reuters
Fri, Dec 5
Congo's Gecamines partners with Mercuria to market critical minerals
Gecamines to control sales from JVs, compete in tendersUS brokers Congo-Rwanda peace deal to stabilise mineral supply chainsUS development agency weighing strategic stake in partnership DAKAR, Dec 5 (Reuters) - Congo's state miner Gecamines is partnering with Swiss commodities group Mercuria ...
Reuters
Fri, Dec 5
US natural gas futures surge 4% to 35-month high in cold snap
Extreme cold boosts cash prices to highest since last winterGas flows to LNG export plants near record highGas prices rise despite forecasts for milder weatherRecord gas output allows for increased storage levelsGlobal gas prices fall amid hopes for Ukraine peace talksBy Scott DiSavino NEW YORK, ...
Reuters
Fri, Dec 5
CBOT Trends-Corn down 1-3 cents, Soybeans and wheat mixed
CHICAGO, Dec 5 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Friday. WHEAT - Up 1 cent to down 3 cents per bushelWheat mixed as traders square positions ahead of the weekend and ahead o...
Reuters
Fri, Dec 5
Diana Shipping Inc. Announces Time Charter Contract For M/V P. S. Palios With Glencore
Dec 5 (Reuters) - Diana Shipping Inc DSX.N:DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT FOR M/V P. S. PALIOS WITH GLENCOREDIANA SHIPPING INC - GROSS CHARTER RATE SET AT $25,200 MINUS 5% COMMISSION, FOR A PERIOD UP TO MAXIMUM JAN 15, 2027DIANA SHIPPING INC - CHARTER EXPECTED TO COMMENCE ON DEC...
Reuters
Fri, Dec 5
GLOBAL LNG-Asia spot prices at fresh two-month low as mild weather softens demand
By Marwa RashadLONDON, Dec 5 (Reuters) - Asian spot liquefied natural gas prices hit their lowest level in two months as high inventories and mild weather weighed on demand. The average LNG price for January delivery into north-east Asia LNG-AS was $10.66 per million British thermal units, its lowes...
Reuters
Fri, Dec 5
YPF, Vista, Shell, Equinor ink shale oil export deal with Chile's ENAP
BUENOS AIRES, Dec 5 (Reuters) - Argentina's state-run YPF YPFDm.BA and fellow oil firms Vista VISTAA.MX, Shell Argentina SHEL.L and Equinor EQNR.OL have signed a deal with Chile's national oil company ENAP for the export of shale oil from Vaca Muerta, YPF said on Friday.The deal is valid unt...
Reuters
Fri, Dec 5
Hungarian energy group MVM prepares to phase out Russian gas if needed
By Krisztina Than and Gergely Szakacs BUDAPEST, Dec 5 (Reuters) - Hungary's state-owned MVM group will be able to supply the country with enough gas even if imports from Russia are halted, although prices will likely rise, its chief executive told Reuters.The European Union agreed on Wednesda...
Reuters
Fri, Dec 5
Copper price continues to surge – Commerzbank
Copper prices jumped to a new record of $11,540 per ton as fears mount over potential US import tariffs extending to refined Copper.
Fxstreet
Fri, Dec 5
Italy's Gold reserves become the focus of politics – Commerzbank
Italy is considering declaring its central bank’s 2,452 tons of Gold as the property of the people, a move opposed by the ECB over fears it could threaten bank independence.
Gold
Fxstreet
Fri, Dec 5
Russia’s Rosatom in talks with India on localising nuclear fuel production, RIA reports
MOSCOW, Dec 5 (Reuters) - Russia's Rosatom is discussing with India the possibility of localising production of nuclear fuel for nuclear power plants, RIA news agency reported on Friday.Rosatom has also agreed a memorandum with India on building new nuclear power plants and will expand cooperati...
Reuters
Fri, Dec 5
Russia proposes India localize production of Su-57 stealth fighter jet, TASS reports
MOSCOW, Dec 5 (Reuters) - Russia has proposed that India localize the production of the fifth-generation stealth fighter jet, the Sukhoi Su-57, on its territory, said Sergei Chemezov, CEO of the Russian state corporation Rostec, as quoted by the state news agency TASS on Friday
Reuters
Fri, Dec 5
Saudi Arabia lowers selling prices again – Commerzbank
Saudi Arabia has reduced its official selling prices for January Oil deliveries, with Asian customers now paying only $0.60 per barrel above the Oman/Dubai benchmark.
WTI
Fxstreet
Fri, Dec 5
Pakistan's OGDC ramps up unconventional gas plans
OGDC triples tight-gas study area to 4,500 sq kmShale pilot to expand to five-six wells by 2026-27OGDC's five-year plan to significantly change production profileDeepal offshore well spud planned for Q4 2026 in Indus BasinBy Ariba Shahid ISLAMABAD, Dec 5 - Pakistan's state-run Oil & G...
Reuters
Fri, Dec 5
Russian Oil exports rose significantly in late November – Commerzbank
Russia exported nearly 3.94 million barrels of Crude Oil per day last week, marking a 20% increase from the prior week despite US sanctions.
WTI
Fxstreet
Fri, Dec 5
China's imports at the start of the week – Commerzbank
Since the beginning of October, the price of a barrel of Brent crude Oil has fluctuated mainly between USD 60 and 65. This is unlikely to change in the coming week, as factors supporting and weighing on prices are likely to balance each other out.
Fxstreet
Fri, Dec 5
Gold trades steady as markets brace for delayed US PCE data
Gold (XAU/USD) trades marginally higher on Friday, oscillating within the familiar range that has defined price action this week, as dovish Federal Reserve (Fed) expectations keep the precious metal broadly supported.
Gold
Fxstreet
Fri, Dec 5
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