News
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Russia says Azov Sea's port of Temryuk damaged in Ukrainian attack
MOSCOW, Dec 5 (Reuters) - Azov Sea's port infrastructure in Russia's Temryuk was damaged in a Ukrainian drone attack, the local emergencies center said on Friday."There was a fire... Special and emergency services are working on site," the center said in a statement posted on the Tel...Reuters
Fri, Dec 5
India's BPCL buys Russian Urals, CPC from non-sanctioned entities, sources say
NEW DELHI, Dec 5 (Reuters) - India's state-run Bharat Petroleum Corp BPCL.NS has placed an order for 2 million barrels of Russian Urals oil and a similar quantity of CPC Blend from non-sanctioned suppliers for January loading, trade sources familiar with the matter said. The deal has been done a...Reuters
Fri, Dec 5
Gold flat lines above $4,200 mark; looks to US PCE Price Index for some meaningful impetus
Gold (XAU/USD) struggles to capitalize on the overnight bounce from the $4,175 area, or the vicinity of the weekly trough, and oscillates in a narrow trading range during the Asian session on Friday.
Fxstreet
Fri, Dec 5
Silver Price Forecast: XAG/USD rises to near $57.50 on dovish Fed expectations
Silver price (XAG/USD) trades 0.5% higher to near $57.50 during the Asian trading session on Friday. The white metal rises after regaining ground, following a correction move to near $56.50 from the all-time high of $58.90.
Fxstreet
Fri, Dec 5
GRAINS-Soybeans set to snap seven-week rally on China demand worries
BEIJING, Dec 5 (Reuters) - Chicago soybean futures slipped on Friday and were set for their first weekly loss in eight, pressured by concerns over China's slow soy buying pace.The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 eased 0.18% to $11.17-1/2 a bushel by 0346 GMT...Reuters
Fri, Dec 5
Chevron's Gorgon LNG project secures $2 billion investment nod
By Helen Clark PERTH Dec 5 (Reuters) - The Australian unit of U.S. oil giant Chevron CVX.N said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast.The development will be used...Reuters
Fri, Dec 5
GRAINS-Soybeans set to snap seven-week rally on slow China buying
BEIJING, Dec 5 (Reuters) - Chicago soybean futures slipped on Friday and were set for their first weekly loss after seven straight weeks of rise, pressured by concerns over China's slow soy buying pace.Wheat fell amid ample global supplies but remained on course for a weekly gain. Meanwhile, cor...Reuters
Fri, Dec 5
REFILE-Oil prices head for 2% weekly gain as Fed hopes boost market, Venezuela tensions loom
By Colleen HoweBEIJING, Dec 5 (Reuters) - WTI oil prices were heading for weekly gains of close to 2% in early trading on Friday, supported by an expected Federal Reserve interest rate cut, escalating U.S.-Venezuela tensions and stalled peace talks in Moscow.It would be a second straight week of inc...Reuters
Fri, Dec 5
US minerals projects seek 'industrial vision' from Washington to compete with China
Washington must move even faster to bolster critical minerals projects and offset Beijing's grip on the world's supply of the building blocks for electronics, weapons and a range of other goods, three U.S. mining and refining executives said on Thursday.Reuters
Fri, Dec 5
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Dec 5 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$63.54/$63.86sup $63.28/$63.03/$62.71Palm oil (3rd month)-res 4,128/4,148 ringgitsup 4,103/4,062 ringgitWTI(1st month)$60.06/$60.44sup $59.49/$59.04Spot gold$4,179/$4,140re...Reuters
Fri, Dec 5
Russia's Putin to hold summit talks with India's Modi in Delhi
Putin's visit aims to boost trade amid Western sanctionsIndia balances ties with Russia and U.S. amid trade talksModi and Putin to discuss defence, oil, and nuclear energy NEW DELHI, Dec 5 (Reuters) - Russian President Vladimir Putin will hold summit talks with Prime Minister Narendra Modi in...Reuters
Fri, Dec 5
Chevron Australia & Gorgon JV Participants Takes Final Investment Decision On Gorgon Stage 3 Development
Dec 5 (Reuters) - Chevron Corp CVX.N:CO, GORGON JV PARTICIPANTS TAKEN FINAL INVESTMENT DECISION ON GORGON STAGE 3 DEVELOPMENTDEVELOPMENT INVOLVES INSTALLATION OF 3 MANIFOLDS, 35KM PRODUCTION FLOWLINE AMONG OTHER ASSOCIATED INFRASTRUCTUREA$3 BILLION BACKFILL DEVELOPMENT CONNECTS OFFSHORE GERYON &...Reuters
Fri, Dec 5
Chevron-operated Gorgon project secures $2 billion investment nod
Dec 5 (Reuters) - The Australian unit of U.S. oil giant Chevron Corp CVX.N said on Friday that the partners of the Gorgon Joint Venture have made a final investment decision on the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast.The investment will ...Reuters
Fri, Dec 5
LIVESTOCK-Cattle futures end higher on cold weather, rising cash prices
By Julie IngwersenCHICAGO, Dec 4 (Reuters) - Chicago Mercantile Exchange (CME) cattle futures closed higher on Thursday for the third straight session, as cold and snowy conditions in the U.S. Plains and Midwest this week helped to lift cash cattle prices, brokers said.CME February live cattle LCG26...Reuters
Thu, Dec 4
CIF/FOB Gulf Grain-Soy barge bids creep higher, farmer selling stays slow
CHICAGO, Dec 4 (Reuters) - Basis bids continued to rise on Thursday for soybeans shipped by barge to U.S. Gulf Coast terminals, while CIF Gulf corn bids stayed largely steady, traders said.Farmer sales of both crops were slow, traders said.The U.S. Department of Agriculture did not confirm a "fl...Reuters
Thu, Dec 4
GRAINS-Corn, soybeans higher in technical bounce; wheat firms
By Julie Ingwersen CHICAGO, Dec 4 (Reuters) - Chicago corn futures rose modestly on Thursday on chart-based buying, firm cash markets and reminders of brisk export demand for U.S. supplies, analysts said.Soybean and wheat futures followed the firm trend, shrugging off pressure from larger-than-ex...Reuters
Thu, Dec 4
Soccer--England's Tuchel might keep substitutes inside if World Cup heat gets too fierce
Dec 4 (Reuters) - England manager Thomas Tuchel said he might keep his substitutes in the dressing room during matches at the 2026 World Cup next summer in an attempt to mitigate the impact of extreme heat."If this helps the players later in the match, we have to consider it," Tuchel told BB...Reuters
Thu, Dec 4
