News
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Gold edges lower on stronger equities as investors look ahead to next Fed meeting
Dec 4 (Reuters) - Gold ticked lower on Thursday as gains in equities markets in Asia and Europe weighed on safe-haven demand, while investors turned their attention to next week's U.S. Federal Reserve meeting and upcoming U.S. data that could shape the outlook for interest rates.Reuters
Thu, Dec 4
Macron urges Xi to help correct 'unsustainable' global trade imbalances
Macron in Beijing for fourth state visit to ChinaFrench President being accompanied by large business delegationUrged China's Xi to cooperate on geopolitics, trade, environmentXi told France to maintain its independence in geopoliticsBy Joe Cash and Michel Rose BEIJING/PARIS, Dec 4 (Reuters) ...Reuters
Thu, Dec 4
GRAINS-Soybeans steady after three-day fall, China demand in focus
PARIS/BEIJING, Dec 4 (Reuters) - Chicago soybean futures inched up on Thursday, steadying after a three-day fall with support from a weaker dollar, while traders sought more indications about Chinese purchases of U.S. soy.Wheat was little changed as traders awaited updated crop forecasts from major ...Reuters
Thu, Dec 4
Gold Price Forecast: XAU/USD is looking for direction at $4,200
Gold (XAU/USD) is posting minor losses for the third consecutive day on Thursday, weighed by lower demand for safe havens amid a moderate risk appetite. The precious metal, however, remains supported above the mid-range of the $4,100s with the $4,264 high at a short distance.Fxstreet
Thu, Dec 4
SOFTS-Robusta coffee prices ease as Vietnam rains subside
LONDON, Dec 4 (Reuters) - Robusta coffee futures on ICE steadied on Thursday after earlier hitting their lowest in nearly three weeks amid relief that storms, floods and landslides in top grower Vietnam have finally subsided. COFFEE Robusta coffee LRCc1 edged up 0.1% to $4,218...Reuters
Thu, Dec 4
RPT-ROI-US LNG exports will shrink if margin squeeze intensifies: Bousso
By Ron Bousso LONDON, Dec 4 (Reuters) - Soaring U.S. natural gas prices are eroding profit margins for the nation's LNG producers, a trend that could deepen in the coming years, forcing exports to drop as global competition heats up.U.S. benchmark Henry Hub gas prices NGc1 spiked on Wednesday...Reuters
Thu, Dec 4
Shipping industry's return to Suez will be gradual, Hapag-Lloyd CEO says
No date has been set for return to Red Sea shippingHapag-Lloyd is monitoring the situation closely, CEO saysDemand for Hapag-Lloyd transport rose month-on-month in NovemberCompany focused on cutting unit costs over next 12-18 monthsBy Vera Eckert FRANKFURT, Dec 4 (Reuters) - There is no specific ...Reuters
Thu, Dec 4
China is issuing streamlined licenses for rare earth exports, state media says
BEIJING, Dec 4 (Reuters) - China said on Thursday it is issuing streamlined rare earth export licenses - a key promised outcome after a meeting between U.S. President Donald Trump and his counterpart Xi Jinping that eased trade tensions between the two superpowers.Beijing added several rare earth el...Reuters
Thu, Dec 4
Australian union members back strike at Woodside's Pluto LNG 2
By Helen Clark Dec 4 (Reuters) - An overwhelming 99% of Offshore Alliance members have voted to strike at Woodside Energy's WDS.AX Pluto LNG 2 facility, according to results released on the organisation's Facebook page on Thursday.Around 400 members of the Electrical Trades Union also vot...Reuters
Thu, Dec 4
Marathon Reports Mechanical/Electrical Malfunction At Wilmington, California Refinery
Dec 4 (Reuters) - MARATHON PETROLEUM MPC.N:REPORTS UNPLANNED FLARING AT WILMINGTON, CALIFORNIA, REFINERY DUE TO MECHANICAL/ELECTRICAL MALFUNCTIONSOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGCAPACITY: 365,000 BARRELS PER DAYReuters
Thu, Dec 4
China says working on streamlining rare earth export licenses
BEIJING, Dec 4 (Reuters) - China said on Thursday it is working on streamlining rare earth export licenses - a key promised outcome after a meeting between U.S. President Donald Trump and his counterpart Xi Jinping."The government is actively adapting," Commerce Ministry spokesman He Yadong ...Reuters
Thu, Dec 4
Singapore fuel oil stockpiles extend build to three-week highs
SINGAPORE, Dec 4 (Reuters) - Onshore fuel oil stockpiles in major oil storage hub Singapore have risen to three-week highs, data showed on Thursday.The stockpiles STKRS-SIN climbed 3.4% to 25.56 million barrels (about 4.03 million metric tons) in the week to December 3, data from Enterprise Singapor...Reuters
Thu, Dec 4
ScottishPower To Invest Up To £12Bn In Scotland's Electricity Grid
Dec 4 (Reuters) - SCOTTISHPOWER:PLANS TO INVEST UP TO £12BN TRANSFORMING CENTRAL AND SOUTHERN SCOTLAND’S ELECTRICITY TRANSMISSION NETWORK HAVE BEEN APPROVED TODAY BY UK ENERGY REGULATOR, OFGEM, IN ITS RIIO-T3 FINAL DETERMINATION, WHICH RUNS FROM 2026 TO 2031Source text: [ID:]Further company coverage...Reuters
Thu, Dec 4
Exxon to permanently shut one steam cracker in Singapore from March, sources say
Shutdown likely to be complete by June, sources sayExxon considers buying feedstock for derivative units post-shutdown, sources sayFeedstock naphtha import requirements to drop, analyst saysBy Trixie Yap SINGAPORE, Dec 4(Reuters) - ExxonMobil XOM.N plans to wind down from March operations at the ...Reuters
Thu, Dec 4
World Meteorological Organization predicts a weak La Nina
By Olivia Le PoidevinGENEVA, Dec 4 (Reuters) - A weak La Nina may affect global weather patterns during the next three months, according to a World Meteorological Organization prediction published on Thursday.Though the La Nina pattern involves the temporary cooling of temperatures in the central an...Reuters
Thu, Dec 4
Macron urges Xi to step up efforts on Ukraine, rebalancing global trade
Macron in Beijing for fourth state visit to ChinaFrench President being accompanied by large business delegationUrged China's Xi to cooperate on geopolitics, trade, environmentXi told France to maintain its independence in geopoliticsBy Joe Cash BEIJING, Dec 4 (Reuters) - French President Emm...Reuters
Thu, Dec 4
Asia Crude Oil Tenders Summary-MRPL seeks for up to 2 million barrels crude
For tenders on oil products please click:Naphtha......NAP/TENDA Gasoline...MOG/TENDAJet/Diesel...MDIS/TENDA Fuel Oil...FUEL/TENDAOUTSTANDING ASIA/MIDEAST CRUDE OIL TENDERS: (b = buys / s = sells)tender award, tender issue, *further updatesCOUNTRY/COMGRADEVOLUMECLOSE (VALID)LOADING DATE...Reuters
Thu, Dec 4
