News
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TABLE-North Sea gas maintenance schedule: Adds Scottish Power outage
Dec 4 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAGE...Reuters
Thu, Dec 4
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
TECHNICALS-CBOT soybeans may fall into $11.08-1/2 to $11.12-1/2 range
For more technical analyses, please click SINGAPORE, Dec 4 (Reuters) - The CBOT soybean January contract SF26 may fall into a range of $11.08-1/2 to $11.12-1/2 per bushel, driven by a wave c.As the third wave of three-wave cycle from $11.42-1/4, it has travelled below the 100% projection level of $1...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 operations at the older of it...Reuters
Thu, Dec 4
Turkey told Russia, Ukraine to keep energy infrastructure out of war, minister says
Spate of attacks on Russia-linked ships in Black SeaAttacks near Turkish coast have alarmed authoritiesMinister says Zelenskiy asked for help with gas supplyBy Can Sezer ISTANBUL, Dec 4 (Reuters) - Turkey is telling Russia, Ukraine, and all other parties to keep energy infrastructure out of their...Reuters
Thu, Dec 4
Turkey told Russia, Ukraine to keep energy infrastructure out of war, minister says
By Can Sezer ISTANBUL, Dec 4 (Reuters) - Turkey is telling Russia, Ukraine, and all other parties to keep energy infrastructure out of their conflict and wants energy flows to continue uninterrupted, Energy Minister Alparslan Bayraktar said after a series of attacks off Turkey's Black Sea coa...Reuters
Thu, Dec 4
Are Americans drinking less? New data says yes, but not by much
Volume declines, surveys have sparked worries about future of alcohol industryIWSR data shows weekly drinking per person in the U.S. is relatively stableWeekly drinks per capita hits lowest since 1995, but only down by around 1 drink per week Alcohol makers, IWSR say drop is due to temporary economi...Reuters
Thu, Dec 4
Gold slips as investors turn cautious ahead of Fed meeting, PCE data in focus
Silver hit a record high of $58.98/oz on WednesdayUS private payrolls fell by 32,000 jobs data on Wednesday showedInvestors price in 89% of a rate cut in December - CME FedWatchBy Ishaan Arora and Sherin Elizabeth Varghese Dec 4 (Reuters) - Gold edged lower on Thursday as investors booked profits
Reuters
Thu, Dec 4
INSIGHT-How an oil pipeline battle shows the US gaining sway in Iraq
Drone strikes on US oilfields in Kurdistan prompted US pressure on Iraq -sourcesUS pressure led to Kirkuk-Ceyhan pipeline restart -sourcesRestart seen helping to curb funding for Iran-backed militiasBy Ahmed Rasheed, Maha El Dahan, Humeyra Pamuk and Anna Hirtenstein BAGHDAD/WASHINGTON, Dec 4 (Reu...Reuters
Thu, Dec 4
ANZ Says Ongoing Russia-Ukraine War Disruptions To Keep Crude Above $60/BBL
Dec 4 (Reuters) - ANZ: SAYS FEARS OF ONGOING DISRUPTIONS FROM RUSSIA AND UKRAINE CONTINUING TO ATTACK EACH OTHER’S ENERGY INFRASTRUCTURE WOULD ULTIMATELY KEEP BRENT CRUDE ABOVE $60/BBLSAYS FURTHER UPSIDE IN BRENT PRICES WOULD BE LIMITED AS SUPPLY OUTPACES DEMAND IN 2026, PUSHING THE OIL MARKET INTO ...Reuters
Thu, Dec 4
GRAINS-Chicago wheat, corn dip as Black Sea tensions ease
BEIJING, Dec 4 (Reuters) - Chicago wheat and corn edged lower on Thursday, as concerns about a military escalation in the Black Sea grain export region eased, with ample global wheat supplies continuing to weigh on prices.The most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 lost 0...Reuters
Thu, Dec 4
REFILE-China's President Xi Jinping met French President Emmanuel Macron in Beijing
BEIJING, Dec 4 (Reuters) - China's President Xi Jinping met French President Emmanuel Macron in Beijing on Thursday, the French leader's fourth state visit to the Chinese capital as Europe seeks to rebalance economic and security threats from the world's second-largest economy.Macron, wh...Reuters
Thu, Dec 4
GRAINS-Chicago soybeans firm as traders eye Chinese buying
BEIJING, Dec 4 (Reuters) - Chicago soybean futures firmed on Thursday after three straight sessions of declines, as traders tracked the pace of Chinese purchases of U.S. supplies. Corn edged lower as concerns about a military escalation in the Black Sea grain export region eased. Wheat inched hi...Reuters
Thu, Dec 4
