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OPEC+ members to undergo annual oil capacity audit under new plan, sources say
Consultants to be appointed to carry out capacity assessmentsSaudi minister says OPEC+ meeting was one of most successful in his careerOPEC+ meeting on Sunday agreed a new maximum production capacity mechanismBy Alex Lawler, Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Dec 2 (Reuters) - OPEC...Reuters
Tue, Dec 2
Boeing CFO Expect Deliveries To Be Up In Both 737, 787 Jets - UBS Conf.
Dec 2 (Reuters) - Boeing Co BA.N:BOEING CFO: EXPECT DELIVERIES TO BE UP IN BOTH 737, 787 JETS - UBS CONF.BOEING CFO: CONFIDENT ON DELIVERING $10 BILLION TARGETBOEING CFO: EXPECTS 737-10 TO BE CERTIFIED LATER THIS YEARBOEING CFO: WE WILL START SEEING CASH MARGINS IMPROVE NEXT YEARBOEING CFO: HIGHER D...Reuters
Tue, Dec 2
PRESS DIGEST-Canada - Dec 2
Dec 2 - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAILCanadian billionaire Pierre Karl Peladeau said on Monday he has launched a battle for control of the struggling airline Tra...Reuters
Tue, Dec 2
Village Super Market Q1 sales rise 4.5%, net income drops 6%
OverviewVillage Super Market fiscal Q1 sales rose 4.5%, driven by same-store and digital sales growthNet income for fiscal Q1 decreased 6% yr/yr due to higher cost of sales, adjusted net income fell 2%Gross profit margin declined due to lower patronage dividends and increased promotional spendingOut...Reuters
Tue, Dec 2
Ukraine struck at least 8 Russian oil refineries last month, drone commander says
KYIV, Dec 2 (Reuters) - Ukrainian forces carried out strikes on at least eight Russian oil refineries last month, among 88 targets damaged in long-range drone attacks aimed at weakening Russia's war effort, a top drone commander said on Tuesday.Kyiv has stepped up strikes on Russian oil faciliti...Reuters
Tue, Dec 2
Citgo Reports Planned Startup May Cause Flaring At Corpus Christi West Plant, Texas
Dec 2 (Reuters) - CITGO PETROLEUM CORPPDVSAC.UL: REPORTS PLANNED STARTUP ACTIVITIES OVER THE NEXT SEVERAL DAYS MAY RESULTING IN FLARING AT CORPUS CHRISTI WEST PLANT, TEXASREFINERY CAPACITY: 165,000 BARRELS PER DAYSOURCE: COMMUNITY ALERTReuters
Tue, Dec 2
RPT-ROI-China's LNG importer crown at risk as high prices cap demand: Russell
Reuters Open Interest (ROI) is your essential source for global financial commentary. By Clyde RussellLAUNCESTON, Australia, Dec 2 (Reuters) - Asia's imports of liquefied natural gas flatlined in November, putting the top-buying region of the super-chilled fuel on track to record its first annua...Reuters
Tue, Dec 2
GRAINS-Soybeans steady as traders watch China demand; wheat stays weak
BEIJING/PARIS, Dec 2 (Reuters) - Chicago soybean futures ticked up Tuesday, steadying after a day-earlier drop, as traders continued to assess the pace of Chinese purchases following a trade truce between Beijing and Washington in late October.Corn also edged higher, underpinned by brisk export dema...Reuters
Tue, Dec 2
Russian attacks damage Ukraine gas facilities, Naftogaz says
KYIV, Dec 2 (Reuters) - Ukraine's state oil and gas firm Naftogaz said on Tuesday that Russian forces had attacked its gas production and storage facilities late on Monday and early Tuesday.There was damage, it added, without going into further detail.Reuters
Tue, Dec 2
Vale Base Metals And Glencore Canada Agree To Evaluate Development Of Sudbury Copper Deposits
Dec 2 (Reuters) - VALE BASE METALS :VALE BASE METALS AND GLENCORE CANADA AGREE TO EVALUATE DEVELOPMENT OF SUDBURY COPPER DEPOSITSVALE BASE METALS: FID IS EXPECTED IN H1 2027VALE BASE METALS: PROJECT ESTIMATED TO PRODUCE 880 KT OF COPPER OVER 21 YEARS WITH A CAPITAL COST OF ABOUT $1.6 BILLION TO $2.0...Reuters
Tue, Dec 2
Pope urges Middle East to reject 'horror of war' at end of first overseas trip
Pope Leo visits site of port blast on last day in Lebanon Leo wraps up first overseas trip as Catholic leaderPope urges Lebanese leaders to persevere with peace effortsLeo warns humanity's future at risk because of bloody conflictsBy Joshua McElwee and Catherine Cartier BEIRUT, Dec 2 (Reuter...Reuters
Tue, Dec 2
SOFTS-Robusta coffee extends decline, sugar edges higher
LONDON, Dec 2 (Reuters) - Robusta coffee futures extended this week's decline on Tuesday as drier weather in Vietnam allowed harvesting to resume after recent delays caused by storms and flooding.COFFEERobusta coffee LRCc1 was down 1.9%, at $4,388 a metric ton at 1050 GMT. Dealers said Vietnam w...Reuters
Tue, Dec 2
Citigroup faces $5 million bill to transport its lead from Singapore, sources say
Citi's lead was stored with Grafton under a rent deal, sourcesGrafton was recently bought by TrafiguraCiti looking at Taiwan and Malaysia By Pratima Desai LONDON, Dec 2 - Citigroup will move most of its lead stocks from Singapore to Malaysia or Taiwan at an estimated cost of $5 million due to...Reuters
Tue, Dec 2
Kremlin says decline in India's imports of Russian oil may be temporary
India's Russian oil imports to hit 3-year low amid sanctionsRussia says trade must be safe from third-country pressuresPayment methods to figure in talks during Putin's India visitBy Shivam Patel NEW DELHI, Dec 2 (Reuters) - India's imports of Russian oil may decline for only "a b...Reuters
Tue, Dec 2
China issues first batch of streamlined rare earth export licences, source says
China had introduced rare earth export controls in AprilNew 'general licences' follow Trump-Xi meeting in OctoberThree firms issued licences in first batch Dec 2 (Reuters) - China has issued the first batch of new rare earth export licences that should accelerate shipments to certain cus...Reuters
Tue, Dec 2
Gold Price Forecast: XAU/USD faces selling pressure above $4,200 as US Dollar rebounds
Gold price (XAU/USD) is down 1% to near $4,180.00 during the European trading session on Tuesday. The yellow metal slumps after failing to hold above $4,200 as the US Dollar (USD) bounces back despite weak United States (US) ISM manufacturing Purchasing Managers’ Index (PMI) data for November.Fxstreet
Tue, Dec 2
India's November palm oil imports rise as soyoil, sunflower oil buying drops
By Rajendra JadhavMUMBAI, Dec 2 (Reuters) - India's palm oil imports rose slightly in November as lower prices prompted refiners to increase purchases of the tropical oil while cutting back on more expensive soyoil and sunflower oil purchases, according to five dealers.Higher palm oil imports by...Reuters
Tue, Dec 2
EU epidemic vets begin work on swine fever outbreak in Barcelona
EU vets to survey, advise on Barcelona swine fever outbreakSpain resumes pork exports to China, urges others to followASF outbreak may boost US exports, says Steiner ConsultingBy Emma Pinedo and Jesus Calero MADRID, Dec 2 (Reuters) - A taskforce of EU vets specialising in epidemics began work in ...Reuters
Tue, Dec 2
Mali recovers $1.2 billion in arrears from miners, eyes annual windfall under new code
Audit reveals irregularities, leading to significant recoveryNew code to increase annual revenue by 586 billion CFA francsBarrick resolves dispute, migrates to new codeBy Tiemoko Diallo BAMAKO, Dec 2 - Mali has recovered 761 billion CFA francs ($1.2 billion) in arrears from mining companies follo...Reuters
Tue, Dec 2
