News
Important Only
TECHNICALS-CBOT corn may fall toward $4.25-1/4
SINGAPORE, Feb 9 (Reuters) - CBOT March corn CH26 may break a support of $4.28-1/2 per bushel, and fall toward $4.25-1/4. The contract has fallen below a rising channel. A duplicated channel suggests a target of $4.25-1/4. A projection analysis of the rise from $4.25-1/4 reveals support at $4...Reuters
Mon, Feb 9
PRECIOUS-Gold, silver extend gains on softer dollar; investors eye US economic data
Gold rises more than 1%, building on Friday's 4% gainSilver climbs over 4% after gaining nearly 10% on FridayDelayed US jobs, inflation data due later this weekBy Ishaan Arora Feb 9 (Reuters) - Gold and silver extended gains on Monday, with the yellow metal trading just above $5,000 per ounce...Reuters
Mon, Feb 9
ROI-What do oil prices tell us about the market? Not a lot: Bousso
By Ron Bousso LONDON, Feb 9 (Reuters) - Global oil markets face increasingly sharp and frequent price shocks as geopolitical tensions, opaque stockpiling and tightening Western sanctions are leaving many traders in the dark.The growing influence of external, unpredictable forces on the world'...Reuters
Mon, Feb 9
Indian Oil buys six million barrels W.Africa, Mideast crude, traders say
NEW DELHI/SINGAPORE, Feb 9 (Reuters) - Indian Oil Corp IOC.NS bought six million barrels of crude from West Africa and the Middle East, traders said, as the Asian country steered clear of Russian oil in New Delhi's push for a trade deal with Washington.Indian refiners are not taking March–April ...Reuters
Mon, Feb 9
Indian Oil, HPCL buy 2 mln bbls Venezuelan oil from Trafigura -trade sources
NEW DELHI, Feb 9 (Reuters) - India's top refiner, Indian Oil Corp IOC.NS and Hindustan Petroleum Corp HPCL.NS have together bought 2 million barrels of Venezuelan crude Merey from trader Trafigura for delivery in the second half of April, trade sources said.The purchase of Venezuelan oil is the ...Reuters
Mon, Feb 9
TABLE-North Sea gas maintenance schedule: Adds Aldbrough outage
Feb 9 (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
Mon, Feb 9
Gold sticks to gains above $5,000 as China's buying and Fed rate-cut bets drive demand
Gold (XAU/USD) surges past the $5,000 psychological mark during the Asian session on Monday in reaction to the weekend data, showing that the People's Bank of China (PBOC) extended its buying spree for a 15th month in January.Fxstreet
Mon, Feb 9
Gold, silver extend gains on softer dollar; investors eye US economic data
Gold rises more than 1%, building on Friday's 4% gainSilver climbs over 4% after gaining nearly 10% on FridaySlew of delayed key US jobs, inflation data due later this weekBy Ishaan Arora Feb 9 (Reuters) - Gold and silver extended gains on Monday, with the former trading just above the $5,000...Reuters
Mon, Feb 9
BHP's Vicuña could double investment in Argentina copper project to $800 mln in 2026, executive says
Australia's BHP, Canada's Lundin Mining combine on projectsCombined investment could be double that of 2025Argentina has not produced copper since 2018By Lucila Sigal BATIDERO, Argentina, Feb 9 (Reuters) - High in the Andes Mountains, more than 4,200 meters above sea level on the Argentin...Reuters
Mon, Feb 9
PREVIEW-US challenges Chinese control in race for African minerals
US uses offtake deals to redirect African minerals from ChinaKoBold cautious in Congo, contrasts with Chinese approachChina's control of Congo assets faces testBy Maxwell Akalaare Adombila ACCRA, Feb 9 (Reuters) - The U.S. is using offtake deals and state-backed funding to compete in the shor...Reuters
Mon, Feb 9
PRECIOUS-Gold extends gains on softer dollar; investors eye US jobs data
Gold rises more than 1%, building on Friday's 4% gainSilver climbs more than 4% after gaining nearly 10% on FridayUS nonfarm payroll data for January due on WednesdayBy Ishaan Arora Feb 9 (Reuters) - Gold extended gains on Monday to trade just above the $5,000-per-ounce level as the dollar di...Reuters
Mon, Feb 9
China overturns Canadian's death sentence after Carney visit, lawyer says
Robert Schellenberg's death sentence overturned by China's Supreme People's CourtPM Carney's visit to China seen as influencing court decisionCanada-China relations improve with tariff reductions on EVs and canolaBy Laurie Chen BEIJING, Feb 9 (Reuters) - China's top court has ...Reuters
Mon, Feb 9
TECHNICALS-CBOT soybeans to test support at $11.06-1/2
For more technical analyses, please click SINGAPORE, Feb 9 (Reuters) - The CBOT soybean March contract SH26 is expected to test a support at $11.06-1/2 per bushel, a break below could trigger a fall into the $10.93 to $10.99-1/2 range.A five-wave cycle from $10.51-1/2 may have completed around a res...Reuters
Mon, Feb 9
GRAINS-Chicago soybeans pull back after four-day rally; traders eye USDA crop report
BEIJING, Feb 9 (Reuters) - Chicago soybean futures retreated on Monday, pressured by rising competition from South America, after four straight sessions of gains driven by U.S. President Donald Trump's comments last week that China might increase purchases of U.S. beans.The most-active soybean c...Reuters
Mon, Feb 9
Goldman Sachs Lowers 2026, 2027 TTF Gas Price Forecasts
Feb 9 (Reuters) - GOLDMAN SACHS:LOWERS BAL 2026/2027 TTF PRICE FORECASTS BY 2 EUR TO 34/21 EUR/MWH ($11.65/$7.40/MMBTU)SAYS GERMAN MEDIA REPORTED THAT EU OFFICIALS ARE CONSIDERING EASING THE PHASE OUT OF FREE CARBON EMISSION ALLOWANCES TO INDUSTRIALSSAYS THESE CHANGES WOULD SOFTEN EUROPEAN UNION ALL...Reuters
Mon, Feb 9
TECHNICALS-US oil may retest support at $62.40
For more technical analyses, click SINGAPORE, Feb 9 (Reuters) - U.S. oil CLc1 may retest a support at $62.40 per barrel, a break below which could trigger a fall towards $61.14.The contract is riding on a wave c from $64.42, which is expected to travel into a range of $61.12 to $62.38, formed by its...Reuters
Mon, Feb 9
GRAINS-Chicago soybeans pull back after four-day rally; traders eye USDA crop report
BEIJING, Feb 9 (Reuters) - Chicago soybean futures fell on Monday, pressured by rising competition from South America, after four sessions of gains driven by President Trump's comments last week that China might increase U.S. soybean purchases.Wheat and corn prices also edged lower as traders ad...Reuters
Mon, Feb 9
