News
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EXPLAINER-How companies are steering IPO plans amid US government shutdown
By Manya Saini Oct 21 (Reuters) - Companies looking to sidestep disruptions to their initial public offerings caused by the U.S. government shutdown can tap a provision that allows them to press ahead with their listing plans without the need for regulatory approvals.Biotech startup MapLight beca...Reuters
Tue, Oct 21
China gets tenth cargo from Russia's Arctic LNG 2 despite sanctions
SINGAPORE, Oct 21 (Reuters) - China has received a tenth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 project, LSEG and Kpler data show, despite U.S. and EU sanctions imposed on the project.The Arctic Mulan tanker, which is also under Western sanctions, berthed at the Beihai L...Reuters
Tue, Oct 21
PRECIOUS-Gold takes a breather after record rally, focus turns to US CPI data
Gold hit record high of $4,381.21/oz on MondayGold prices are poised to rise further, analyst saysFocus on US inflation data due on FridaySilver down nearly 4%By Anmol Choubey Oct 21 (Reuters) - Gold prices fell over 1% on Tuesday as investors booked profits after the metal hit another record hig...Reuters
Tue, Oct 21
UBS Says Oil Market Oversupplied But Not In Glut
Oct 21 (Reuters) - UBS:EXPECT OIL PRICES TO STABILIZE AROUND CURRENT LEVELS, THAT SAID, WHILE NOT BANK'S BASE CASE, PRICES COULD COME UNDER PRESSURE IF TRADE TENSIONS ESCALATE FURTHERWE BELIEVE THE OIL MARKET IS OVERSUPPLIED, BUT NOT TO THE EXTREME THAT IEA IS CURRENTLY FORECASTINGReuters
Tue, Oct 21
Kazakhstan's largest oilfield to be back from maintenance on October 24, minister says
ASTANA, Oct 21 (Reuters) - Kazakhstan's Chevron CVX.N-led Tengiz oilfield, the country's largest, has been undergoing maintenance which is due to be completed on October 24, Energy Minister Erlan Akkenzhenov told Reuters on Tuesday.Tengizchevroil (TCO), Kazakhstan's largest producer, rea...Reuters
Tue, Oct 21
Trump, Australia's Albanese sign critical minerals agreement to counter China
Rare earths deal aims to counter China's supply controlUS, Australia to invest $1 billion each in mining projectsTrump backs AUKUS submarine deal despite prior reviewTrump tells Ambassador Rudd: 'I don't like you either'By Andrea Shalal, Steve Holland and Ernest Scheyder WASHINGTO...Reuters
Tue, Oct 21
Chevron, Shell cut oil output in Kazakhstan after Ukrainian strike on Russian gas plant
Ukraine drones hit Russia's Orenburg gas processing plantGas from Karachaganak is being processed at the Orenburg plantShell, Eni, Chevron are among Karachaganak stakeholdersBy Mariya Gordeyeva and Tamara Vaal ALMATY/ASTANA, Oct 21 (Reuters) - Oil majors, including Chevron CVX.N and Shell...Reuters
Tue, Oct 21
Hungary's Orban says meets MOL leaders on refinery fire, fuel supply secure
BUDAPEST, Oct 21 (Reuters) - Hungary's Prime Minister Viktor Orban said on Tuesday that he held talks with leaders of oil and gas company MOL MOLB.BU after a fire at MOL's Danube refinery overnight, adding that the country's fuel supply was secure.In a Facebook post Orban said the circum...Reuters
Tue, Oct 21
PRECIOUS-Gold's record run pauses as dollar firms, investors book profits
Gold hit record high of $4,381.21/oz on MondayFocus on US inflation data due on FridaySilver down more than 1%By Brijesh Patel Oct 21 (Reuters) - Gold prices slipped on Tuesday, as the dollar rose and investors booked profits after bullion hit a fresh high in the previous session on hopes of furt...Reuters
Tue, Oct 21
Spain's Enagas on track to meet 2025 targets
MADRID, Oct 21 (Reuters) - Spanish gas grid operator Enagas ENAG.MC said on Tuesday it is on track to meet its 2025 targets after swinging to a profit for the first nine months of the year. Gains from disposals and the upwards revision of the amount it was awarded in an arbitration on an investme...Reuters
Tue, Oct 21
Spain's Enagas swings to profit in first nine months of 2025
MADRID, Oct 21 (Reuters) - Spanish gas grid operator Enagas ENAG.MC reported on Tuesday a 262.8 million euro ($306.5 million) profit for the first nine months of the year compared with a loss a year ago due to a capital loss on the sale of an asset in the United States. Enagas had booked a ne...Reuters
Tue, Oct 21
Incap US Invests In On-Site Solar Power
Oct 21 (Reuters) - Incap Oyj ICP1V.HE:INCAP US INVESTS IN ON-SITE SOLAR POWER AND TAKES A STRATEGIC STEP TOWARD 100% RENEWABLE ELECTRICITYINCAP ELECTRONICS US HAS ANNOUNCED A PIONEERING INVESTMENT IN AN ON-SITE SOLAR POWER PLANT AT ITS FACTORY NEAR PITTSBURGH, PENNSYLVANIAOUT OF TOTAL COST OF 3.98 M...Reuters
Tue, Oct 21
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $57.00 per barrel, up from Monday’s close at $56.92.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $60.80 price posted on Monday, and trading at $60.88.
Fxstreet
Tue, Oct 21
Polish services detained eight people suspected of preparing acts of sabotage, says PM Tusk
WARSAW, Oct 21 (Reuters) - Polish Prime Minister Donald Tusk said on Tuesday Polish services detained eight people in various parts of the country in recent days, suspected of preparing acts of sabotage."The case is ongoing. Further operational activities are continuing," wrote Tusk on X wit...Reuters
Tue, Oct 21
TABLE-North Sea gas maintenance schedule: Adds Aldbrough outage
Oct 21 (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.OPERATORLOCATIONOUTAG...Reuters
Tue, Oct 21
Silver Price Forecast: XAG/USD trades lower near $52.00 due to receding safe-haven demand
Silver price (XAG/USD) is down 0.9% to near $51.90 during the late Asian trading session on Tuesday. The white metal faces selling pressure as rally in precious metals has halted for now due to receding trade tensions between the United States (US) and China.
Fxstreet
Tue, Oct 21
BREAKINGVIEWS-US-Aussie critical minerals pact is worthy stretch
By Antony CurrieMELBOURNE, Oct 21 (Reuters Breakingviews) - China's President Xi Jinping won't exactly be quaking in his boots after reading the terms of a critical minerals pactsignedby his U.S. and Australian counterparts on Monday. Donald Trump and Anthony Albanese between them pledged ro...Reuters
Tue, Oct 21
