News
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Venezuela challenges US judge's sale order of Citgo parent before appeals court
HOUSTON, Dec 1 (Reuters) - Lawyers representing Venezuela and the parent companies of refiner Citgo Petroleum have filed appeals before the U.S. Court of Appeals for the Third Circuit challenging an order last week from a Delaware judge that authorized the sale of PDV Holding's shares, they told...Reuters
Mon, Dec 1
CBOT Trends-Wheat down 3-5 cents, corn down 1-3, soybeans down 4-8
CHICAGO, Dec 1 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Monday. WHEAT - Down 3 to 5 cents per bushelWheat lower on ample global supplies and favourable crop weather in key growing ...Reuters
Mon, Dec 1
Iraq invites US oil firms to negotiate West Qurna 2 field management
Dec 1 (Reuters) - Iraq's oil ministry said it has invited several U.S. oil companies to enter negotiations over taking over management of the West Qurna 2 oilfield. The ministry said it aims to transfer the operation of the field to one of the firms through a competitive bidding process in line ...Reuters
Mon, Dec 1
Altcrest, Devengine & Spring Lane Launch C$100M Canadian Energy Investment Strategy
Dec 1 (Reuters) - ALTCREST ENERGY, DEVENGINE, AND SPRING LANE CAPITAL LAUNCH $100M CANADIAN ENERGY INVESTMENT STRATEGYALTCREST ENERGY: TEAM HAS ALREADY SEEDED ITS PIPELINE WITH A MIX OF ASSETS AND PROJECT DEVELOPMENT AGREEMENTSFurther company coverage: [ ]Reuters
Mon, Dec 1
PRESS DIGEST-Canada - Dec 1
Dec 1 - 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 MAILBarrick Mining ABX.TO said on Monday it was exploring an initial public offering of a subsidiary that would hold its N...Reuters
Mon, Dec 1
Global Ship Lease Announces Agreement To Acquire Three 8,600 TEU Containerships
Dec 1 (Reuters) - Global Ship Lease Inc GSL.N:GLOBAL SHIP LEASE ANNOUNCES AGREEMENT TO ACQUIRE THREE 8,600 TEU CONTAINERSHIPSGLOBAL SHIP LEASE INC - PURCHASE PRICE FOR VESSELS SET AT $90 MILLIONGLOBAL SHIP LEASE INC - CHARTERS EXPECTED TO GENERATE $88 MILLION IN REVENUESGLOBAL SHIP LEASE: NEWLY ACQU...Reuters
Mon, Dec 1
RPT-ROI-China built Indonesia's nickel boom but could yet bust it: Andy Home
By Andy Home LONDON, Dec 1 (Reuters) - China financed and built Indonesia's nickel industry, transforming the country into the world's largest producer in the space of a decade. But now China is not so sure it needs all that nickel. Chinese electric vehicle manufacturers are pivoting away...Reuters
Mon, Dec 1
Highlander Silver Reports Record Results And New Discovery 23.9M At 20.82 G/T Gold And 31.53 G/T Silver And 23.4M At 11.70 G/T Gold And 26.10 G/T Silver In Shallow Drilling
Dec 1 (Reuters) - Highlander Silver Corp HSLV.TO:HIGHLANDER SILVER REPORTS RECORD RESULTS AND NEW DISCOVERY: 23.9M AT 20.82 G/T GOLD AND 31.53 G/T SILVER AND 23.4M AT 11.70 G/T GOLD AND 26.10 G/T SILVER IN SHALLOW DRILLINGReuters
Mon, Dec 1
GRAINS-Chicago soybeans slip as traders monitor China buying; wheat, corn also down
BEIJING/HAMBURG, Dec 1 (Reuters) - Chicago soybean futures fell on Monday, weighed down by ample global supplies and lingering doubts over whether top buyer China will buy 12 million metric tons of U.S. soybeans by the end of 2025 as forecast by senior U.S. officials. Chicago Board of Trade...Reuters
Mon, Dec 1
Barrick Announces Evaluation Of An Initial Public Offering Of Its North American Gold Assets
Dec 1 (Reuters) - Barrick Mining Corp ABX.TO:BARRICK ANNOUNCES EVALUATION OF AN INITIAL PUBLIC OFFERING OF ITS NORTH AMERICAN GOLD ASSETSBARRICK MINING: BARRICK WOULD MAINTAIN A SIGNIFICANT CONTROLLING INTEREST IN NEWCOBARRICK MINING: CONTEMPLATED IPO TO HIGHLIGHT VALUE OF NORTH AMERICAN GOLD ASSETS...Reuters
Mon, Dec 1
Targa strengthens Permian presence with $1.25 billion deal for midstream firm
Dec 1 (Reuters) - Pipeline operator Targa Resources TRGP.N said on Monday it would buy Stakeholder Midstream in a $1.25 billion all-cash deal, expanding its processing capacity in the key Permian Basin.Dealmaking in the midstream sector has been picking up pace as companies look to cut costs or add ...Reuters
Mon, Dec 1
RPT-ROI-OPEC+ sticks to its 'all is fine in oil' mantra, but uncertainty rises: Russell
Reuters Open Interest (ROI) is your essential source for global financial commentary. By Clyde Russell LAUNCESTON, Australia, Dec 1 (Reuters) - At first glance the decision by OPEC+ to leave oil output levels unchanged for the first quarter of next year could be viewed as confirmation the exporte...Reuters
Mon, Dec 1
PRECIOUS-Gold hits six-week high on rate cut optimism; silver hits record high
Silver hits all-time high of $57.86 per ounceUS dollar at two-week lowNew Fed chair likely to be announced before ChristmasBy Pablo Sinha Dec 1 (Reuters) - Gold prices climbed to their highest level in six weeks on Monday, driven by expectations of a U.S. interest rate cut this month and shifts ...Reuters
Mon, Dec 1
Stellantis CEO backs German push to ease EU car emissions rules ahead of key review
MILAN, Dec 1 (Reuters) - Stellantis STLAM.MI Chief Executive Antonio Filosa on Monday welcomed Berlin's call to soften European Union car emissions rules, saying Germany's proposals aligned with industry demands to revive growth in the struggling sector.The European Commission is due to unve...Reuters
Mon, Dec 1
Gold hits six-week high on risk-off mood and Fed rate cut bets
Gold (XAU/USD) kicks off the new month on a firm footing, climbing to its highest level since October 21 on Monday, as risk-off sentiment underpins safe-haven demand, while traders gear up for another interest rate cut by the Federal Reserve (Fed) at its December 9-10 monetary policy meeting.Fxstreet
Mon, Dec 1
Robusta coffee slides as storm fears ease, cocoa extends rally
LONDON, Dec 1 (Reuters) - Robusta coffee futures on the ICE exchange slid on Monday as fears over damage from another tropical storm in top grower Vietnam eased, while cocoa extended its rally bouncing off last week's two-year lows.Reuters
Mon, Dec 1
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
DUBAI, Dec 1 (Reuters) - A new mechanism adopted by OPEC+ to assess members' maximum output capacity will ultimately help to stabilise markets and reward those who invest in production, Saudi Energy Minister Prince Abdulaziz bin Salman said on Monday.The OPEC+ group approved the mechanism to ass...Reuters
Mon, Dec 1
PRECIOUS-Gold hits six-week high on rate cut optimism; silver hits record high
Silver hits all-time high of $57.86 per ounceUS dollar at two-week lowNew Fed chair likely to be announced before ChristmasBy Pablo Sinha Dec 1 (Reuters) - Gold prices climbed to their highest level in six weeks on Monday, driven by expectations of a U.S. interest rate cut this month and shifts ...Reuters
Mon, Dec 1
