News
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Chevron says Tengizchevroil loadings continue following drone attack on Novorossiysk
Dec 1 (Reuters) - Chevron said late on Sunday loadings of Tengizchevroil crude oil are continuing at the Russian port of Novorossiysk, following a Ukrainian drone attack that disabled one of the single point moorings (SPMs) at the Caspian Pipeline Consortium's Black Sea terminal.Chevron said in ...Reuters
Mon, Dec 1
GRAINS-Chicago soybeans slip as traders monitor China buying; wheat, corn also down
BEIJING, Dec 1 (Reuters) - Chicago soybean futures edged lower on Monday, weighed down by ample global supplies and lingering doubts over whether top buyer China will reach the 12-million-metric-ton purchase target cited by some U.S. officials by the year-end.The most-active soybean contract on the ...Reuters
Mon, Dec 1
Gold Price Forecast: XAU/USD extends the rally above $4,200 as Fed rate cut bets grow
Gold price (XAU/USD) trades in positive territory near $4,230 during the early Asian trading hours on Monday. The precious metal edges higher amid growing speculation that the US Federal Reserve (Fed) may cut interest rates in December.Fxstreet
Mon, Dec 1
Chicago soybeans edge higher as China keeps buying US cargoes
BEIJING, Dec 1 (Reuters) - Chicago soybean futures inched higher on Monday, as China continued to book U.S. cargoes after Washington and Beijing struck a trade truce in late October. Wheat firmed despite abundant global supplies, while corn remained steady. FUNDAMENTALSThe most-active soybean contra...Reuters
Mon, Dec 1
WTI jumps to near $59.30 as OPEC+ agrees to halt Oil supply hikes
West Texas Intermediate (WTI) futures on NYMEX trade 1.7% higher around $59.30 during the Asian trading session on Monday. The Oil price attracts significant bids at open as the OPEC+ agrees to halt the Oil output increase from the first quarter of 2026.
Fxstreet
Mon, Dec 1
Australia expands grain-fed beef exports as US production falters
Australian grain-fed beef prized in Asian marketsHalf of cattle sent to slaughter may be grain-fed by 2027Feedlots ease impact of drought on beef productionBy Peter Hobson EUGOWRA, Australia, Dec 1 (Reuters) - Six thousand Black Angus cattle chew on rolled barley, silage, cottonseed and molasses,...Reuters
Mon, Dec 1
EXCLUSIVE-Gunvor weighs US energy push that could bolster Washington ties, sources say
Gunvor has held talks to invest in US oil-, gas-producing assets, sources sayMore US energy exposure could help to smooth Gunvor relations with Trump administrationTreasury had strongly opposed Gunvor's bid for Lukoil assetsBy Shariq Khan NEW YORK, Nov 30 (Reuters) - Commodity trader Gunvor h...Reuters
Mon, Dec 1
RPT-ASIA COPPER WEEK-Codelco offers US clients copper at record premiums above $500 per ton over LME prices
By Amy Lv and Lewis Jackson Nov 28 (Reuters) - Chile's state-owned copper producer has offered to sell copper at record premiums above $500 a metric ton to U.S. customers with contracts based on London Metal Exchange copper prices, two sources familiar with the matter said.The premium is paid...Reuters
Mon, Dec 1
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Dec 1 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$62.43res $63.35/$63.76Palm oil (3rd month)4,084/4,039 ringgitres 4,120/4,157 ringgitWTI(1st month)$58.58res $59.49/$60.06/$60.44Spot gold$4,240/$4,260sup $4,208/$4,188LME ...Reuters
Mon, Dec 1
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
Sun, Nov 30
RPT-Hyundai, Tata want India to drop fuel emission concessions seen benefiting Suzuki
Weight-based concessions split India's car industryThe 909-kg cutoff is arbitrary, company executives sayHyundai, Mahindra say concessions risk hurting India's EV pushMaruti defends move, says small cars emit less CO2 than big SUVsBy Aditi Shah NEW DELHI, Nov 28 (Reuters) - India's bi...Reuters
Sun, Nov 30
Data center operator CyrusOne adds more cooling after outage, Bloomberg News reports
Nov 30 (Reuters) - Data center operator CyrusOne has installed additional backup cooling capacity at its Aurora, Illinois data center after a failure last week triggered an outage at CME Group CME.O for several hours, Bloomberg News reported on Sunday, citing a statement by CyrusOne."CyrusOne ha...Reuters
Sun, Nov 30
Cyrusone Says It Has Restored Stable And Secure Operations At Its Chicago 1 Data Center In Aurora, Illinois - Bloomberg News
Nov 30 (Reuters) - CYRUSONE SAYS IT HAS RESTORED STABLE AND SECURE OPERATIONS AT ITS CHICAGO 1 (CHI1) DATA CENTER IN AURORA, ILLINOIS - BLOOMBERG NEWSCYRUSONE SAYS IT HAS RESTORED STABLE AND SECURE OPERATIONS AT ITS CHICAGO 1 (CHI1) DATA CENTER IN AURORA, ILLINOIS - BLOOMBERG NEWSSource text: https:...Reuters
Sun, Nov 30
OPEC+ holds oil output steady, agrees capacity mechanism
OPEC+ members to stick to output targetsGroup agrees mechanism to assess members' maximum production capacity Mechanism to be used for setting output baselines from 2027By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Nov 30 (Reuters) - OPEC+ agreed to leave oil output levels...Reuters
Sun, Nov 30
Kazakhstan tells Ukraine to stop attacking CPC terminal after oil exports halted
CPC, which carries 1% of global oil, halts exportsUkraine attacks CPC with naval drones Ukraine says actions only aimed at repelling 'full-scale Russian aggression'Kazakhstan says CPC accounts for 80% of Kazakh crude exportsBy Guy Faulconbridge and Vladimir Soldatkin MOSCOW, Nov 30 (Reute...Reuters
Sun, Nov 30
Russia calls Ukrainian strikes on CPC and tankers 'acts of terrorism'
MOSCOW, Nov 30 (Reuters) - Russia's foreign ministry said on Sunday that Ukrainian attacks on oil tankers and Caspian Pipeline Consortium (CPC) infrastructure in the Black Sea were "acts of terrorism" that threaten freedom of navigation in the region.The CPC, which includes Russian, Kaza...Reuters
Sun, Nov 30
