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PRECIOUS-Safe-haven demand lifts gold to 3-week peak, silver touches near 14-year high
Trump threatens 30% tariffs on EU, MexicoSilver rally driven by speculative flows, analyst says US CPI, PPI data due later this week By Anushree Mukherjee July 14 (Reuters) - Gold rose to a three-week high on Monday, boosted by safe-haven demand after U.S. President Donald Trump threatened tariff...
Reuters
Mon, Jul 14
Occidental Petroleum says Gulf of Mexico output hit by curtailments in Q2
July 14 (Reuters) - U.S. shale producer Occidental Petroleum OXY.N said on Monday its Gulf of Mexico production in the second quarter was curtailed due to third-party constraints, extended maintenance, and schedule-related delays.The company said sales volumes from what it calls the "Gulf of Ame...
Reuters
Mon, Jul 14
GRAINS-Soybeans, corn and wheat rise on bargain-buying after falls
By Michael Hogan HAMBURG, July 14 (Reuters) - Chicago wheat, corn and soybeans rose on Monday on bargain-buying after sharp falls on Friday.But expectations of good crops in the United States limited rises, with an uncertain mood in markets after U.S. President Donald Trump ramped up tariff threa...
Reuters
Mon, Jul 14
Gold jumps in response to Trump’s 30% threat against the EU and Mexico
Gold (XAU/USD) is climbing on Monday in response to news that the US may impose a 30% tariff on imports from the European Union (EU) and Mexico, effective August 1.
Gold
Fxstreet
Mon, Jul 14
RPT-COLUMN-USDA rundown: Record US corn exports and US biofuel boom: Braun
By Karen Braun NAPERVILLE, Illinois, July 13 (Reuters) - The United States, the world’s top corn supplier, is set to export a record volume of corn in the waning 2024-25 marketing year, slightly edging out 2020-21’s high.The catch? This year’s efforts included virtually zero involvement from Chin...
Reuters
Mon, Jul 14
WTI Oil hits fresh multi-week highs above $68.00 amid looming sanctions on Russia
Crude Oil prices extended gains on Monday, reaching levels beyond $68.00 for the first time since late June, supported by a mix of highly likely sanctions by the US against Russia, strong macroeconomic data from China, and news that the OPEC+ might pause supply hikes from October.Trump announced a “
WTI
Fxstreet
Mon, Jul 14
Occidental Petroleum Corp - Gulf Of America Assets Face Production Curtailments In Q2 - SEC Filing
Occidental Petroleum Corp OXY.N:OCCIDENTAL PETROLEUM CORP - GULF OF AMERICA ASSETS FACE PRODUCTION CURTAILMENTS IN Q2 - SEC FILINGOCCIDENTAL PETROLEUM CORP - Q2 GULF SALES VOLUMES ESTIMATED AT 125 MBOED - SEC FILINGOCCIDENTAL PETROLEUM CORP: TOTAL COMPANY PRODUCTION IS EXPECTED TO REMAIN WITHIN GUID...
Reuters
Mon, Jul 14
Italy's Chianti wine makers eye South America, Asia amid Trump tariff threat
MILAN, July 14 (Reuters) - Producers of Italy's renowned Chianti wine have demanded a new export strategy backed by the EU targeting markets such as South America, Asia and Africa following U.S. President Donald Trump's threat of additional tariffs on European imports.Italy currently exports...
Reuters
Mon, Jul 14
RPT-COLUMN-Soaring Saudi exports and trade tensions will test oil price resilience: Bousso
Oil demand growth slows sharply in second quarterSaudi oil exports set to surge to 7.5 mln bpd in July amid higher productionSaudi power generation crude burn limits exports during summerBy Ron Bousso LONDON, July 14 - Oil markets have remained remarkably resilient so far this year, despite conce...
Reuters
Mon, Jul 14
Caspian pipeline boosts oil exports by 8% in June from May, sources say
MOSCOW, July 14 (Reuters) - CASPIAN PIPELINE CONSORTIUM RAISED OIL EXPORTS IN JUNE BY 8% FROM MAY TO 6.177 MILLION TONS - TWO SOURCESThe Caspian Pipeline Consortium, which transports oil from Kazakhstan via a Russia's Black Sea terminal, increased exports by 8% in June from May, two industry sou...
Reuters
Mon, Jul 14
Gold Price Forecast: XAU/USD refreshes three-week high, aims to revisit $3,400
Gold price (XAU/USD) posts a fresh three-week high around $3,370 during the European trading session on Monday.
Gold
Fxstreet
Mon, Jul 14
Indonesia's additional energy imports from US hinges on lowering of tariffs, minister says
JAKARTA, July 14 (Reuters) - Indonesia's plan to increase energy imports from the United States will hinge on the lowering of tariffs, the country's energy minister Bahlil Lahadalia said on Monday, according to a report by news website Bloomberg Technoz.Southeast Asia's largest economy I...
Reuters
Mon, Jul 14
Lockheed Martin In Talks Over Historic Seabed Mining Rights- FT
July 14 (Reuters) - LOCKHEED MARTIN IN TALKS OVER HISTORIC SEABED MINING RIGHTS- FTSource text: https://tinyurl.com/2jp7f8x8
Reuters
Mon, Jul 14
Serbia seeks fifth US sanctions waiver for Russian-owned oil firm NIS, minister says
BELGRADE, July 14 (Reuters) - Talks between Belgrade and the United States over postponing sanctions against Russian-owned Serbian oil company NIS for a fifth time have been marred with difficulties, Serbian mining and energy minister Dubravka Djedovic Handanovic said on Monday.NIS NIIS.BEL has so f...
Reuters
Mon, Jul 14
Oil holds onto gains ahead of Trump statement – ING
Oil prices managed to move higher on Friday, with Brent settling 2.51% higher on the day. The market remains well supported in early morning trading today, ING’s commodity analysts Warren Patterson and Ewa Manthey note.
Fxstreet
Mon, Jul 14
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver
Fxstreet
Mon, Jul 14
EUROPE GAS-Prices rangebound on stable Norwegian supply
LONDON, July 14 (Reuters) - Dutch and British wholesale gas prices rose slightly on Monday morning but were still trading in a narrow range as supply was stable but market players are monitoring Asian spot demand amid concerns a heatwave may limit cargoes needed to refill storage facilities.The benc...
Reuters
Mon, Jul 14
WTI advances to near $68.00 as traders await Trump’s statement on Russia
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $68.00 per barrel during the European hours on Monday.
WTI
Fxstreet
Mon, Jul 14
METALS-Copper prices rangebound on US trade talks, 50% metal tariff
By Hongmei Li SINGAPORE, July 14 (Reuters) - Copper prices on the London Metal Exchange and the Shanghai Futures Exchange were rangebound on Monday as investors assessed the impact of trade talks between the U.S. and its major partners and a 50% import tariff on the metal.Three-month copper on th...
Reuters
Mon, Jul 14
REFILE-COLUMN-Soaring Saudi exports and trade tensions will test oil price resilience: Bousso
Oil demand growth slows sharply in second quarterSaudi oil exports set to surge to 7.5 mln bpd in July amid higher productionSaudi power generation crude burn limits exports during summerBy Ron Bousso LONDON, July 14 - Oil markets have remained remarkably resilient so far this year, despite conce...
Reuters
Mon, Jul 14
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