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Europe Gasoline/Naphtha-Gasoline cracks dive on Dangote restart
LONDON, Oct 17 (Reuters) - Northwest European gasoline profit margins fell by about $1.50 a barrel on Friday, after Nigeria's Dangote oil refinery began the restart process for its gasoline unit.A total of 5,200 metric tons of Eurobob E5 gasoline barges traded as Varo and Exxon Mobil sold to Gun...Reuters
Fri, Oct 17
SLB's Le Peuch sees no major rebound in North America activity
By Tanay DhumalOct 17 (Reuters) - SLB SLB.N does not expect to see a significant pickup in North American drilling activity due to high production costs at some shale basins, its top boss said on Friday, although the region contributed to its third-quarter profit beat.CEO Olivier Le Peuch's caut...Reuters
Fri, Oct 17
PRECIOUS-Gold pulls back after record high on firm dollar, Trump's China remarks
Markets price in 25 bps rate cut at the Oct Fed meet Trump says 100% tariffs on China not sustainableGold is up over 5% so far this weekSilver hits record high of $54.47/ozBy Sherin Elizabeth Varghese Oct 17 (Reuters) - Gold prices fell more than 2% on Friday after hitting a record high above $4,...Reuters
Fri, Oct 17
France bans cattle exports, bullfighting as lumpy skin virus spreads
PARIS, Oct 17 (Reuters) - France imposed a ban on cattle exports and events such as bullfighting, the agriculture ministry said on Friday as it tries to contain the highly contagious lumpy skin disease sweeping through farms in the country for the first time.Lumpy skin disease is a virus spread by i...Reuters
Fri, Oct 17
Russian Railways to cut management jobs as economy slows, Interfax says
MOSCOW, Oct 17 (Reuters) - Russia's state-owned railway monopoly Russian Railways plans to reduce management jobs as the company faces lower freight volumes and a broader slowdown in the Russian economy, Interfax news agency reported on Friday, citing the company.Russia's industrial giants —...Reuters
Fri, Oct 17
US courts set to run out of money, begin furloughs as shutdown lingers
Federal judiciary to begin furloughs MondayCivil litigation delays mount, but Trump-related cases proceedFunding shortfall hits judiciary harder than during last government shutdownBy Nate Raymond Oct 17 (Reuters) - The U.S. federal court system starting on Monday will begin curtailing non-essent...Reuters
Fri, Oct 17
Ukraine says it struck Russian oil depot in occupied Crimea
KYIV, Oct 17 (Reuters) - Ukraine hit a Russian oil depot and a fuel warehouse in Moscow-occupied Crimea overnight, Kyiv's general staff said on Friday. The statement said the targets, a base in Hvardiyske and a warehouse in Dzhankoi used by the Russian military, came under attack.Reuters
Fri, Oct 17
Polish court rules against sending Ukrainian Nord Stream suspect to Germany
Polish court rules against sending Ukrainian suspect to GermanyVolodymyr Z. wanted in connection with Nord Stream bombingsPolish PM says he should not be given to GermanyWarsaw is a long standing critic of Nord StreamBy Marek Strzelecki and Anna Koper WARSAW, Oct 17 (Reuters) - A Polish court on ...Reuters
Fri, Oct 17
PRECIOUS-Gold pulls back after record high on firm dollar, Trump's China remarks
Markets price in 25 bps rate cut at the Oct Fed meet Trump says 100% tariffs on China not sustainableGold is up over 5% so far this weekSilver hits record high of $54.47/ozBy Sherin Elizabeth Varghese Oct 17 (Reuters) - Gold prices fell more than 2% on Friday after hitting a record high above $4,...Reuters
Fri, Oct 17
UN shipping agency delays decision on carbon price for one year
LONDON, Oct 17 - A majority of countries at the U.N. shipping agency voted on Friday to postpone by a year a decision on a global carbon price on international shipping, after failing to reach consensus on the emissions reduction measure amid U.S. pressure.Reuters
Fri, Oct 17
Canada and China discuss disputes over canola and EVs, says Ottawa
OTTAWA, Oct 17 (Reuters) - Senior Canadian and Chinese officials discussed bilateral trade disputes involving canola and electric vehicles on Friday, Ottawa said, but gave no indication of any immediate breakthrough. Canadian Foreign Minister Anita Anand met Chinese counterpart Wang Yi in Beijin...Reuters
Fri, Oct 17
GLOBAL LNG-Asian spot prices rise slightly on cold weather despite ample inventories
By Marwa RashadLONDON, Oct 17 (Reuters) - Asian spot liquefied natural gas (LNG) prices rose slightly this week, as colder weather forecasts in north-east China lifted buying interest, despite strong storage inventories. The average LNG price for December delivery into north-east Asia LNG-AS was $11...Reuters
Fri, Oct 17
What you need to know about Bolivia's runoff election
Oct 17 (Reuters) - Bolivia will hold a presidential runoff on October 19 after no candidate secured an outright victory in the first round of voting on August 17. The first-round result marked a stunning blow to the incumbent Movement to Socialism, or MAS party, which has dominated the South America...Reuters
Fri, Oct 17
US natgas prices hold near 3-week low on ample fuel in storage, mild weather forecasts
Mild weather forecasts reduce gas demand, offsetting output declineGas storage levels 4% above normal, easing supply concernsLNG export flows near record highs, boosting demandBy Scott DiSavinoOct 17 (Reuters) - U.S. natural gas futures held near a three-week low on Friday as bearish mild weather fo...Reuters
Fri, Oct 17
Silver Price Forecast: XAG/USD eases from record highs, bulls defend $53.00 support
Silver (XAG/USD) is taking a breather on Friday, snapping a two-day winning streak after refreshing a new all-time high near $54.86 on Thursday. At the time of writing, the white metal is trading around $53.20, down over 1.80% on the day and easing from the intraday high of $53.68.
Fxstreet
Fri, Oct 17
CBOT Trends-Soybeans up 5-6 cents, corn up 1-3, wheat up 1-2
CHICAGO, Oct 17 (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. CDT (1330 GMT) on Friday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Up 1 to 2 cents p...Reuters
Fri, Oct 17
High prices, bad quality slow down Ivory Coast cocoa purchases, sources say
By Ange Aboa ABIDJAN, Oct 17 (Reuters) - Cocoa purchases in Ivory Coast have stalled at the start of the 2025/26 season, as a record farmgate price and poor-quality stocks deterred buyers and exporters, industry sources told Reuters.The world’s top cocoa producer raised its state-guaranteed price...Reuters
Fri, Oct 17
Sam Altman-backed Oklo to get $2 billion for US nuclear fuel development
Oct 17 (Reuters) - Nuclear technology firm Oklo OKLO.N said on Friday it has signed an agreement with Europe-based newcleo to develop advanced fuel fabrication and manufacturing infrastructure in the U.S.Under the agreement, nuclear reactor developer newcleo plans to invest up to $2 billion. Sweden&...Reuters
Fri, Oct 17
PRECIOUS-Gold retreats from record high following Trump's comments on China
Trump says 100% tariffs on China not sustainableGold is up about 7.2% so far this weekSilver hits record high of $54.47/ozSPDR gold trust holdings hit highest level since July 2022By Anushree Mukherjee Oct 17 (Reuters) - Gold prices fell on Friday after notching a record high above the $4,300 an ...Reuters
Fri, Oct 17
