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Singapore fuel oil stockpiles steady, both imports and exports climb
SINGAPORE, Nov 27 (Reuters) - Onshore fuel oil stockpiles in major oil storage hub Singapore were largely steady week-on-week, hovering above 24 million barrels, data showed on Thursday.The inventories STKRS-SIN inched up 0.8% to 24.71 million barrels (about 3.89 million metric tons) in the week to ...
Reuters
Thu, Nov 27
PRECIOUS-Gold holds near 2-week high as traders weigh US rate cut chances
Traders see a 85% chance of US interest rate cut in DecemberUS consumer confidence falls in NovemberKevin Hassett, frontrunner for Fed Chair, says rates should be lowerBy Noel John Nov 27 (Reuters) - Gold prices were steady on Thursday, holding near a two-week high as investors assessed the likel...
Reuters
Thu, Nov 27
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $53.41 per troy ounce, up 0.12% from the $53.35 it cost on Wednesday.
Silver
Fxstreet
Thu, Nov 27
Chinese Silver stocks hit 10-year low – ING
Chinese warehouse inventories of Silver dropped to their lowest since 2015, driven by record exports and physical tightness, pushing the Shanghai market into backwardation, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold
Fxstreet
Thu, Nov 27
European Gas storage falls below 78% – ING
European Gas storage drops under 78% amid cold spells, while speculators shift to a net short position for the first time since March 2024, raising winter market risks, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Thu, Nov 27
Oil trapped between peace hopes and Fed cut bets – ING
The Oil market is stuck between the potential for progress in Russia-Ukraine peace talks and what that would mean for Oil supply amid a broader risk-on trade as expectations grow for a December interest rate cut by the US Federal Reserve.
Fxstreet
Thu, Nov 27
CORRECTED-KKR-backed Serentica may raise up to $8 bln for India green energy expansion
By Sethuraman N RNEW DELHI, Nov 27 (Reuters) - Indian company Serentica Renewables plans to raise between $6 billion and $8 billion over the next five years, to help fund acquisitions and build projects as it looks to more than double its clean energy capacity, a top executive said.Serentica, backed...
Reuters
Thu, Nov 27
Zenith Energy Ltd Announces Unauthorised Sale Of Tunisian Crude Oil
Nov 27 (Reuters) - Zenith Energy Ltd ZENZ.L:ZENITH ENERGY LTD - UNAUTHORISED SALE OF TUNISIAN CRUDE OILZENITH ENERGY LTD - ETAP HAS SOLD 3,987 BARRELS OF OIL PRODUCED BY EPT AND TRANSFERRED TO MARETAP WITHOUT ANY AUTHORISATION OR NOTIFICATION TO EPTZENITH ENERGY LTD - ETAP HAS INDICATED THAT NO PR...
Reuters
Thu, Nov 27
METALS-Shanghai copper strengthens on rising bets for December Fed rate cut
SHANGHAI, Nov 27 (Reuters) - Shanghai copper extended gains to a fourth straight session on Thursday, as fresh hopes for a December interest rate cut by the U.S. Federal Reserve continued to support sentiment.The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 closed daytime trad...
Reuters
Thu, Nov 27
TABLE-North Sea gas maintenance schedule: revises TAQA outage
Nov 27 (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
Thu, Nov 27
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $58.35 per barrel, down from Wednesday’s close at $58.49.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.25 after its previous daily close at $62.43.
WTI
Fxstreet
Thu, Nov 27
PRECIOUS-Gold eases from near two-week high as investors book profits
Kevin Hassett, frontrunner for Fed Chair, says rates should be lower85% chance of a rate cut in December - CME FedWatch toolWeekly jobless claims fell last weekBy Ishaan Arora Nov 27 (Reuters) - Gold edged lower on Thursday on profit-taking after it hit a near two-week high in the previous sessio...
Reuters
Thu, Nov 27
Poland - Factors to Watch November 27
WARSAW, Nov 27 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):SUBMARINES FOR POLANDPoland said on Wednesday it had chosen Sweden's Saab SAABb.ST to supply it with three submarines, in a multi-billion-dollar deal ...
Reuters
Thu, Nov 27
Thailand eyes drones to boost flood relief efforts; deaths climb in Indonesia
Thailand says water receding, expects faster evacuations Malaysia brings home some citizens from Thailand in container trucksIndonesia battles to reach victims of floods, landslidesWeather experts say two systems interacted to unleash havoc By Cong Sun and Huey Mun Leong HAY YAI, Thailand/KUALA...
Reuters
Thu, Nov 27
TECHNICALS-CBOT soybeans may rise to $11.43
For more technical analyses, please click SINGAPORE, Nov 27 (Reuters) - The CBOT soybean January contract SF26 may rise to $11.43 per bushel, as it has climbed above a wedge.The pattern indicates a target of $11.37-1/4. Wave pattern shows that the peak of a wave b is at $11.43, which serves as a hig...
Reuters
Thu, Nov 27
RPT-ASIA COPPER WEEK-China's refined copper use to account for 57% of world total by 2030, CRU says
SHANGHAI, Nov 27 (Reuters) - China's refined copper consumption is expected to account for 57% of the global total by 2030, down from 59% in 2025, He Tianyu, a senior analyst at consultancy CRU Group, said on Thursday at the World Copper Conference Asia 2025.
Reuters
Thu, Nov 27
ASIA COPPER WEEK-Refined copper output growth to slow in 2026, ICSG secretary-general
SHANGHAI, Nov 27 (Reuters) - Copper output growth is forecasted slow to 0.9% in 2026, compared with a 3.4% growth expectation in 2025, Paul White, the Secretary-General of the International Copper Study Group told the World Copper Conference 2025 on Thursday.The copper market will be in a 150,000-m...
Reuters
Thu, Nov 27
ASIA COPPER WEEK-China's refined copper use to account for 57% of world total by 2030, CRU says
SHANGHAI, Nov 27 (Reuters) - China's refined copper consumption is expected to account for 57% of the global total by 2030, down from 59% in 2025, He Tianyu, a senior analyst at consultancy CRU Group, said on Thursday at the World Copper Conference Asia 2025.
Reuters
Thu, Nov 27
PRECIOUS-Gold eases from near two-week high as investors book profits
Kevin Hassett, frontrunner for Fed Chair, says rates should be lower85% chance of a rate cut in December - CME FedWatch toolWeekly jobless claims fell last weekBy Ishaan Arora Nov 27 (Reuters) - Gold edged lower on Thursday on profit-taking after it hit a near two-week high in the previous sessio...
Reuters
Thu, Nov 27
TIMELINE-Western sanctions on Russia, Iran energy trade
Nov 27 (Reuters) - The European Union, Britain and the U.S. have imposed a raft of sanctions against Russia over its war in Ukraine. In October, the U.S. targeted Russia's two top oil producers, Rosneft ROSN.MM and Lukoil LKOH.MM. Below is a timeline of key Western sanctions imposed si...
Reuters
Thu, Nov 27
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