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Guinea charges 60 over deadly gold mine riot
CONAKRY, Oct 10 (Reuters) - Guinea has charged 60 people with arson, theft and murder after a deadly riot at the privately-owned Weily Mining firm in the northeastern gold-producing Siguiri region, prosecutors said on Friday.Unrest broke out on October 4 after locals demanded the release of 17 peopl...
Reuters
Fri, Oct 10
PRECIOUS-Gold pares gains after brief run above $4,000/oz on Trump's China tariff warning
Gold hit a record high of $4,059.05 on WednesdaySilver hovers below record high of $51.22/oz hit on ThursdayPlatinum posts weekly loss, palladium sees weekly gainBy Anushree Mukherjee and Anmol Choubey Oct 10 (Reuters) - Gold pared some gains on Friday after briefly rallying above the $4,000 ...
Reuters
Fri, Oct 10
Zelenskiy says Russia waited for bad weather for attack on energy sites
Oct 10 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Friday that Russia deliberately waited for bad weather before staging a vast attack on Ukraine's energy system, adding the conditions reduced the efficiency of air defences by between 20% and 30%."The main assault was in four...
Reuters
Fri, Oct 10
US Cash Grains-Corn basis steady-weak at ethanol plants
CHICAGO, Oct 10 (Reuters) - Basis bids for corn were mostly steady to weaker in the U.S. Midwest on Friday, spot checks showed, as harvesting continued in the region amid generally favorable weather, keeping elevators and processors adequately supplied with grain. Basis bids at ethanol facilities ha...
Reuters
Fri, Oct 10
US drillers cut oil and gas rigs for first time in 6 weeks, Baker Hughes says
Rig count down 7% from last year, Baker Hughes saysPermian Basin rig count lowest since September 2021EIA projects rise in crude and gas outputBy Scott DiSavino Oct 10 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating, the first reduction in six weeks, e...
Reuters
Fri, Oct 10
CORRECTED-FOCUS-Trump’s crackdown on EVs hits home in the Battery Belt
Battery Belt projects face uncertainty due to waning EV demand and policy changesAuto industry is installing many times more battery capacity than it will need, Reuters review showsFederal raid at Hyundai's Georgia plant marked another setback for one of the largest EV projectsBy Nora Eckert ...
Reuters
Fri, Oct 10
Zelenskiy hopes for a meeting of coalition of willing this month
Oct 10 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Friday that Russia deliberately waited for bad weather before attacking Ukraine's energy system with a vast bombardment, adding that the inclement conditions reduced the efficiency of air defences by between 20% and 30%.Speaking ...
Reuters
Fri, Oct 10
US drillers cut oil and gas rigs for first time in six weeks, says Baker Hughes
By Scott DiSavino Oct 10 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating, the first reduction in six weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future ou...
Reuters
Fri, Oct 10
United States Baker Hughes US Oil Rig Count came in at 418, below expectations (421)
United States Baker Hughes US Oil Rig Count came in at 418, below expectations (421)
Fxstreet
Fri, Oct 10
Euronext wheat falls amid renewed US-China tensions
PARIS, Oct 10 (Reuters) - Euronext wheat eased on Friday in step with Chicago futures as criticism of China by U.S. President Donald Trump clouded prospects for resolving a trade dispute that has hit U.S. crop exports.Rising global wheat supply, highlighted by consultancy Sovecon's latest increa...
Reuters
Fri, Oct 10
Pemex overhauling multiple units at Deer Park, Texas, refinery, sources say
By Erwin SebaHOUSTON, Oct 10 (Reuters) - Mexico's national oil company Pemex completed the shutdown of multiple units at its 312,500-barrel-per-day Deer Park, Texas, refinery on Thursday to begin a multi-unit overhaul, people familiar with plant operations said. The refinery's 270,000-bpd DU...
Reuters
Fri, Oct 10
Goldman Sachs expects copper price to remain in $10,000-$11,000/t price range in 2026/2027
Oct 10 (Reuters) - Copper prices are expected to stay in a range of $10,000-$11,000 per metric ton in 2026/2027 due to a market surplus, though the long-term outlook remains positive, Goldman Sachs said in a note on Friday. The bank noted three key factors that could limit copper's upside: Fi...
Reuters
Fri, Oct 10
North Sea Crude- Window empty for third session
LONDON, Oct 10 (Reuters) - North Sea crude differentials were stable on Friday in a muted trading session.* Brent crude futures prices LCOc1 were down almost 4% at $62.72 a barrel as of 1637 GMT on Friday, after a ceasefire agreement in Gaza brought down the geopolitical risk premium, and as U.S. Pr...
Reuters
Fri, Oct 10
US government workforce cuts have begun, OMB chief says
WASHINGTON, Oct 10 (Reuters) - Reductions of the federal workers have begun, Office of Management and Budget Director Russell Vought said in a post on X on Friday as the U.S. government shutdown entered its 10th day."The RIFs have begun," Vought wrote, referring to so-called reductions in fo...
Reuters
Fri, Oct 10
Europe Gasoline/Naphtha-Gasoline cracks drop on lower demand
LONDON, Oct 10 (Reuters) - Northwest European gasoline profit margins fell by about $1.5 to $16.31 a barrel on Friday as trading activity remained subdued.A total of 4,000 metric tons of Eurobob E5 barges traded, which Equinor sold to Gunvor and Vitol. No Eurobob E10 barges traded on Friday.The rest...
Reuters
Fri, Oct 10
FAA says air traffic staffing issues will not compromise safety
WASHINGTON, Oct 10 (Reuters) - The head of the Federal Aviation Administration said on Friday that the agency is facing continuing air traffic control staffing shortages as it faces a fifth straight day of delays but that safety will not be compromised."Staffing shortages have increased across t...
Reuters
Fri, Oct 10
METALS-Copper falls as Trump's comment on China sparks trade war fears
By Polina Devitt LONDON, Oct 10 (Reuters) - Copper prices fell on Friday after U.S. President Donald Trump said Washington was calculating a massive increase in tariffs on Chinese imports, inflating fears of a trade war between the world's two largest economies. Three-month copper on t...
Reuters
Fri, Oct 10
COLUMN-Venture Global’s $1 billion arbitration loss gives booming US LNG sector black eye: Bousso
BP wins arbitration case against Venture GlobalUS LNG export capacity to rapidly grow by 2030But concerns are growing over viability of some projectsBy Ron Bousso LONDON, Oct 10 (Reuters) - Venture Global's loss in a massive arbitration case with BP is a black eye for the wider U.S. LNG indus...
Reuters
Fri, Oct 10
GRAINS-Soybeans tumble on doubts over US-China trade progress
Soybeans tumble on waning hopes for US-China trade dealWheat lower on ample global supplyCorn follows wheat lowerBy Heather Schlitz CHICAGO, Oct 10 (Reuters) - Chicago Board of Trade soybean futures plummeted on Friday as trade restrictions announced by China and escalating rhetoric from U.S. Pre...
Reuters
Fri, Oct 10
PRECIOUS-Gold jumps above $4,000/oz again after Trump's tariff warning on China
Gold hit a record high of $4,059.05 on WednesdaySilver hovers below record high of $51.22/oz hit on ThursdayPlatinum, palladium headed for weekly gainsBy Anushree Mukherjee and Anmol Choubey Oct 10 (Reuters) - Gold popped back up above the $4,000-an-ounce level on Friday, set for an eighth straig...
Reuters
Fri, Oct 10
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