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Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $59.34 per barrel, down from Monday’s close at $59.71.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.38 after its previous daily close at $63.75.
Fxstreet
Tue, Nov 18
Goldman Sachs Forecasts 2026/27 Ttf At 29/20 EUR/Mwh, Jkm At $10.50/$7.30/Mmbtu
Nov 18 (Reuters) - GOLDMAN SACHS: SAYS IT EXPECTS 2026/27 TTF AT 29/20 EUR/MWH AND JKM AT $10.50/$7.30/MMBTU TO INCENTIVIZE ADDITIONAL GAS DEMANDSAYS IT SEES 2028/2029 PRICES TO 12/12 EUR/MWH FOR TTF, $4.40/$4.45/MMBTU FOR JKM AND $2.70/$2.75/MMBTU FOR HENRY HUBSAYS AS GLOBAL LNG SUPPLY CONTINUES TO...Reuters
Tue, Nov 18
ROI-TotalEnergies’ power play teaches Big Oil how energy transition can work: Bousso
TotalEnergies acquires 50% in Czech energy company EPH's power businessFrench company aims to grow power business while also increasing oil and gasStrategy contrasts with Shell and BP that scrapped most renewables plansBy Ron Bousso LONDON, Nov 18 (Reuters) - France’s TotalEnergies TTEF.PA i...Reuters
Tue, Nov 18
Japan warns citizens in China about safety as diplomatic crisis deepens
Japan advises citizens in China to avoid crowded areas, look out for 'suspicious people'Japanese film screenings in China suspended as rift intensifiesJapan's business leaders call for diplomatic resolutionBy Liz Lee and John Geddie BEIJING/TOKYO, Nov 18 (Reuters) - Japan has warned i...Reuters
Tue, Nov 18
PRESS DIGEST- New York Times business news - November 18
Nov 18 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- A Tennessee judge temporarily blocked the deployment of the National Guard in Memphis, siding with state and local lawmakers who a...Reuters
Tue, Nov 18
US is the biggest recipient of Chinese loans, study shows
AidData finds China's lending to wealthy countries focuses on critical infrastructure, minerals, high techUS received more than $200 billion for 2,500 projects Britain received $60 billion, EU $161 billionAidData says many Western-led financial institutions choose to collaborate with Chinese sta...Reuters
Tue, Nov 18
FOREX-Yen finds its footing as markets wobble, investors turn risk-off
Dollar reverses gains even as Fed fund futures imply a reduced 42% chance of December cutFinance minister Katayama says 'alarmed' over one-sided FX movesPM Takaichi to meet BOJ Governor Ueda at 0630 GMT todayBy Gregor Stuart Hunter SINGAPORE, Nov 18 (Reuters) - The yen rebounded from its ...Reuters
Tue, Nov 18
Gas pipeline accident reported in Russia's Omsk region, governor says
Nov 18 (Reuters) - An accident occurred on an underground section of a gas pipeline in Russia's Omsk region, the regional governor, Vitaly Khotsenko, said on Tuesday. Emergency services were dealing with the incident, Khotsenko said on the Telegram messaging app. "There is no danger to resid...Reuters
Tue, Nov 18
TECHNICALS-CBOT soybeans to rise toward $11.70 to $11.83-1/4 range
For more technical analyses, please click SINGAPORE, Nov 18 (Reuters) - The CBOT soybean January contract SF26 is expected to break resistance at $11.56-1/2 per bushel and The resistance is identified as the 138.2% projection level of a wave C from $10.00-1/4. This wave may eventually extend to $11....Reuters
Tue, Nov 18
Five minutes from autocracy: How Georgia U-turned from its Western path
Leading opposition figures in jail, exile or under chargeLawsuit would ban three opposition partiesRuling party says it is shielding Georgia from figures who would foment warBy Lucy Papachristou TBILISI, Nov 18 (Reuters) - Just over a year ago, a diverse array of opposition coalitions jockeyed fo...Reuters
Tue, Nov 18
PRECIOUS-Gold extends falls on firm dollar, easing Fed rate-cut bets
Fed needs to move slowly with further rate cuts, Jefferson saysFocus shifts to US non-farm payrolls data due on Thursday By Brijesh Patel Nov 18 (Reuters) - Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next ...Reuters
Tue, Nov 18
Silver Price Forecast: XAG/USD falls to near $49.50 as Fed rate cut likelihood fades
Silver price (XAG/USD) continues its losing streak for the fourth successive session, trading around $49.50 per troy ounce during the Asian hours on Tuesday. The non-interest-bearing Silver struggles amid declining US Federal Reserve (Fed) rate cut bets for December.
Fxstreet
Tue, Nov 18
EXCLUSIVE-China snaps up US soybeans after pledge to Trump, but at high price, traders say
Chinese purchase from US is its largest since at least JanuaryU.S. soybeans remain costlier than Brazilian cargoesChicago soybean futures rise to June 2024 high on China buyingBy Karl Plume CHICAGO, Nov 17 (Reuters) - China bought at least 14 cargoes of U.S. soybeans on Monday, two traders with k...Reuters
Tue, Nov 18
Japan warns citizens in China about safety as diplomatic crisis deepens
Japan advises citizens in China to avoid crowded areas, look out for 'suspicious people'Japanese film screenings in China suspended as rift intensifiesJapan's business leaders call for diplomatic resolutionBy Liz Lee and John Geddie BEIJING/TOKYO, Nov 18 (Reuters) - Japan has warned i...Reuters
Tue, Nov 18
Ukrainian attack damages power plants in Russian-controlled parts of Donetsk, official says
Nov 18 (Reuters) - The Moscow-installed head of the parts of Ukraine's eastern region of Donetsk controlled by Russia said on Tuesday that "an unprecedented" Ukrainian overnight attack damaged two thermal power plants, leaving many settlements without electricity.Denis Pushilin, writing ...Reuters
Tue, Nov 18
Gas pipeline accident reported in Russia's Omsk region, governor says
Nov 18 (Reuters) - An accident occurred on an underground section of a gas pipeline in Russia's Omsk, regional Governor Vitaly Khotsenko said on Tuesday. Emergency services were dealing with the incident, Khotsenko said on the Telegram messaging app. "There is no danger to residents of the O...Reuters
Tue, Nov 18
WTI retreats to near $59.50 on oversupply forecasts, sanctions could limit downside
West Texas Intermediate (WTI) Oil price stalls its three-day rally, slipping to around $59.60 per barrel during Asian hours on Tuesday. Prices softened amid renewed concerns about oversupply after an ING report projected a significant market surplus through 2026.Fxstreet
Tue, Nov 18
GRAINS-Soybeans rise to June 2024 high as China buys US beans
CANBERRA, Nov 18 (Reuters) - Chicago soybean futures edged lower on Tuesday, after reaching their highest level since June last year earlier in the session on China's purchases of U.S. beans.Wheat also rose to a multi-month high before trading lower, while corn futures fell.FUNDAMENTALSThe most-...Reuters
Tue, Nov 18
On tiny Christmas Island, Google spurs renewable energy push for Indian Ocean data hub
Google and miner want switch to renewables for island's energyData hub will be part of new cable system across Indian OceanTech giant says data hub focussed on connectivity, local storage By Kirsty Needham SYDNEY, Nov 18 (Reuters) - Australia's remote Indian Ocean outpost of Christmas Isl...Reuters
Tue, Nov 18
