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METALS-Copper slips as macro concerns, firmer dollar weigh
Nov 17 (Reuters) - Copper prices fell for a second straight session on Monday, weighed down by a slightly firmer dollar, fading hopes for another Federal Reserve rate cut and a host of macro concerns.Benchmark three-month copper CMCU3 on the London Metal Exchange was down 0.7% at $10,776 per metric ...Reuters
Mon, Nov 17
Turkey says black box analysis, initial findings on cargo plane crash to take at least two months
ANKARA, Nov 17 (Reuters) - Turkish Defence Minister Yasar Guler said on Monday it would take at least two months to reach initial findings and analyse the black box of a Turkish cargo plane that crashed in Georgia last week and left 20 soldiers dead.The C-130 cargo aircraft had left Azerbaijan for T...Reuters
Mon, Nov 17
Europe Gasoline/Naphtha-Gasoline cracks steady
LONDON, Nov 17 (Reuters) - Northwest European gasoline profit margins fell by 18 cents to $23.16 a barrel on Monday after rising in the previous session, despite concerns around supply shortages. A total of 10,200 metric tons of Eurobob E5 gasoline barges traded as Equinor and Gunvor sold to TotalEn...Reuters
Mon, Nov 17
Deforestation in Brazil's Cerrado region hurts potential soybean output, study shows
By Ana Mano SAO PAULO, Nov 17 (Reuters) - Clearing land for agricultural use in Brazil's Cerrado tropical savanna region causes drier weather conditions that ultimately hurt soybean yields, according to the findings of a new study released on Monday.The study, which was shared first with Reut...Reuters
Mon, Nov 17
Crew of tanker seized by Iran make contact, are safe, vessel manager says
LONDON, Nov 17 (Reuters) - The crew of an oil products tanker are safe and the vessel is anchored off Iran's Bandar Abbas port, its manager said on Monday, after Tehran said it seized the ship in open Gulf waters last week. Iran confirmed on Saturday that its Revolutionary Guards (IRGC) had seiz...Reuters
Mon, Nov 17
PRECIOUS-Gold edges lower as dollar firms; investors eye US data
Dollar extends gains against its main rivalsFed minutes due on WednesdayFocus on US nonfarm payrolls report on ThursdayBy Pablo Sinha Nov 17 (Reuters) - Gold prices ticked down on Monday, pressured by a stronger dollar and reduced expectations of a U.S. interest rate cut next month, as investors...Reuters
Mon, Nov 17
EXCLUSIVE-Chevron joins race to explore potential purchase of Lukoil assets, sources say
By Shariq Khan, Anna Hirtenstein and Dmitry Zhdannikov LONDON, Nov 17 (Reuters) - U.S. oil major Chevron CVX.N is studying options to buy global assets of sanctioned Russian oil firm Lukoil LKOH.MM, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance...Reuters
Mon, Nov 17
Chevron exploring options to buy Lukoil's assets, sources say
LONDON, Nov 17 (Reuters) - Oil major Chevron CVX.N is studying options to buy international assets of sanctioned Russian oil firm Lukoil LKOH.MM, five sources familiar with the process told Reuters.On Friday, the U.S. Treasury gave clearance to potential buyers to talk to Lukoil about foreign assets...Reuters
Mon, Nov 17
Iraq discusses seeking six-month waiver of US Lukoil sanctions, officials say
By Aref Mohammed and Ahmed Rasheed BAGHDAD, Nov 17 (Reuters) - Iraq's government is discussing seeking a six-month sanctions waiver from the U.S. Treasury Department for Lukoil LKOH.MM to have more time to sell its stake in the giant West Qurna-2 oilfield, three Iraqi energy officials told Re...Reuters
Mon, Nov 17
PRECIOUS-Gold edges lower as dollar firms; investors eye US data
Dollar extends gains against its main rivalsFed minutes due on WednesdayFocus on US nonfarm payrolls report on ThursdayBy Pablo Sinha Nov 17 (Reuters) - Gold prices ticked down on Monday, pressured by a stronger dollar and reduced expectations of a U.S. interest rate cut next month, as investors...Reuters
Mon, Nov 17
Iraq discusses seeking six-month waiver of US Lukoil sanctions, officials say
BAGHDAD, Nov 17 (Reuters) - Iraq's government is discussing seeking a six-month sanctions waiver from the U.S. Treasury Department for Lukoil LKOH.MM to have more time to sell its stake in the giant West Qurna-2 oilfield, three Iraqi energy officials told Reuters on Monday.Lukoil has declared fo...Reuters
Mon, Nov 17
Deforestation in Brazil's Cerrado region hurts potential soybean output, study finds
By Ana Mano SAO PAULO, Nov 17 (Reuters) - Clearing land for agricultural use in Brazil's Cerrado tropical savanna region causes drier weather conditions that ultimately hurt soybean yields, according to the findings of a new study released on Monday.The study, which was shared first with Reut...Reuters
Mon, Nov 17
US oil, gas rig count slows despite record output, EIA says
Nov 17 (Reuters) - U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy Information Administration (EIA) said on Monday.The EIA said the average number of active rigs in the Lower 48 has fallen from 750 in December 2022 to 517 i...Reuters
Mon, Nov 17
COP30 delegates dig into toughest issues as climate talks enter final week
Competing priorities make final COP30 summit week toughGovernment ministers set to join the negotiationsBrazil's President Lula will aim to help bridge gapsSummit scheduled to end FridayBy Lisandra Paraguassu BELEM, Brazil, Nov 17 (Reuters) - Government ministers from around the world were pr...Reuters
Mon, Nov 17
Trafigura's $600 million nickel fraud trial starts in London
Commodities trader says it is victim of massive nickel fraudGupta claims Trafigura came up with scheme at centre of trialFive-week trial expected to hear evidence from Gupta and former Trafigura executivesBy Sam Tobin and Eric Onstad LONDON, Nov 17 (Reuters) - Trafigura's $600 million case ag...Reuters
Mon, Nov 17
US natural gas futures fall 3% on record output, lower demand forecasts
Record gas output and high storage levels contribute to price declineLNG export plants see record gas flowsWaha Hub prices remain negative due to pipeline constraintsBy Scott DiSavino Nov 17 (Reuters) - U.S. natural gas futures fell about 3% on Monday on record output, ample amounts of gas in sto...Reuters
Mon, Nov 17
