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Oil market faces more or less significant oversupply next year – Commerzbank
The IEA also published its regular monthly report, in which it maintains its forecast of a record supply surplus of more than 4 million barrels per day in the coming year.
Fxstreet
Fri, Nov 14
Silver rises on safe-haven demand as US data disruptions persist
Silver (XAG/USD) trades around $52.60 on Friday at the time of writing, up 0.50% on the day. The precious metal regains traction as investors turn to safe-haven assets, while US economic data remains severely disrupted after the federal government’s reopening.
Silver
Fxstreet
Fri, Nov 14
IEA envisages significantly later peak in Oil demand – Commerzbank
The International Energy Agency published its annual World Energy Outlook this week, with forecasts up to 2050, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Nov 14
Siemens Energy CEO sees limited synergies in struggling wind turbine unit
Siemens Gamesa made $1.59 billion operating lossUnclear whether it can turn double-digit marginsWind unit only loss-making business in groupBy Christoph Steitz and Max Schwarz BERLIN, Nov 14 (Reuters) - Siemens Energy sees limited synergies between its struggling onshore and better-performing off...
Reuters
Fri, Nov 14
Italy weighs one-off levy to bring private gold holdings into formal economy
Individuals will receive certification for holdings, easing path to future salesLevy is about half the tax on full value of gold sales lacking proof of purchaseSupporters say measure will improve transparency, legal gold circulationProposal targets 4,500–5,000 metric tons of privately held goldBy Gi...
Reuters
Fri, Nov 14
PRECIOUS-Gold falls as Fed cut hopes fade after hawkish Fed commentary
Gold up 4.3% so far this weekSilver set for best week since September 2024Market expects 49% chance of a quarter-point rate cut in DecemberBy Anmol Choubey Nov 14 (Reuters) - Gold prices see-sawed on Friday as hawkish comments from U.S. Federal Reserve officials clouded prospects for a December r...
Reuters
Fri, Nov 14
French President Macron to host Ukraine's Zelenskiy in Paris on November 17
PARIS, Nov 14 (Reuters) - French President Emmanuel Macron will host Ukraine's President Volodymyr Zelenskiy in Paris on November 17 to reaffirm France's long-term support for Ukraine, Macron's office said on Friday.Zelensky's visit will be his ninth trip to France since the start o...
Reuters
Fri, Nov 14
PRECIOUS-Gold trims gains as Fed cut hopes fade after hawkish Fed commentary
Gold up 4.3% so far this weekSilver set for best week since September 2024Market expects 49% chance of a quarter-point rate cut in DecemberBy Anmol Choubey Nov 14 (Reuters) - Gold prices pared earlier gains on Friday as hawkish comments from U.S. Federal Reserve officials clouded prospects for a ...
Reuters
Fri, Nov 14
IEA continues to see very well-supplied Oil market – ING
Oil prices moved higher yesterday, settling just shy of 0.5% higher, despite a bearish weekly Energy Information Administration (EIA) inventory report.
WTI
Fxstreet
Fri, Nov 14
Santander pulled Gunvor funding after US Treasury's comments- Bloomberg News- Bloomberg News
-- Source link: https://tinyurl.com/2k85kh45-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Fri, Nov 14
China and US still to agree on rare earth deal weeks after talks-Bloomberg News
-- Source link: https://tinyurl.com/cuj3xf7n-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Fri, Nov 14
Head of Russian nuclear corporation holds Kaliningrad talks with UN nuclear chief
MOSCOW, Nov 14 (Reuters) - The head of Russia's state nuclear corporation Rosatom, Alexei Likhachev, is holding talks with Rafael Grossi, the U.N. nuclear watchdog head, in the Russian exclave of Kaliningrad, Russia's RIA state news agency reported on Friday.The two officials have in the pas...
Reuters
Fri, Nov 14
Siemens Energy expects low triple-digit million euro tariff hit in 2026
BERLIN, Nov 14 (Reuters) - Siemens Energy ENR1n.DE expects U.S. import tariffs to deliver a hit of at least 100 million euros ($117 million) next year, but less than the roughly 200 million euros it saw in 2025, the group's finance chief Maria Ferraro said on Friday."We're looking at a l...
Reuters
Fri, Nov 14
Greece arrests man in Europol's global 'Endgame' operation against cybercrime
ATHENS, Nov 14 (Reuters) - Greece has arrested a 38-year-old man as part of a Europol crackdown on international cybercrime, during which authorities dismantled malware infrastructure that has infected hundreds of thousands of computers worldwide, police said.The pan-European law enforcement coopera...
Reuters
Fri, Nov 14
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $59.42 per barrel, up from Thursday’s close at $58.56.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $62.69 price posted on Thursday, and trading at $63.52.
WTI
Fxstreet
Fri, Nov 14
CPC suspends oil loadings from Black Sea terminal as a precaution over drone attack, source says
MOSCOW, Nov 14 (Reuters) - The Caspian Pipeline Consortium, which exports oil from Kazakhstan via a Russian Black Sea terminal, suspended oil loadings after a Ukrainian drone attack on Novorossiysk, a source familiar with the situation said on Friday.The source said the suspension was standard proce...
Reuters
Fri, Nov 14
PRECIOUS-Gold rises, poised for weekly gain on softer dollar
Gold up 4.6% so far this weekDollar heads for second weekly dipSilver set for best week since September 2024By Brijesh Patel Nov 14 (Reuters) - Gold prices rose on Friday and were on track for a weekly rise, supported by a weaker dollar as investors waited for more U.S. economic data to gauge the...
Reuters
Fri, Nov 14
PRESS DIGEST- New York Times business news - November 14
Nov 14 (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 Pentagon intelligence report says China could try to acquire advanced F-35 technology in Saudi Arabia if the Trump administratio...
Reuters
Fri, Nov 14
RPT-Germany rethinks China policy as trade squeeze exposes vulnerabilities
Germany's expert commission to rethink China trade policyRare earth export curbs expose Germany's vulnerabilitiesGermany's dependency on China remains despite 2023 strategyBy Maria Martinez BERLIN, Nov 13 (Reuters) - Germany's parliament appointed an expert commission on Thursday ...
Reuters
Fri, Nov 14
TECHNICALS-CBOT soybeans may rise into $11.57-1/4 to $11.65-1/4 range
For more technical analyses, please click SINGAPORE, Nov 14 (Reuters) - The CBOT soybean January contract SF26 is expected to break resistance at $11.52-1/2 per bushel, and rise into $11.57-1/4 to $11.65-1/4 range.Based on the depth of the correction from $11.35-3/4, the contract could climb to $11....
Reuters
Fri, Nov 14
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