News
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UK to build its first mini nuclear power station in north Wales, angering Washington
UK chooses site US wanted for Westinghouse reactorUS ambassador criticises the moveBritish officials say small reactors can help meet green goalsLondon to pick site for possible new large plant next yearBy Sarah Young and Alistair Smout LONDON, Nov 13 (Reuters) - Britain selected North Wales for ...Reuters
Thu, Nov 13
Almost a third of Russian seaborne oil export potential stuck in tankers, JPMorgan says
MOSCOW, Nov 13 (Reuters) - Around 1.4 million barrels per day of Russian oil, or almost a third of the country's seaborne exporting potential, remain in tankers as unloading slows due to U.S. sanctions against Rosneft ROSN.MM and Lukoil LKOH.MM, JPMorgan said on Thursday.The U.S. set a November ...Reuters
Thu, Nov 13
EU funnels fresh money to Ukraine for Naftogaz
WARSAW, Nov 13 (Reuters) - Europe's top development banks and Ukrainian energy firm Naftogaz signed a deal on Thursday to provide hundreds of millions of euros to secure Ukraine's natural gas supply amid the ongoing attacks on its infrastructure by Russia. Ukrainian gas imports have risen a...Reuters
Thu, Nov 13
RPT-BREAKINGVIEWS-The US shutdown will last long after it’s over
By Gabriel Rubin WASHINGTON, Nov 12 (Reuters Breakingviews) - The U.S. government shutdown isn’t over when it’s over. During a now 43-day-long congressional deadlock over spending legislation, thousands of federal workers were forced to go without pay as bills piled up, depressing consumer spendi...Reuters
Thu, Nov 13
RPT-ROI-LNG prices will drop in 2026 to absorb supply surge, but how much?: Russell
Reuters Open Interest (ROI) https://www.reuters.com/commentary/reuters-open-interest/ is your essential source for global financial commentary By Clyde Russell SYDNEY, Nov 13 (Reuters) - The liquefied natural gas market is bracing for a surge in supply next year, largely from top exporter the Uni...Reuters
Thu, Nov 13
India's ReNew to invest $9.33 billion in green energy projects in southern state
NEW DELHI, Nov 13 (Reuters) - India's ReNew Energy Global Plc RNW.O said on Thursday it will invest about 820 billion rupees ($9.33 billion) in the southern state of Andhra Pradesh to expand its clean energy portfolio. The company is signing agreements with the state government for projects span...Reuters
Thu, Nov 13
Russia's oil and fuel export revenues continued to slide in October, IEA says
Russian oil revenues fell to $13.1 billion in OctoberOil and fuel exports dropped by 150,000 bpd to 7.4 million bpdOil output steady at 9.28 mln bpd, slightly below OPEC+ targetUS set November 21 deadline to wind down deals with Rosneft, LukoilThree new entities exported around 1 mln bpd of Russian ...Reuters
Thu, Nov 13
Gold climbs toward $4,250 as shutdown ends, Fed signals temper easing bets
Gold (XAU/USD) extends its advance on Thursday, climbing above the $4,200 psychological barrier and notching a five-day winning streak. The precious metal has now retraced most of its corrective decline from the all-time high near $4,381.
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Thu, Nov 13
Swiss trader MET Group triples 2025 LNG cargoes, eyes global expansion, executive says
By Marwa RashadLONDON, Nov 13 (Reuters) - Switzerland-based energy trader MET Group has almost tripled its liquefied natural gas cargo import volumes so far this year and expects stronger growth in the coming years as it prepares to expand outside Europe to capitalise on growing global demand for LN...Reuters
Thu, Nov 13
CORRECTED-EUROPE GAS-Gas prices edge down on flagging demand
LONDON, Nov 13 (Reuters) - Dutch and British gas prices were slightly down on Thursday, trading in a narrow range amid weak demand on warm weather, which is expected to shift colder over the coming week. The benchmark front-month contract at the Dutch TTF hub TRNLTTFMc1 was down 0.32 euros at 30....Reuters
Thu, Nov 13
PRECIOUS-Gold hits more than 3-week high on US debt concerns, Fed rate cut expectations
Trump signs deal to end US government shutdownPhysical demand for silver and gold remains robust, trader saysSilver nears all-time peak hit on October 17By Anmol Choubey Nov 13 (Reuters) - Gold prices rose on Thursday to a more than three-week high on expectations the U.S. government reopening wo...Reuters
Thu, Nov 13
RPT-ROI-Confident Chevron brushes off oversupply and energy transition fears: Bousso
Chevron makes modest spending cuts of $1 bln per yearUS company plans to grow production by 2% to 3% per yearIt's also investing heavily in exploration, a long-term activityBy Ron Bousso LONDON, Nov 13 (Reuters) - When warnings abound about an imminent collapse in oil prices, one would not ex...Reuters
Thu, Nov 13
GRAINS-Soybeans hit 17-month high as market braces for US data
USDA report on Friday expected to trim U.S. soy, corn yieldsMarket also awaits export data after shutdown endsLack of Chinese demand for U.S. cargoes caps pricesBy Naveen Thukral and Gus Trompiz SINGAPORE/PARIS, Nov 13 (Reuters) - Chicago soybeans rose on Thursday to their highest in nearly 17 mo...Reuters
Thu, Nov 13
EU Parliament backs new 2040 climate target
EU target results from hard-fought compromiseCountries can outsource some emissions cutsTarget falls short of scientists' recommendationsPlan is still more ambitious than many othersBy Kate Abnett BRUSSELS, Nov 13 (Reuters) - The European Parliament on Thursday approved the EU's plan to c...Reuters
Thu, Nov 13
World oil market faces even larger 2026 surplus, IEA says
Raises demand growth forecasts for this year and nextIEA expects global supply to rise by 3.1 mln bpd in 2025Implied surplus to reach 4.09 mln bpd in 2026, up by 120,000 bpd from last monthBy Robert Harvey LONDON, Nov 13 (Reuters) - The global oil market faces an even bigger surplus next year of ...Reuters
Thu, Nov 13
Ukraine says it hits Russian oil facilities in occupied Crimea, Zaporizhzhia region
KYIV, Nov 13 (Reuters) - Ukraine's military said on Thursday that its troops hit a Russian oil terminal in occupied Crimea and also an oil depot in the occupied Zaporizhzhia region. The Ukrainian General Staff said on the Telegram app that Russian oil facilities and other military targets were...Reuters
Thu, Nov 13
EU Parliament backs new 2040 climate target
EU target results from hard-fought compromiseCountries can outsource some emissions cutsTarget falls short of scientists' recommendationsPlan is still more ambitious than many othersBy Kate Abnett BRUSSELS, Nov 13 (Reuters) - The European Parliament on Thursday approved the EU's plan to c...Reuters
Thu, Nov 13
Germany can resume beef exports to Japan, ministry says
BERLIN, Nov 13 (Reuters) - Germany will be able to resume exports of fresh beef to Japan after Tokyo lifted an import ban imposed in January due to a foot-and-mouth disease case, the German agriculture ministry said on Thursday."The Japanese market is particularly important for local exporters d...Reuters
Thu, Nov 13
Top Democrats slam Trump for delaying export curbs on China
Schumer, other Democratic senators criticize Trump for delaying export curbs on ChinaRule delay risks advancing China's tech agenda, Democrats argueSuspension undermines U.S. national security, reopens loopholes, they sayBy Alexandra Alper WASHINGTON, Nov 13 (Reuters) - Top Senate Democrats i...Reuters
Thu, Nov 13
