News
Important Only
UK's Centrica set to take 15% stake in Sizewell C nuclear project, FT reports
June 27 (Reuters) - British Gas owner Centrica CNA.L is set to take a 15% stake in the planned Sizewell C nuclear plant in southeast England, the Financial Times newspaper reported on Friday, citing people familiar with the discussions.If confirmed, the move will please the UK government, which is k...Reuters
Fri, Jun 27
Jera Chairman - Out Of Our Existing Long-Term LNG Contracts, 4 Million Tons Will Expire By 2030 And Another 16 Million Tons In The 2030S
June 27 (Reuters) - Tokyo Electric Power Company Holdings Inc 9501.T:JERA CHAIRMAN : STILL CLOSELY EXAMINING DETAILS, INCLUDING COST FACTORS, ON ALASKA LNG PROJECTJERA CHAIRMAN : ALASKA LNG CONCEPT IS GENERALLY GOOD GIVEN ITS PROXIMITY AND AVOIDANCE OF GEOPOLITICAL CHOKE POINTSJERA CHAIRMAN : OUT O...Reuters
Fri, Jun 27
PRECIOUS-Gold set for second weekly loss; US inflation data in focus
Gold heads for a second weekly lossUS PCE data due at 1230 GMTPlatinum hits a near 11-year highBy Anushree Mukherjee June 27 (Reuters) - Gold declined on Friday and was headed for a second straight weekly loss, as the Israel-Iran ceasefire deal and progress on a U.S.-China trade agreement dampene...Reuters
Fri, Jun 27
China's copper smelters win better-than-expected $0 processing fee from Antofagasta, sources say
Smelter losses could lead to production cuts, market participants sayCopper concentrate deficit at 1.1 mln t in 2025, 2.6 mln t in 2026, BMI forecastsChina's 2025 refined copper output to grow by 12% y/y, Mysteel saysBy Lewis Jackson, Amy Lv and Hongmei Li BEIJING/SINGAPORE, June 27 (Reuters)...Reuters
Fri, Jun 27
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 $65.12 per barrel, up from Thursday’s close at $64.75.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $66.66 price posted on Thursday, and trading at $67.06.Fxstreet
Fri, Jun 27
Sanctioned LNG vessel berths at Russia's Arctic LNG 2, data shows
SINGAPORE, June 27 (Reuters) - A liquefied natural gas (LNG) vessel called Iris that has been sanctioned by the U.S. berthed at Russia's Arctic LNG 2 plant on Thursday, shiptracking data from LSEG and Kpler showed. If the vessel picks up gas, it would mark the ninth LNG cargo to be offloaded fro...Reuters
Fri, Jun 27
PRESS DIGEST-British Business - June 27
June 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Norwegian software company Visma has provisionally chosen London over Amsterdam for its initial public offering ...Reuters
Fri, Jun 27
METALS-Copper prices poised for weekly gain on weaker dollar, tariff concerns
By Hongmei Li SINGAPORE, June 27 (Reuters) - London and Shanghai copper prices were poised to log weekly gains on Friday, underpinned by a weaker U.S. dollar and persistent concerns over possible U.S. tariffs on copper imports.The London Metal Exchange (LME) three-month copper CMCU3 ticked down 0...Reuters
Fri, Jun 27
TECHNICALS-CBOT soybeans may test resistance of $10.22
For more technical analyses, please click SINGAPORE, June 27 (Reuters) - The CBOT soybean November contract SX25 may test resistance of $10.22 per bushel, a break above which could lead to a gain to $10.27-1/4.A wave 5 from $10.49-3/4 might be ending around support of $10.13-1/4. The hourly MACD for...Reuters
Fri, Jun 27
US will not complete oil deliveries into its reserve until year-end
By Timothy Gardner and Shariq Khan WASHINGTON, June 26 (Reuters) - The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, as much as seven months behind schedule, the Department of Energy said on Thursday. Fo...Reuters
Fri, Jun 27
US will not complete oil deliveries into its reserve until year-end
WASHINGTON, June 26 (Reuters) - The U.S. will not complete scheduled deliveries of crude oil into the Strategic Petroleum Reserve until the end of the year due to maintenance, around six months behind schedule, according to the Department of Energy. Former President Joe Biden's administration sc...Reuters
Fri, Jun 27
WTI rises to near $75.00 as US crude inventories fell on higher demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.00 during the Asian trading hours on Thursday. The WTI price edges higher as crude Oil Inventories fell more than expected. However, easing tensions in the Middle East might cap the upside for the WTI price.Fxstreet
Fri, Jun 27
Oil set for weekly loss on fading Mideast supply risks
By Nicole Jao June 27 (Reuters) - Oil was set to fall this week with the Iran-Israel ceasefire holding and easing concerns over Middle East supply risks, although prices rose on Friday as the summer driving season ramped up fuel demand in the United States. Brent crude futures LCOc1 rose 34 cents...Reuters
Fri, Jun 27
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 27 (Reuters) - Contract Target Support/Resistance Brent oil $68.41/$68.94/$69.70sup $67.71/$66.94Palm oil (3rd month)4,017/4,049 ringgitsup 3,978/3,938 ringgitWTI* $66.52/$67.13sup $65.23/$64.52/$63.76Spot gold$3,294res $3,335/$3,348/$3,...Reuters
Fri, Jun 27
PRECIOUS-Gold heads for second weekly loss, investors eye US inflation data
June 27 (Reuters) - Gold prices fell on Friday, poised for a second consecutive weekly loss as a slight uptick in the dollar pressured bullion while markets awaited U.S. inflation data for signals on Federal Reserve rate policy. FUNDAMENTALS* Spot gold XAU= was down 0.4% at $3,314.27 ...Reuters
Fri, Jun 27
