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World oil and gas demand could grow until 2050, IEA says
IEA's current policies scenario shows no oil demand peak before 2050LNG supply to grow 50% by 2030US has criticized the IEA for clean energy focusIEA says target to limit temperature rise at 1.5C out of reachBy Susanna Twidale LONDON, Nov 12 (Reuters) - Global oil and gas demand could grow un...Reuters
Wed, Nov 12
Russian oil output rises in October, OPEC data shows
MOSCOW, Nov 12 (Reuters) - Russian oil production rose in October to 9.382 million barrels per day, up 47,000 bpd from September, as the world's leading oil producing countries continued to ramp up production, OPEC monthly data showed on Wednesday.That is below 9.481 million bpd of Russia's ...Reuters
Wed, Nov 12
OPEC sees balanced oil market in 2026, moves further away from deficit projection
By Alex Lawler LONDON, Nov 12 (Reuters) - World oil supply is expected to match demand next year in a reflection of the wider OPEC+ group's production increases, an OPEC report showed on Wednesday, marking a further shift from its earlier projections of a supply deficit in 2026.OPEC+, which g...Reuters
Wed, Nov 12
PRECIOUS-Gold steady ahead of US House vote on government reopening
Gold prices stabilizing before further gains, analyst says US House due to vote on Wednesday on government shutdownJP Morgan sees gold breaching $5,000/oz by 4Q 2026By Anmol Choubey Nov 12 (Reuters) - Gold prices were steady on Wednesday as investors awaited a U.S. House of Representatives vote o...Reuters
Wed, Nov 12
LBMA To Move Precious Metal Benchmark Price Tables To Members' Portal
Nov 12 (Reuters) - LONDON BULLION MARKET ASSOCIATION (LBMA):SAYS MOVING PRECIOUS METAL BENCHMARK PRICE TABLES FROM ITS PUBLIC WEBSITE TO ITS MEMBERS' PORTAL FROM WEEK COMMENCING 24 NOVEMBERSAYS DAILY PRICES AND GRAPHS PAGES WILL REMAIN UNCHANGEDReuters
Wed, Nov 12
Gold consolidates near three-week high as traders await US House funding vote
Gold (XAU/USD) trades little changed on Wednesday, consolidating gains near a three-week high as investors adopt a wait-and-see approach ahead of a crucial US congressional vote to end the record-long government shutdown.
Fxstreet
Wed, Nov 12
Kremlin says Putin will inform Kazakhstan's Tokayev about missile tests, RIA reports
MOSCOW, Nov 12 (Reuters) - Russian President Vladimir Putin will inform President Kassym-Jomart Tokayev about tests of Russia's Burevestnik and Poseidon missiles should the Kazakh leader be interested, Kremlin spokesman Dmitry Peskov said on Wednesday, according to state news agency RIA.Reuters
Wed, Nov 12
GRAINS-Soybeans firm ahead of USDA data; weak China demand caps gains
BEIJING/PARIS, Nov 12 (Reuters) - Chicago soybeans rose on Wednesday as traders adjusted positions ahead of the release of official U.S. data on global supply and demand on Friday, the first update in weeks, but prices were capped by a lack of large Chinese purchases.The most-active soybean contract...Reuters
Wed, Nov 12
Enlight Renewable Energy raises 2025 revenue forecast
OverviewEnlight Q3 revenue rises 46% yr/yr to $165 mln, reflecting strong growthNet income for Q3 increases 33% yr/yr to $32 mlnCompany raises 2025 revenue guidance to $555-565 mln, adjusted EBITDA to $405-415 mlnOutlookEnlight raises 2025 revenue guidance to $555-565 mln from $520-535 mlnAdjusted E...Reuters
Wed, Nov 12
EU countries ready to negotiate UK carbon market link
By Kate Abnett BRUSSELS, Nov 12 (Reuters) - European Union countries have agreed to start talks with the UK to link the two sides' carbon markets, a spokesperson for Denmark's EU presidency said on Wednesday, in a move billed as part of a reset in relations following Britain's exit fr...Reuters
Wed, Nov 12
RPT-ROI-IEA’s bullish oil outlook is a nod to Trump, wake-up call for world: Bousso
IEA introduces new scenario showing oil demand growing into 2050Move follows pressure from Trump administration on energy watchdogNew scenario however points to dangerous increase in global temperaturesBy Ron Bousso LONDON, Nov 12 (Reuters) - The International Energy Agency’s latest outlook signa...Reuters
Wed, Nov 12
Silver supported by Fed rate-cut expectations, US economic concerns
Silver (XAG/USD) trades around $51.70 on Wednesday at the time of writing, up 1.00% on the day, extending its recent winning streak. The grey metal benefits from growing speculation that the Federal Reserve (Fed) will cut interest rates again in December.
Fxstreet
Wed, Nov 12
PRECIOUS-Gold steady ahead of US House vote on government reopening
Gold prices stabilizing before further gains, analyst says US House due to vote on Wednesday on government shutdownJP Morgan sees gold breaching $5,000/oz by 4Q 2026By Anmol Choubey Nov 12 (Reuters) - Gold prices were steady on Wednesday as investors awaited a U.S. House of Representatives vote o...Reuters
Wed, Nov 12
China receives 14th cargo from sanctioned Arctic LNG 2 project
SINGAPORE, Nov 12 (Reuters) - China has received a 14th cargo of liquefied natural gas from Russia's Arctic LNG 2, LSEG and Kpler data showed, despite U.S. and EU sanctions imposed on the project over Moscow's war in Ukraine.The most recent tanker to deliver LNG from the project to China was...Reuters
Wed, Nov 12
Chevron targets 10% annual cash flow growth through 2030, higher cost cutting
Chevron 2030 plan underscores efficiency driveOil and gas production to grow 2%-3% annuallyChevron to reduce capex, increase cost-reduction target By Sheila Dang HOUSTON, Nov 12 (Reuters) - Chevron CVX.N said on Wednesday that it plans to grow free cash flow by more than 10% annually through 2030...Reuters
Wed, Nov 12
Indonesia tests footwear returned from United States on Caesium-137 contamination fears
JAKARTA, Nov 12 (Reuters) - Indonesia is conducting further tests on footwear products returned from the United States following claims they had been contaminated with radioactive Caesium-137, a special government task force responsible for handling the issue said on Wednesday."We received infor...Reuters
Wed, Nov 12
RWE ready for 3 GW of new Germany gas plant projects, CFO says
FRANKFURT, Nov 12 (Reuters) - Germany's RWE RWEG.DE is preparing to build new gas-burning power plants in Germany where the government is finalising auction details for new capacity to secure energy supply, chief financial officer Michael Mueller said on Wednesday. "We can envisage a total o...Reuters
Wed, Nov 12
Bayer expects more hits to 2025 earnings from lawsuits, buyouts
Litigation costs seen impacting 2025 reported earningsCEO has said aims to resolve most glyphosate cases by 2026Bayer has cut 13,500 jobs to speed up decision makingBy Ludwig Burger FRANKFURT, Nov 12 (Reuters) - Germany's Bayer BAYGn.DE said on Wednesday it expected higher one-off costs this ...Reuters
Wed, Nov 12
