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PREVIEW-Chevron investor day puts spotlight on post-Hess strategy
Chevron to provide guidance through end of this decadeOil firm has opportunities for growth after HessInvestors eye updates on Kazakhstan talks and new power ventures By Sheila Dang HOUSTON, Nov 10 (Reuters) - When Chevron CVX.N executives and top shareholders convene in New York City on Wednesda...Reuters
Mon, Nov 10
Gold Price Forecast: XAU/USD jumps to near $4,080 as Fed rate cut in December looks likely
Gold price (XAU/USD) trades 2% higher to near $4,080 during the European trading session on Monday. The yellow metal strengthens amid steady expectations that the Federal Reserve (Fed) will cut interest rates again in the December policy meeting.
Fxstreet
Mon, Nov 10
Bulgaria steps up security at Lukoil refinery ahead of planned state takeover
SOFIA, Nov 10 (Reuters) - Bulgarian authorities are conducting inspections and implementing security measures at Russian oil major Lukoil's Burgas oil refinery to preserve critical infrastructure, Prime Minister Rosen Zhelyazkov said on Monday, as the government prepares to seize control of ...Reuters
Mon, Nov 10
Shell exits two wind projects off the UK coast after strategic review
LONDON, Nov 10 (Reuters) - Shell SHEL.L has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday. Shell sold its 50% interest in MarramWind to ScottishPower Renewables and returned the CampionWind lease to Crown Estate Scot...Reuters
Mon, Nov 10
Silver extends rally to three-week high near $50 on Fed rate cut hopes
Silver (XAG/USD) continues its advance at the start of the week, trading around $49.85 per ounce on Monday at the time of writing, up 3.0% for the day and marking its highest level in three weeks at $50.00 earlier in the day.
Fxstreet
Mon, Nov 10
Italian SMR firm Newcleo looking to build 20 reactors in US
PARIS, Nov 10 (Reuters) - Italian small modular reactor startup Newcleo is considering developing 20 reactors worth an estimated 16 billion euros ($19 billion) in the United States, not in Britain as previously planned, as recent policy changes opened opportunity for investment, CEO Stefano Buono to...Reuters
Mon, Nov 10
ROI-Trump’s oil price sweet spot is ‘no man’s land’ for everyone else: Bousso
Oil prices have held in a $60 to $70 range for monthsTrump triggered Russia sanctions when prices were at lower endBut this range could extend an oversupply for longerBy Ron Bousso LONDON, Nov 10 (Reuters) - Oil prices have oscillated in a relatively narrow range of $60 to $70 a barrel in recent ...Reuters
Mon, Nov 10
Japan's Marubeni to invest in Australian critical minerals project
Marubeni to contribute A$15 million to RZ mineral sands projectJapan's JX Advance Metals struck similar deal in JuneJapan, Western allies seeking alternatives to Chinese mineralsBy Yuka Obayashi TOKYO, Nov 10 (Reuters) - Japan's Marubeni Corp 8002.T will invest in a mineral sands project ...Reuters
Mon, Nov 10
Caledonia Mining Q3 revenue up 52% on higher gold prices
OverviewCaledonia Q3 revenue rises 52% yr/yr, driven by higher gold prices and increased salesProfit after tax for Q3 increases 467% compared to same quarter last yearCompany announces quarterly dividend of 14 cents per share, payable December 5, 2025OutlookCaledonia maintains 2025 gold production g...Reuters
Mon, Nov 10
Trump administration cannot withhold $4 billion for food aid, US appeals court rules
BOSTON, Nov 10 (Reuters) - A federal appeals court late on Sunday allowed a judge's order to stand that directs U.S. President Donald Trump's administration to fully fund this month's food aid benefits for 42 million low-income Americans during the ongoing U.S. government shutdown.The Bo...Reuters
Mon, Nov 10
At China's largest import expo, US exhibitors hopeful worst of trade war is over
US exhibitors at import expo optimistic after Xi-Trump meetingSoybean and sorghum shipments to China seen as positiveAnalysts warn trade detente may be fragileChina's trade surplus set to exceed last year's roughly $1 trillionBy Casey Hall SHANGHAI, Nov 10 (Reuters) - U.S. exporters of ag...Reuters
Mon, Nov 10
Indigenous leaders join COP30 climate summit as it opens with unclear outcome ahead
COP30 faces unclear agenda amid global political tensionsBrazil presidency praises China green tech solutions as U.S. exits Paris AgreementIndigenous leaders demand more say in forest managementBy Valerie Volcovici and Katy Daigle BELEM, Brazil, Nov 10 (Reuters) - As COP30 opens on Monday for the...Reuters
Mon, Nov 10
China adjusts management of drug-related precursor chemicals
BEIJING, Nov 10 (Reuters) - China will make adjustments to the catalogue of drug-related precursor chemicals and will require licenses for export of certain chemicals to the United States, Canada and Mexico, the country's Commerce Ministry said on Monday.Reuters
Mon, Nov 10
India's HPCL, MRPL buy 5 million barrels of US, Mideast oil, sources say
SINGAPORE/NEW DELHI, Nov 10 (Reuters) - Two Indian state refiners have purchased 5 million barrels of crude oil from spot markets via tenders as they continue to scout for alternatives to Russian supplies, trade sources said.Hindustan Petroleum Corp HPCL.NS has bought 2 million barrels each of U.S. ...Reuters
Mon, Nov 10
Asia Crude Oil Tenders Summary-HPCL, MRPL buy 5 million barrels of U.S., Mideast oil
For tenders on oil products please click:Naphtha......NAP/TENDA Gasoline...MOG/TENDAJet/Diesel...MDIS/TENDA Fuel Oil...FUEL/TENDAOUTSTANDING ASIA/MIDEAST CRUDE OIL TENDERS: (b = buys / s = sells)tender award, tender issue, *further updatesCOUNTRY/COMPANYGRADEVOLUMECLOSE (VALID)LOADING ...Reuters
Mon, Nov 10
India's HPCL, MRPL buy 5 million barrels U.S., Mideast oil, sources say
NEW DELHI, Nov 10 (Reuters) - Two Indian state refiners have purchased 5 million barrels of crude oil from spot markets via tenders as they continue to scout for alternatives to Russian supplies, trade sources said.Hindustan Petroleum Corp HPCL.NS has bought 2 million barrels each of U.S. West Texas...Reuters
Mon, Nov 10
ROI-Ten charts on global energy and emissions trends since Paris treaty: Maguire
By Gavin Maguire LITTLETON, Colorado, Nov 10 (Reuters) - In the decade since the landmark COP21 Paris agreement aimed to limit global warming, both a lot and a little has changed when it comes to the energy sector makeup and the trajectory of emissions.On the one hand, an explosion in renewable e...Reuters
Mon, Nov 10
TECHNICALS-CBOT soybeans may end bounce around $11.05-1/4
For more technical analyses, please click SINGAPORE, Nov 10 (Reuters) - The CBOT soybean January contract SF26 may end its bounce around $11.05-1/4 per bushel - the peak of a wave b, and resume its drop thereafter.A double-top seems to have formed around resistance at $11.35-3/4, even though it has ...Reuters
Mon, Nov 10
PRESS DIGEST-New York Times business news - November 10
Nov 10 (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.- BBC's Tim Davie and Deborah Turness resigned after a report suggested the network misleadingly edited U.S. President Trump'...Reuters
Mon, Nov 10
