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Polish court extends custody for Ukrainian wanted in Nord Stream case
WARSAW, Oct 6 (Reuters) - A Polish court ruled on Monday that the Ukrainian diver wanted by Germany over his alleged involvement in explosions which damaged the Nord Stream gas pipeline must remain in custody for another 40 days, his lawyer said.Volodymyr Z. was detained near Warsaw last Tuesday and...Reuters
Mon, Oct 6
PRECIOUS-Gold climbs above key $3,900 level for first time on safe-haven demand
UBS expects bullion to reach $4,200/oz by year-endThere may be some FOMO buying on the current price, analyst saysSilver hits over 14-year highBy Anmol Choubey Oct 6 (Reuters) - Gold prices touched an all-time high on Monday, soaring above the $3,900-per-ounce level, as investors flocked to safe-...Reuters
Mon, Oct 6
Doral Renewables secures power purchase agreement for the cold creek solar project in texas
Oct 6 (Reuters) - Doral Group Renewable Energy Resources Ltd DORL.TA:DORAL RENEWABLES SECURES POWER PURCHASE AGREEMENT FOR THE COLD CREEK SOLAR PROJECT IN TEXASDORAL RENEWABLES LLC: AGREEMENT COVERS 75% OF FACILITY'S ENERGY OUTPUT AND 100% OF THE ASSOCIATED RENEWABLE ENERGY CREDITSReuters
Mon, Oct 6
Ares Management buys stake in EDPR assets in about $2.9 billion deal
Oct 6 (Reuters) - Ares Management ARES.N said on Monday that a fund managed by its Infrastructure Opportunities unit has acquired a 49% stake in a diversified U.S. renewable energy platform from EDP Renovaveis EDPR.LS (EDPR), valuing the business at about $2.9 billion.The deal brings the total capac...Reuters
Mon, Oct 6
Gold Price Forecast: XAU/USD refreshes all-time high near $3,950 on firm Fed rate cut bets
Gold price (XAU/USD) posts a fresh all-time high around $3,950 during the European trading session on Monday. The yellow metal strengthens as traders become increasingly confident that the Federal Reserve (Fed) will cut interest rates by 50 basis points (bps) in the remainder of the year.
Fxstreet
Mon, Oct 6
OPEC+ confirms November production hike of 137kbd – Société Générale
Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman confirmed on Sunday (in a 9-minute meeting with no objections) their intention to collectively increase production by 137kbd in November, Société Générale's FX analysts note.Fxstreet
Mon, Oct 6
Polish court extends custody for Ukrainian wanted in Nord Stream case
WARSAW, Oct 6 (Reuters) - A Polish court decided on Monday that the Ukrainian diver wanted by Berlin over his alleged involvement in explosions which damaged the Nord Stream gas pipeline, must remain in custody for another 40 days.Volodymyr Z. was detained near Warsaw last Tuesday and the court deci...Reuters
Mon, Oct 6
HSBC Maintains Brent Crude Forecast at $65/bbl for Q4 2025 and 2026
Oct 6 (Reuters) - HSBC:SAYS ITS 4Q25 / 2026 BRENT CRUDE ASSUMPTION REMAINS AT $65 PER BARREL, WITH DOWNSIDE RISKS IF INVENTORY INCREASES MATERIALISE IN THE OECDSAYS THEY STRONGLY DISAGREE WITH VIEWS THAT "ONLY SAUDI ARABIA HAS ANY REAL SPARE CAPACITY", AND EXPECT PRODUCTION FROM THE UAE, IRA...Reuters
Mon, Oct 6
Copper hits five-month high as supply disruptions deepen – ING
LME Copper prices extended the upward rally for a fourth straight session this morning, with prices moving above $10,785/t (the highest since May 2024), amid expectations of US interest rate cuts and ongoing supply disruptions, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Mon, Oct 6
Enough Russian oil available in market for Indian refiners, government source says
NEW DELHI, Oct 6 (Reuters) - There is enough supply of Russian oil for Indian refiners in the market as attacks on Russian energy facilities have led to increased availability, a government official told Reuters on Monday.Indian refiners continue to buy Russian oil, said the official, who did not wi...Reuters
Mon, Oct 6
Clearway Energy, Inc. signs binding agreement to acquire solar portfolio
Oct 6 (Reuters) - Clearway Energy Inc CWENa.N:CLEARWAY ENERGY, INC. SIGNS BINDING AGREEMENT TO ACQUIRE SOLAR PORTFOLIOCLEARWAY ENERGY INC - TO BUY 613 MW SOLAR PORTFOLIOCLEARWAY ENERGY INC - EXPECTS $210-230 MILLION TOTAL LONG-TERM CORPORATE CAPITAL INVESTMENT IN SOLAR PORTFOLIOCLEARWAY ENERGY - TO ...Reuters
Mon, Oct 6
Goldman Sachs hikes 2026 copper forecast to $10,500, adjusts aluminium outlook
Oct 6 (Reuters) - Goldman Sachs on Monday hiked its 2026 copper price forecast, expecting the metal to benefit from constrained supply following the Grasberg mine outage, while U.S. rate cuts and dollar weakness will also likely lend support.The bank lifted its 2026 copper forecast to $10,500 per to...Reuters
Mon, Oct 6
Chevron says it continues to respond to El Segundo refinery fire incident
Oct 6 (Reuters) - Chevron CVX.N said on Monday its El Segundo refinery personnel continue to respond to a fire incident that occurred in the refinery on Friday, with the fire now fully extinguished."We will be making operational adjustments to support the continued safe and reliable operation of...Reuters
Mon, Oct 6
UBS Expects Brent Crude To Stay In The $60-70/Bbl Trading Range
Oct 6 (Reuters) - UBS: EXPECTS BRENT CRUDE TO STAY IN THE $60-70/BBL TRADING RANGESAYS OIL DEMAND LIKELY ALREADY PEAKED FOR THE YEAR AND SHOULD GRADUALLY FALL OVER THE COMING MONTHSSAYS WHILE THE OPEC+ PRODUCTION QUOTA INCREASE IS 137,000 BPD FOR NOVEMBER, IT ESTIMATES THE ACTUAL VOLUME ADDITIONS WI...Reuters
Mon, Oct 6
Gold miners Predictive Discovery, Robex to merge in $1.5 billion deal
DAKAR, Oct 6 (Reuters) - Australian miner Predictive Discovery PDI.AX and Canada's Robex Resources RBX.V said they will merge in a A$2.35 billion ($1.55 billion) all-share deal, creating a mid-tier gold producer in West Africa.Under the deal, Robex shareholders will receive 8.667 Predictive sha...Reuters
Mon, Oct 6
