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EXCLUSIVE-Qatar met with energy majors to discuss risks of Israel-Iran war, sources say
DOHA/LONDON June 20 (Reuters) - Qatar held this week crisis talks with energy majors after Israeli strikes on Iran's huge gas field, which it shares with Qatar, an industry source and a diplomat in the region told Reuters.Doha was asking firms to raise U.S., UK and European governments' awar...
Reuters
Fri, Jun 20
Israeli envoy: Geneva talks should demand complete rollback of Iran nuclear programme
GENEVA, June 20 (Reuters) - Israel's ambassador to the United Nations in Geneva Daniel Meron said he expected European foreign ministers to demand a complete rollback of Iran's nuclear programme when they meet their Iranian counterpart later on Friday.
Reuters
Fri, Jun 20
Freeport LNG seeks 40-month extension to complete expansion at Texas export plant
June 20 (Reuters) - Freeport LNG has requested a 40-month extension from federal regulators to complete the long-delayed Train 4 expansion at its Texas export facility, aiming to bring the project online by December 1, 2031, according to a filing. In 2020, the U.S. Federal Energy Regulatory Commissi...
Reuters
Fri, Jun 20
JERA, Woodside Energy agree on supply deal during winter months
TOKYO, June 20 (Reuters) - Japan's biggest power generator, JERA, and Australia's Woodside Energy WDS.AX have signed a deal for Woodside to supply JERA with liquefied natural gas only during the winter months, the companies said on Friday.The Heads of Agreement was signed at the LNG Producer...
Reuters
Fri, Jun 20
Gold edges lower as fears in the Middle East conflict ease
Gold (XAU/USD) is weakening on Friday, trading around $3,355 at the time of writing, as the yellow metal extends its pullback from the weekly high near $3,452 recorded on Monday.
Gold
Fxstreet
Fri, Jun 20
PRESS DIGEST-Canada - June 20
June 20 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Bank of Montreal BMO.TO is buying Burgundy Asset Management in a C$625 million ($455.97 million) deal, the compan...
Reuters
Fri, Jun 20
Premiums for nearby LME copper contracts soar as inventories dwindle
LONDON, June 20 (Reuters) - Premiums for nearby copper contracts on the London Metal Exchange (LME) have jumped to their highest since October 2022 because of low inventories and large holdings of cash contracts and warrants, traders said.Warrants are title documents conferring ownership of metal.Th...
Reuters
Fri, Jun 20
PRECIOUS-Gold poised for worst week in a month as US rate cut expectations ease
Gold down 2.5% so far this weekTrump to decide on US action in Israel-Iran war within two weeksGold likely to extend current consolidation phase, analyst saysBy Anushree Mukherjee June 20 (Reuters) - Gold prices fell on Friday and were poised for their worst weekly performance in more than a mont...
Reuters
Fri, Jun 20
Hurricane Erick insured impacts 'very limited', says BMS' Siffert
By Scott VincentJune 20 - (The Insurer) - Insured losses from Hurricane Erick are likely to be very limited, BMS senior meteorologist Andrew Siffert has said, with the storm's worst impacts largely missing significant metropolitan areas. Erick, the fifth named storm of this year's East Pacif...
Reuters
Fri, Jun 20
UK's Unite says TotalEnergies offshore workers win boost to pay
June 20 (Reuters) - Britain's Unite union on Friday said that offshore platform workers employed by TotalEnergies TTEF.PA had overwhelmingly backed a new pay deal, after workers had earlier balloted for possible strike action."Around 50 Unite members based on the Elgin Franklin and North...
Reuters
Fri, Jun 20
REFILE-EXPLAINER-What are the nuclear contamination risks from Israel's attacks on Iran?
By Andrew MacAskill, Federico Maccioni and Pesha Magid LONDON/DUBAI, June 19 (Reuters) - Israel's strikes on Iran's nuclear installations so far pose only limited risks of contamination, experts say. But they warn that any attack on the country's nuclear power station at Bushehr could...
Reuters
Fri, Jun 20
Central banks expect further Gold purchases in the next 12 months – Commerzbank
"This week, the World Gold Council published its annual survey among central banks on their assessment of Gold reserves and future Gold purchases, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Fri, Jun 20
Fed meeting a non-event for Gold – Commerzbank
The Gold price remained virtually unaffected by the US Federal Reserve's monetary policy decision on Wednesday evening, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold
Fxstreet
Fri, Jun 20
RPT-INSIGHT-'Amber waves of grain' recede in America's heartland as wheat farmers struggle
Windmills, corn and soybeans spring up in former wheat fieldsHistorically, wheat was the best crop from Texas through MontanaDrought-hit yields or low prices make bumper crops unprofitableBy Emily SchmallCOLBY, Kansas, June 19 (Reuters) - On a foggy morning in May, Dennis Schoenhals drove a carload...
Reuters
Fri, Jun 20
US crude oil inventories post largest decline in almost a year – Commerzbank
US crude oil inventories recorded a surprisingly sharp decline of 11.5 million barrels last week, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Jun 20
IEA confirms demand peak at the end of the decade – Commerzbank
The IEA presented its medium-term outlook this week. As in the previous year, it believes that oil demand will peak at the end of the decade, Commerzbank's commodity analyst Barbara Lambrecht notes.
Fxstreet
Fri, Jun 20
Price of Gold could also rise more significantly – Commerzbank
After briefly exceeding $3,400 per troy ounce, the Gold price stabilised just below this level, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
Gold
Fxstreet
Fri, Jun 20
Oil: Under the spell of geopolitics – Commerzbank
The Brent Oil price has risen to a 5-month high of $79 per barrel due to a further escalation of the military conflict between Israel and Iran, which has been ongoing for a week, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Jun 20
UK's Unite says TotalEnergies offshore workers win boost to pay
June 20 (Reuters) - UK's Unite union on Friday said that offshore workers employed by TotalEnergies TTEF.PA had overwhelmingly backed a new pay deal negotiated by Unite."Around 50 Unite members based on the Elgin Franklin and North Alwyn platforms agreed to an enhanced offer which amounts to...
Reuters
Fri, Jun 20
RPT-COLUMN-What late-June sizzle could mean for US corn yields: Braun
By Karen BraunNAPERVILLE, Illinois, June 18 (Reuters) - Although the U.S. Corn Belt is in for a scorching weekend, June weather has been mostly supportive of crop development, with corn health ratings improving for three consecutive weeks.But how much bearing might that have on final corn yields or ...
Reuters
Fri, Jun 20
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