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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
Gold nears $3,950/oz – ING
Gold prices hit another record high this morning, with spot Gold breaking above $3,945/oz for the first time, as the prolonged US shutdown fuelled investors’ demand for safe-haven assets, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold
Fxstreet
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
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver
Fxstreet
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
Oil rises on OPEC’s modest output hike – ING
ICE Brent was trading above $65/bbl while NYMEX WTI was seen approaching $62/bbl this morning, amid a modest OPEC+ production increase for November and higher geopolitical risks.
Fxstreet
Mon, Oct 6
Kenya to set up sovereign wealth and infrastructure funds, president says
NAIROBI, Oct 6 (Reuters) - Kenya is setting up a sovereign wealth fund and an infrastructure fund, President William Ruto said, to invest in key sectors without repeating a debt binge that has strained public finances in recent years. The East African nation has one of the highest debt repayments to...
Reuters
Mon, Oct 6
Chevron Reports Emergency Flaring At El Segundo, California Refinery
Oct 6 (Reuters) - Chevron Corp CVX.N:REPORTS EMERGENCY FLARING AT EL SEGUNDO, CALIFORNIA REFINERY SOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGCAPACITY: 285,000-BARREL-PER-DAY
Reuters
Mon, Oct 6
Tanker loads cargo from Russia's Arctic LNG 2
SINGAPORE, Oct 6 (Reuters) - A liquefied natural gas tanker loaded a cargo from Russia's Arctic LNG 2 project over the weekend, according to data from LSEG and analytics firm Kpler, as it continues output despite Western sanctions over Moscow's war in Ukraine.The Zarya tanker arrived at Arct...
Reuters
Mon, Oct 6
Copper slips from more than 16-month peak as dollar firms
Reuters - Copper prices fell on Monday after touching a more than 16-month high earlier in the session, as a stronger dollar offset support from concerns over supply from top producer Chile and major supplier Indonesia.
Reuters
Mon, Oct 6
Congo to permanently ban cobalt exporters that breach quotas, says President Tshisekedi
By Ange Kasongo Kinshasa, Oct 6 (Reuters) - The Democratic Republic of Congo will permanently ban cobalt exporters that violate its new quota system, President Felix Tshisekedi has warned, as the world's top producer tightens controls to curb fraud and stabilize prices.Congo, which accounts f...
Reuters
Mon, Oct 6
WTI holds gains around $61.50 due to smaller output hike by OPEC+
West Texas Intermediate (WTI) Oil price is extending its gains, trading around $61.60 per barrel during the early European hours on Monday.
WTI
Fxstreet
Mon, Oct 6
Heavy rains trigger floods, landslides killing 18 in India's Darjeeling
Oct 6 (Reuters) - Floods and landslides unleashed by unrelenting rain in India's eastern hill region of Darjeeling killed at least 18 people, after washing away homes, roads and bridges, authorities said, while the death toll in neighbouring Nepal rose to 50.Several people were still missing on ...
Reuters
Mon, Oct 6
PRECIOUS-Gold sails past $3,900/oz for first time on safe-haven bids
Gold hits all-time high of $3,944.63/ozYen sinks as Takaichi win spurs bets of fiscal easingFed's Miran wants aggressive rate cutsBy Brijesh Patel Oct 6 (Reuters) - Gold surged past the $3,900-an-ounce level for the first time on Monday, driven by safe-haven demand following a fall in the yen...
Reuters
Mon, Oct 6
China uses a hidden funding conduit to pay Iran for oil, bypassing US sanctions - WSJ
-- Source link: https://tinyurl.com/2ab6lhac-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Mon, Oct 6
Still no external power at Russian-controlled Zaporizhzhia nuclear plant but situation is safe, RIA reports
MOSCOW, Oct 6 (Reuters) - It's still not possible to connect the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine to an external power source due to a tense situation but things are under control, the RIA state news agency said on Monday.RIA cited the plant's Russian-c...
Reuters
Mon, Oct 6
PRESS DIGEST- Wall Street Journal - October 6
Oct 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- OPEC+ agreed to raise oil output by 137,000 barrels per day in November, matching October's increase, as the Saudi-led group seeks to max...
Reuters
Mon, Oct 6
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