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EUROPE GAS-Prices rise on concerns that possible escalation of Middle East conflict may disrupt supplies
LONDON, June 19 (Reuters) - Dutch and British wholesale gas prices edged higher early on Thursday as concerns that a possible escalation of the Israel-Iran conflict could disrupt supply weighed on the market.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was up 0.05 euro to 39.90...Reuters
Thu, Jun 19
EXCLUSIVE-Russia's Dmitriev says Russia, US and Saudi Arabia could act jointly to stabilise oil markets
By Gleb Bryanski ST PETERSBURG, June 19 (Reuters) - Russia, the United States and Saudi Arabia could act jointly to stabilise oil markets if needed, Russia's investment envoy Kirill Dmitriev told Reuters. Oil prices surged on Thursday after Israel said it attacked Iranian nuclear s...Reuters
Thu, Jun 19
ASIA COFFEE-Domestic prices hit 1-year low in Vietnam on tepid trade, global cues
By Phuong Nguyen and Mas Alina ArifinHANOI, June 19 (Reuters) - Vietnam's domestic coffee prices fell to their lowest since May 2023 on Thursday, pressured by a drop in global prices, rising robusta supplies from other producers, and a complicated global outlook, traders said.Farmers in the Cent...Reuters
Thu, Jun 19
Britain awards floating offshore wind leases to Equinor and Gwynt Glas
By Susanna Twidale LONDON, June 19 (Reuters) - Equinor EQNR.OL and Gwynt Glas have won seabed leases to build floating wind farms in the Celtic Sea off the coast of Wales and South West England, the Crown Estate said on Thursday.The Crown Estate, which acts as manager of the seabed around England...Reuters
Thu, Jun 19
EXCLUSIVE-Chevron seeks buyers for 50% stake in Singapore refinery, sources say
Chevron looking to sell refinery stake amid global restructuring Refinery partner PetroChina has first right of refusal on stake Chevron also gauging interest to sell other Asia assets Stake value estimated in $300 million to $500 million rangeBy Trixie Yap, Yantoultra Ngui and Chen Aizhu SINGAPO...Reuters
Thu, Jun 19
Russia's Dmitriev says Russia, US and Saudi Arabia can stabilise oil markets together
ST PETERSBURG, June 19 (Reuters) - A joint action by Russia, the United States and Saudi Arabia to stabilise oil markets is possible, Russia's investment envoy Kirill Dmitriev told Reuters on the sidelines of an economic forum in St Petersburg.Dmitriev, chief of Russia's sovereign wealth fun...Reuters
Thu, Jun 19
Kremlin says US intervention in Iran-Israel conflict would be 'terrible spiral of escalation' - Ifax
MOSCOW, June 19 (Reuters) - Any intervention by the United States in the Iran-Israel conflict would mark a "terrible spiral of escalation", Interfax news agency quoted Kremlin spokesman Dmitry Peskov as saying on Thursday.Reuters
Thu, Jun 19
METALS-London metals ease on dollar strength; Middle East conflict in focus
By Hongmei Li and Michele Pek SINGAPORE, June 19 (Reuters) - London metals dropped on Thursday as a stronger dollar weighed on prices, with markets focused on developments in the Israel-Iran conflict.The LME's three-month copper CMCU3 was down 0.52% at $9,605 per metric ton, as of 0715 GMT.LM...Reuters
Thu, Jun 19
Silver Price Forecast: XAG/USD tumbles to near $36.30 despite escalating Middle East tensions
Silver price (XAG/USD) is down almost 1% to near $36.25 during European trading hours on Thursday. The white metal faces a sharp selling pressure even though geopolitical tensions in the Middle East region have escalated after the United States (US) signaled that it is preparing to strike Iran.
Fxstreet
Thu, Jun 19
Equinor and Gwynt Glas win UK floating offshore wind leases
By Susanna TwidaleLONDON, June 19 (Reuters) - Equnior EQNR.OL and Gwynt Glas, a joint venture between EDF Renewables UK and ESB, have won seabed leases to build floating wind farms in the Celtic Sea off the coast of Wales and South West England, The Crown Estate said on Thursday.Britain is aiming to...Reuters
Thu, Jun 19
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $73.52 per barrel, up from Wednesday’s close at $72.94.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $75.08 price posted on Wednesday, and trading at $75.51.Fxstreet
Thu, Jun 19
COLUMN-Mideast conflict turbocharges diesel prices, squeezing Europe: Bousso
Global diesel prices gain 15% since Israel-Iran war started, outpacing crude gainsEuropean refining margins rise to 14-month highMideast diesel accounts for 17% of global seaborne exportsBy Ron Bousso LONDON, June 19 (Reuters) - The Israel-Iran conflict has boosted global diesel prices, with gain...Reuters
Thu, Jun 19
UK farm swaps milk for cow cuddles as floods and food prices take their toll
By Marissa Davison ARRAM, England, June 19 (Reuters) - Years of floods and low food prices have driven a dairy farm in England's northeast to stop milking its cows and instead charge visitors to cuddle them.Dumble Farm started as a dairy farm in the 1970s, but in recent years flooding washed ...Reuters
Thu, Jun 19
PRECIOUS-Gold rises on Middle East tension; platinum at 10-year peak
US Fed signals slower easingPalladium up more than 1%By Brijesh Patel and Anmol Choubey June 19 (Reuters) - Gold prices gained on Thursday, as the Iran-Israel conflict entered its seventh day, while platinum rose to a more than 10-year high on expectations of a supply shortfall.Spot gold XAU= was...Reuters
Thu, Jun 19
Erick now an extremely dangerous category 4 hurricane, NHC says
June 19 (Reuters) - Hurricane Erick strengthened into an extremely dangerous Category 4 storm, the U.S. National Hurricane Center (NHC) said, cautioning that further strengthening could occur before landfall.The hurricane was located 90 miles (145 km) southeast of Punta Maldonado Mexico packing maxi...Reuters
Thu, Jun 19
VEGOILS-Palm flat as strong Dalian oils counter weak demand
KUALA LUMPUR, June 19 (Reuters) - Malaysian palm oil futures were largely flat on Thursday as support from stronger rival Dalian oils countered weak demand from key markets including India. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange fell ...Reuters
Thu, Jun 19
Silver Price Forecast: XAG/USD flat lines around $36.75 area; bullish potential seems intact
Silver (XAG/USD) oscillates in a narrow range around the $36.75 area during the Asian session on Thursday and for now, seems to have stalled the previous day's modest pullback from its highest level since February 2012.Fxstreet
Thu, Jun 19
VEGOILS-Palm rangebound as strong Dalian counters weak crude oil
KUALA LUMPUR, June 19 (Reuters) - Malaysian palm oil futures traded in a tight range on Thursday as support from stronger rival Dalian oils countered weaker crude oil prices. The benchmark palm oil contract FCPOc3 for September delivery on the Bursa Malaysia Derivatives Exchange gained 2 ringgit, or...Reuters
Thu, Jun 19
