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Iraq orders halt to imports of gasoline, gas oil and kerosene, state news agency says
BAGHDAD, Nov 4 (Reuters) - Iraqi Prime Minister Mohammed Shia al-Sudani ordered a halt to imports of gasoline, gas oil, and kerosene due to "the country’s achievement of self-sufficiency", the state news agency reported on Tuesday."The Ministry of Oil has achieved self-sufficiency throug...Reuters
Tue, Nov 4
Putin orders cabinet to draw up plans for rare earths extraction
MOSCOW, Nov 4 (Reuters) - Russian President Vladimir Putin on Tuesday ordered the Russian cabinet to draw up by December 1 a road map for the extraction of rare earth minerals which are used in smartphones, electric vehicles and weapons systems.In a list of tasks for ministers published on the Kreml...Reuters
Tue, Nov 4
EXCLUSIVE-Pakistan cancels Eni LNG cargoes, seeks to renegotiate Qatar supplies
Pakistan to cut 21 Eni LNG cargoes for 2026-27, document/sourcesCuts follow request from gas distributor amid surplus supplyShift to solar cuts gas demand, forcing supply reductionPakistan in talks to renegotiate supplies from Qatar - sources By Ariba Shahid KARACHI, Nov 4 (Reuters) - Pakistan ha...Reuters
Tue, Nov 4
Libya considers raising oil output to 1.6 million bpd next year
ABU DHABI, Nov 4 (Reuters) - Libya is considering raising its oil output to 1.6 million barrels per day next year, and 1.8 million bpd in 2027, the country's oil minister, Khalifa Abdulsadek, said on Tuesday. "We have a mission to increase oil output to 2 million bpd in the next 5 years,"...Reuters
Tue, Nov 4
Nigeria's Tuggar to Trump: state-backed religious persecution impossible under constitution
BERLIN, Nov 4 (Reuters) - Nigerian Foreign Minister Yusuf Tuggar said on Tuesday that state involvement in religious persecution was "impossible" in Nigeria under the country's laws and constitution.Speaking in Berlin alongside his German counterpart Johann Wadephul, Tuggar pointed to h...Reuters
Tue, Nov 4
Iraq orders halt on imports of gasoline and kerosene, state news agency says
BAGHDAD, Nov 4 (Reuters) - Iraqi Prime Minister Mohammed Shia al-Sudani ordered a halt on imports of gasoline and kerosene due to "the country’s achievement of self-sufficiency", state news agency reported on Tuesday.Reuters
Tue, Nov 4
PRECIOUS-Gold cuts losses as dollar rally pauses, US data in focus
US ADP employment report due on WednesdayBenchmark U.S. 10-year yields slip from 3-week highPalladium down nearly 2%By Brijesh Patel Nov 4 (Reuters) - Gold prices trimmed losses on Tuesday, helped by a pause in the dollar's rally and lower Treasury yields, while investors waited for U.S. econ...Reuters
Tue, Nov 4
Marubeni to follow government guidance on Sakhalin-1 as US sanctions Rosneft
Russian state-owned Rosneft is a Sakhalin-1 shareholderUS sanctioned Rosneft, Lukoil last monthMarubeni co-owns SODECO, a Sakhalin-1 shareholderMarubeni's 6-month profit up on strong performance in financial, food businesses By Yuka Obayashi and Katya Golubkova TOKYO, Nov 4 (Reuters) - Marube...Reuters
Tue, Nov 4
Egypt launches Red Sea oil and gas bidding round covering four blocks
DUBAI, Nov 4 (Reuters) - Egypt issued an international bidding round for oil and gas exploration in four Red Sea areas, RS-Block 1, RS-Block 2, RS-Block 3, and RS-Block 4, the petroleum ministry said on Tuesday.The ministry added that the bidding will close on May 3, 2026.Reuters
Tue, Nov 4
Libya considers raising oil output to 1.6 mln bpd next year, oil minister says
ABU DHABI, Nov 4 (Reuters) - Libya is considering raising its oil output to 1.6 million barrels per day next year, and 1.8 million bpd in 2027, the country's Oil Minister Khalifa Abdulsadek said on Tuesday. "We have a mission to increase oil output to 2 million bpd in the next 5 years", ...Reuters
Tue, Nov 4
Nigeria's NNPC improving transparency ahead of IPO, CEO says
ABU DHABI, Nov 4 (Reuters) - Nigeria's state-owned oil firm NNPC has been improving transparency about its performance in preparation for a long-awaited initial public offering, its CEO said on Tuesday. Nigeria's oil law required NNPC to list within six months after the law was passed in 202...Reuters
Tue, Nov 4
TABLE-North Sea gas maintenance schedule: adds Aldbrough outage
Nov 4 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAGE...Reuters
Tue, Nov 4
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $60.61 per barrel, down from Monday’s close at $60.90.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.50 after its previous daily close at $64.81.
Fxstreet
Tue, Nov 4
PREVIEW-Investment plan, chocolate consumption in focus for chocolatier Barry Callebaut's results
Investment plans, chocolate consumption in focusVolumes expected to fall in Q4 and full year 2024/25Shares have fallen in 2025By Paolo Laudani Nov 4 (Reuters) - Investors and analysts will be looking for an update on Barry Callebaut's BARN.S investment plan and for any insight on chocolate co...Reuters
Tue, Nov 4
PRECIOUS-Gold holds under $4,000 on dollar resilience, Fed rate outlook
US dollar at over three-month highFed officials continue pressing competing views on rate cutsUS ADP employment report due on WednesdayBy Ishaan Arora Nov 4 (Reuters) - Gold traded below the $4,000-per-ounce mark again on Tuesday as the dollar remained resilient at over three-month highs, while r...Reuters
Tue, Nov 4
Nigeria's NNPC CEO says IPO is not an option
ABU DHABI, Nov 4 (Reuters) - Nigerian state-owned oil firm NNPC CEO Bayo Ojulari said on Tuesday that an IPO is not an option for the company.Speaking at the ADIPEC energy conference in Abu Dhabi, Ojulari added the company is working towards increasing its stake in Dangote refinery to 20%.Reuters
Tue, Nov 4
ROI-Asia LNG imports slip on weak China, but Europe gain compensates: Russell
Reuters Open Interest (ROI) is your essential source for global financial commentary. By Clyde RussellLAUNCESTON, Australia, Nov 4 (Reuters) - Asia's imports of liquefied natural gas (LNG) fell in October from the same month a year earlier, as top buyer China extended a run of weakness that has ...Reuters
Tue, Nov 4
PRESS DIGEST -Wall Street Journal - November 4
Nov 4 (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.- Starbucks SBUX.O is selling a majority stake in its China retail operations to Boyu Capital, retaining 40%.- Denny's DENN.O will be taken...Reuters
Tue, Nov 4
PRESS DIGEST- New York Times business news - November 4
Nov 4 (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.- OpenAI said on Monday that it had agreed to purchase $38 billion in cloud computing services from Amazon AMZN.O over the next seven...Reuters
Tue, Nov 4
EU in last-minute talks to set new climate goal for COP30
EU ministers meet to try to pass new climate targetBloc's credibility at risk ahead of COP30 climate talksCountries struggling to reconcile green agenda and industryDeal will require compromise on foreign carbon creditsBy Kate Abnett BRUSSELS, Nov 4 (Reuters) - EU climate ministers will make ...Reuters
Tue, Nov 4
