News
Important Only
EXCLUSIVE-ExxonMobil warns EU law could force exit from Europe
ExxonMobil CEO warns EU law could force exit from EuropeEU law demands climate plan aligned with Paris Agreement, Woods saysQatar threatens again to halt LNG supply to Europe over sustainability lawBy Maha El Dahan ABU DHABI, Nov 3 (Reuters) - U.S. energy giant ExxonMobil will not be ab...Reuters
Mon, Nov 3
Resource disputes between investors and states hit 10-year high
By Libby George LONDON, Nov 3 (Reuters) - Disagreements between governments and investors over resources are at a 10-year high, law firm DLA Piper said, driven by resource nationalism and growing competition between the U.S. and China for critical minerals.This reflects the scramble for minerals ...Reuters
Mon, Nov 3
PRECIOUS-Gold rises as dollar eases, but Fed outlook, trade optimism limit gains
Traders see 71% chance of US rate cut in Dec - CME FedWatch ToolADP employment data due on WednesdayBy Ishaan Arora Nov 3 (Reuters) - Gold prices edged higher on Monday as the dollar held just below three-month highs touched last week, although reduced expectations for further Federal Reserve rat...Reuters
Mon, Nov 3
PRESS DIGEST- New York Times business news - November 3
Nov 3 (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.- Dr. George Tidmarsh, the head of the U.S. Food and Drug Administration’s drug division, resigned on Sunday amid an investigation in...Reuters
Mon, Nov 3
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $61.24 per barrel, up from Friday’s close at $60.70.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $64.58.
Fxstreet
Mon, Nov 3
ROI-Big Oil gets big boost from escalating economic war on Russia: Bousso
Oil majors’ refining earnings rise sharply in Q3Russian fuel exports drop after months of attacks on its refineriesUS, European sanctions offer further boost to oil majorsBy Ron Bousso LONDON, Nov 3 (Reuters) - Top Western oil companies are enjoying a windfall from the expanding attacks on Russia...Reuters
Mon, Nov 3
EXCLUSIVE-ExxonMobil warns EU law could drive exit from Europe
ExxonMobil CEO warns EU law could force exit from EuropeEnergy producers urge EU to amend sustainability lawExxonMobil negotiating Iraq oilfield development termsBy Maha El Dahan ABU DHABI, Nov 3 (Reuters) - U.S. energy giant ExxonMobil will not be able to continue doing business in the Europ...Reuters
Mon, Nov 3
ConocoPhillips begins natural gas drilling campaign offshore eastern Australia
By Helen Clark PERTH, Australia, Nov 3 (Reuters) - U.S. independent ConocoPhillips COP.N began drilling its first exploration well as part of larger campaign searching for natural gas offshore eastern Australia, 3D Energi TDO.AX, its junior partner in the project, said on Monday.Work began over t...Reuters
Mon, Nov 3
Qatar will not be delivering LNG to Europe, if sustainability law is not watered down
ABU DHABI, Nov 3 (Reuters) - Qatar will not be delivering liquefied natural gas to Europe, if the EU does not look at how to water down sustainability law or cancel it, Qatar's Energy Minister Saad al-Kaabi said on Monday on a panel at the ADIPEC energy conference in Abu Dhabi.Reuters
Mon, Nov 3
TABLE-North Sea gas maintenance schedule: removes past outages
Nov 3 (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
Mon, Nov 3
US launches global club for trading critical minerals, Interior Secretary Doug Burgum says
ABU DHABI, Nov 3 (Reuters) - U.S. Interior Secretary Doug Burgum said on Monday that Washington created a club for nations to be able to trade across refining and processing critical minerals.Burgum, addressing ADIPEC energy conference, also said that the U.S. is committed to having enough power to ...Reuters
Mon, Nov 3
TECHNICALS-CBOT soybeans may rise into $11.35-3/4 to $11.51-3/4 range
For more technical analyses, please click SINGAPORE, Nov 3 (Reuters) - The CBOT soybean January contract SF26 may rise into a range of $11.35-3/4 to $11.51-3/4 per bushel as suggested by a projection analysis.The contract has climbed above a key barrier at $11.10, the 100% projection level of wave C...Reuters
Mon, Nov 3
RPT-EXCLUSIVE-Turkey buys more non-Russian oil after latest Western sanctions, sources say
US and EU bring in new Russia sanctions over Ukraine warSOCAR said to buy four non-Russian cargoes for DecemberTupras seen phasing out Russian crude imports at one refinery Tupras increasing purchases of non-Russian grades, source says By Robert Harvey, Ahmad Ghaddar and Enes Tunagur LONDON/MOSCO...Reuters
Mon, Nov 3
EXCLUSIVE-ExxonMobil CEO warns EU sustainability law could end Europe operations
ABU DHABI, Nov 3 (Reuters) - ExxonMobil CEO Darren Woods told Reuters on Monday it will be impossible for the energy giant to continue doing business in Europe if the European Union doesn't make significant changes to a sustainability law that threatens to penalize companies with fines of 5% of ...Reuters
Mon, Nov 3
PRESS DIGEST -Wall Street Journal - November 3
Nov 3 (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.- Temasek-owned Mapletree Investments and CapitaLand Investment CAPN.SI are considering a business combination, with plans potentially starting...Reuters
Mon, Nov 3
China warns of growing foreign espionage in seed, grain sector
China's Ministry of State Security on Monday warned that foreign intelligence agencies are stepping up efforts to "illegally obtain" genetic data and seed resources from the country's grain sector, calling the activity a threat to national food security.Reuters
Mon, Nov 3
PRECIOUS-Gold steadies on stronger dollar as investors trim rate-cut bets
U.S. dollar holds near three-month highInvestors see 71% chance of U.S. rate cut in December - CME FedWatch ToolADP employment data due on WednesdayBy Ishaan Arora Nov 3 (Reuters) - Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Res...Reuters
Mon, Nov 3
PRESS DIGEST-Financial Times - November 3
Nov 3 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. HeadlinesOne remaining suspect held in train stabbing caseUK small businesses struggling to take advantage of trade dealsOPEC+ to pause oil ou...Reuters
Mon, Nov 3
