News
Important Only
Australia's ACCC Proposes To Grant A Bulk Wheat Port Code Exemption To CHSB Bulk Terminal At Geelong
Nov 3 (Reuters) - Australian Competition and Consumer Commission:PROPOSES TO GRANT A BULK WHEAT PORT CODE EXEMPTION TO CHSB BULK TERMINAL AT GEELONGCLOSING DATE FOR SUBMISSIONS IS 14 NOVSource textReuters
Mon, Nov 3
WTI climbs above $61.00 as OPEC+ signals output increase pause
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.10 during the early Asian trading hours on Monday. The WTI rises after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) signaled a pause in output increase.
Fxstreet
Mon, Nov 3
GRAINS-Soybeans jump to 15-month high on Chinese demand hopes
SINGAPORE, Nov 3 (Reuters) - Chicago soybean futures gained more ground on Monday, with prices climbing to a 15-month high as China's return to the U.S. market continued to buoy prices. Wheat hit a three month high, while corn edged higher, tracking gains in soybeans, although plentiful global g...Reuters
Mon, Nov 3
PRECIOUS-Gold falls on stronger dollar as investors trim rate-cut bets
Nov 3 (Reuters) - Gold prices slipped on Monday, pressured by a stronger dollar as investors dialed back bets for further Federal Reserve rate cuts following Chair Jerome Powell's hawkish remarks last week, while easing U.S.-China trade tensions also weighed on bullion.FUNDAMENTALSSpot gold XAU=...Reuters
Mon, Nov 3
Gold Price Forecast: XAU/USD tumbles to near $3,950 on Fed's hawkish comments, trade optimism
Gold price (XAU/USD) slumps to near $3,965 during the early Asian session on Monday. The precious metal extends the decline as a constructive US-China outcome reinforces global risk appetite.
Fxstreet
Mon, Nov 3
US soy futures post biggest monthly gain in nearly five years on China trade optimism
CHICAGO, Oct 31 (Reuters) - U.S. soybean futures climbed to a 15-month high and posted their biggest monthly gain in nearly five years on Friday following a rally fueled by the prospect of revived exports to China.Reuters
Mon, Nov 3
Turkey buys more non-Russian oil after latest Western sanctions, sources say
LONDON/MOSCOW, Nov 2 (Reuters) - Turkey's largest oil refineries are buying more non-Russian oil in response to the latest Western sanctions on Russia, two people with direct knowledge of the matter and several industry sources told Reuters.Reuters
Mon, Nov 3
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Nov 3 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$65.50/$65.82sup $64.95/$64.61Palm oil (3rd month)4,145/4,106 ringgitres 4,207/4,230/4,246 ringgitWTI(1st month)$61.48/$61.91/$62.60sup $61.13/$60.78/$60.56Spot gold$3,...Reuters
Mon, Nov 3
Oil extends gains after OPEC+ pauses Q1 output hikes
OPEC+ agrees to small output increase in DecemberOPEC+ pauses production hikes in Q1Trump says he is not considering strikes within VenezuelaUkraine drone attack strikes Russia's Tuapse portBy Florence Tan SINGAPORE, Nov 3 (Reuters) - Oil prices climbed in early Asian trade on Monday after OP...Reuters
Sun, Nov 2
OPEC+ agrees to pause output hikes next year amid glut fears
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday agreed to a modest oil output hike for December and a pause output increases in the first quarter (Q1) of next year, Reuters reported on Sunday.Fxstreet
Sun, Nov 2
EU considers weakening 2040 climate goal over forest CO2 absorption, draft shows
By Kate Abnett BRUSSELS, Nov 2 (Reuters) - The European Union is considering a brake clause to weaken its 2040 climate target in the future, if it becomes clear countries' forests are not absorbing enough CO2 emissions to meet the goal, a draft EU compromise proposal showed.EU countries are a...Reuters
Sun, Nov 2
OPEC receives updated compensation plans from Russia, Iraq, others
Nov 2 (Reuters) - The secretariat for the Organization of the Petroleum Exporting Countries on Sunday announced it has received updated compensation plans from Russia, Iraq, the United Arab Emirates, Kazakhstan and Oman.The schedule received from the five members covered the period from last month u...Reuters
Sun, Nov 2
OPEC+ pauses oil output hikes beyond December amid glut fears
OPEC+ pauses oil output increases for Jan-March 2026Group agrees output hike of 137,000 bpd for Dec 2025Oil glut predictions dominate outlook for 2026New sanctions make it difficult for Russia to raise outputBy Olesya Astakhova, Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/MOSCOW, Nov 2 (R...Reuters
Sun, Nov 2
Ukrainian drone strike hits key Russian oil port, at least one vessel hit
Ukrainian drone damages Tuapse oil export terminal Two foreign vessels damaged at Tuapse Fires have been put out, operational headquarters 60,000 people without power in Ukraine after Russian strike MOSCOW/KYIV, Nov 2 (Reuters) - A Ukrainian drone attack struck one of Russia's main Black Sea ...Reuters
Sun, Nov 2
Adnoc, Masdar, XRG And Microsoft To Advance AI For Energy And Energy For AI
Nov 2 (Reuters) - ABU DHABI NATIONAL OIL CO [RIC:RIC:ADNOC.UL]:ADNOC, MASDAR, XRG AND MICROSOFT TO ADVANCE AI FOR ENERGY AND ENERGY FOR AIADNOC AND MICROSOFT WILL CO-DEVELOP AND DEPLOY AI AGENTS ACROSS ADNOC’S VALUE CHAIN TO DRIVE EFFICIENCY AND MINIMIZE EMISSIONSFurther company coverage: ADNOC.ULReuters
Sun, Nov 2
Russian attacks on Ukraine kill two, leave Donetsk region without power
KYIV, Nov 2 (Reuters) - Russian air attacks on Ukraine killed two people overnight and left tens of thousands more - and the entire eastern Donetsk region - without power, Ukrainian officials said on Sunday.Moscow has stepped up missile and drone strikes on Ukraine as winter approaches, triggering o...Reuters
Sun, Nov 2
OPEC+ set to agree another modest oil output increase, sources say
Group likely to agree a 137,000 bpd hike, sources sayOPEC+ has slowed pace of increases amid glut predictionsNew sanctions make it difficult for Russia to raise outputSunday meeting scheduled for 1600 GMTBy Olesya Astakhova, Ahmad Ghaddar and Alex Lawler LONDON/MOSCOW, Nov 2 (Reuters) - OPEC+ is ...Reuters
Sun, Nov 2
Two foreign vessels damaged in Ukrainian drone strike on Russian oil port, authorities say
MOSCOW, Nov 2 (Reuters) - Two foreign civilian vessels were damaged in an overnight Ukrainian drone attack on the Russian Black Sea port of Tuapse, local authorities said on Sunday.They did not name the vessels but said there were no casualties. A fire that broke out following the attack has since b...Reuters
Sun, Nov 2
