News
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Funds trim TTF Gas longs amid fresh short positions – ING
Investment funds reduced their net long exposure in TTF natural Gas by 14.3TWh to 46.2TWh last week, mainly due to new short positions. Despite storage levels slipping to just under 83%—below the five-year average—European Gas prices remain range-bound.Fxstreet
Thu, Oct 30
Kansai Electric Official: We View Real Estate As A Necessary Business And are Exploring How To Grow It, How To Achieve Synergies
Oct 30 (Reuters) - Kansai Electric Power Co Inc 9503.T:KANSAI ELECTRIC OFFICIAL: WE ARE CONSIDERING TO SET A CONSOLIDATED PAYOUT RATIO TARGET OF 25-35% AS PART OF NEW FY2026-2028 MEDIUM-TERM PLAN TO BE UNVEILED NEXT SPRINGKANSAI ELECTRIC OFFICIAL: WE ARE NOT CONSIDERING LNG PROCUREMENT FROM ALASKA L...Reuters
Thu, Oct 30
Trump says China to begin process of purchasing 'American energy'
Oct 30 (Reuters) - U.S. President Donald Trump said on Thursday that China has agreed to begin the process of purchasing U.S. energy. "In fact, a very large scale transaction may take place concerning the purchase of Oil and Gas from the Great State of Alaska. Chris Wright, Doug Burgum, and our ...Reuters
Thu, Oct 30
Shell to start up second unit at LNG Canada later this quarter, CFO says
LONDON, Oct 30 (Reuters) - Shell SHEL.L expects to start up its second liquefied natural gas processing unit at its LNG Canada facility later this quarter, Chief Financial Officer Sinead Gorman said on Thursday.LNG Canada is the first major LNG export facility in Canada, and the first on the west co...Reuters
Thu, Oct 30
ANALYSIS-Trump-Xi 'amazing' summit brings tactical truce, not major reset
By Trevor Hunnicutt, Laurie Chen and Mei Mei Chu BUSAN, South Korea/BEIJING, Oct 30 (Reuters) - U.S. President Donald Trump hailed a meeting with China's Xi Jinping as "amazing" and "12" on a 10-point scale, but the agreement the two leaders reached appears to be no more than ...Reuters
Thu, Oct 30
Shell third-quarter profit beats expectations
Q3 adjusted earnings $5.4 billion vs forecast $5.1 billionTo maintain pace of share buyback in fourth quarterStrong gas results helped to limit hit from lower oil pricesBy Shadia Nasralla and Stephanie Kelly LONDON, Oct 30 (Reuters) - Shell SHEL.L beat third-quarter profit forecasts on Thursday, ...Reuters
Thu, Oct 30
Novatek chief says it is impossible to exclude Russia from global LNG market, RIA reports
MOSCOW, Oct 30 (Reuters) - Leonid Mikhelson, the head of Russia's largest liquefied natural gas producer Novatek NVTK.MM, said on Thursday it was impossible to exclude Russia, which accounts for 10% of the world's LNG supply, from the global LNG market as it would lead to a jump in prices.Th...Reuters
Thu, Oct 30
China vows to boost US farm trade but leaves details unclear
China to start buying 'tremendous' amounts of soybeans: TrumpChina's commerce ministry says to expand farm trade with U.S. Chicago soybean futures fall after Trump-Xi meetBy Ella Cao and Naveen Thukral BEIJING/SINGAPORE, Oct 30 (Reuters) - China pledged to expand farm trade with the U...Reuters
Thu, Oct 30
Russian senator says Trump should talk to Moscow rather than impose sanctions, RIA reports
MOSCOW, Oct 30 (Reuters) - Russian senator Vladimir Dzhabarov said on Thursday that U.S. President Donald Trump should negotiate with Russia, rather than imposing sanctions on it, state news agency RIA cited him as saying.Reuters
Thu, Oct 30
REFILE-PRECIOUS-Gold gains as dollar retreat, Fed rate cut buoy appeal
Trump says tariffs on China cut to 47% from 57%Fed cuts rates by a quarter of a percentage pointBy Brijesh Patel Oct 30 (Reuters) - Gold prices rose on Thursday, supported by dollar weakness and a Federal Reserve rate cut, while investors remained cautious about the outcome of a trade agreement b...Reuters
Thu, Oct 30
Trump says China to begin process of purchasing 'American energy'
Oct 30 (Reuters) - U.S. President Donald Trump said on Thursday that China agreed to begin the process of purchasing U.S. energy. "In fact, a very large scale transaction may take place concerning the purchase of Oil and Gas from the Great State of Alaska. Chris Wright, Doug Burgum, and our resp...Reuters
Thu, Oct 30
Singapore fuel oil stockpiles rebound to near 25 mln barrels
SINGAPORE, Oct 30 (Reuters) - Onshore fuel oil stockpiles in major oil storage hub Singapore rebounded to about 25 million barrels as cargo inflows surged, after edging lower last week, data showed on Thursday. Inventories for residual fuels STKRS-SIN climbed 7.6% to 24.78 million barrels (about 3.9...Reuters
Thu, Oct 30
METALS-Copper retreats from peak on firm dollar, demand concerns
Oct 30 (Reuters) - Copper prices pulled back from record levels on Thursday, as the U.S. dollar consolidated around two-week highs after the Federal Reserve cut interest rates, and concerns around red-metal demand began to emerge. The most-traded copper contract on the Shanghai Futures Exch...Reuters
Thu, Oct 30
FACTBOX-Key issues at Trump-Xi talks in South Korea
BEIJING, Oct 30 (Reuters) - U.S. President Donald Trump met China's leader Xi Jinping on Thursday in a summit the U.S. side said yielded an agreement on a range of trade and technology issues that had ratcheted up tension between the world's two biggest economies.Chinese state media quoted X...Reuters
Thu, Oct 30
Hungary to seek exemption from US sanctions on Russian oil
BUDAPEST, Oct 30 (Reuters) - The U.S. sanctions imposed on Russia's Lukoil LKOH.MM and Rosneft do not directly impact Hungary's oil imports and Hungary's goal is to maintain this and seek an exemption from the measures, Prime Minister Viktor Orban's chief of staff told a briefing on ...Reuters
Thu, Oct 30
EXCLUSIVE-Germany examines nationalising Rosneft arm after Trump sanctions, say sources
Russia's Rosneft controls key flow of oil to GermanyRosneft swept up in Trump sanctions on RussiaBerlin now mulls sidelining RosneftBy John O'Donnell and Christoph Steitz BERLIN/FRANKFURT, Oct 29 (Reuters) - U.S. sanctions on Russian oil producer Rosneft ROSN.MM have rekindled discussions...Reuters
Thu, Oct 30
China chides G7 over critical minerals alliance
BEIJING, Oct 30 (Reuters) - China urged the Group of Seven nations to uphold market economy principles and stop undermining the international trade order, responding to its plan for an alliance on production of critical minerals meant to counter Chinese dominance of the sector.At a regular briefing ...Reuters
Thu, Oct 30
Hungary says examining all scenarios as MOL refinery fire investigated
BUDAPEST, Oct 30 (Reuters) - An investigation is underway into a fire that broke out at Hungarian oil group MOL's MOLB.BU Danube refinery earlier this month, and no scenarios can be excluded when seeking clues to the causes of the fire, Prime Minister Viktor Orban's chief of staff told a bri...Reuters
Thu, Oct 30
Ukraine's 2025 sunflower seed harvest set to drop to 10.5 mln tons, producers union says
KYIV, Oct 30 (Reuters) - Ukraine's sunflower seed harvest is expected to fall to 10.5 million tons this year from 12 million tons in 2024 due to bad weather, Stepan Kapshuk, head of the vegetable oil producers union Ukroliyaprom, told Reuters on Thursday.A lower harvest would result in a smaller...Reuters
Thu, Oct 30
