News
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Singapore fuel oil stockpiles pile up for fourth straight week
SINGAPORE, June 12 (Reuters) - Onshore fuel oil stockpiles at key trading hub Singapore climbed for a fourth consecutive week as imports remained strong, data showed on Thursday. Residual fuel inventories STKRS-SIN were at 23.71 million barrels (about 3.73 million metric tons) in the week to June 11...Reuters
Thu, Jun 12
EUROPE GAS-Prices rise slightly as wind output expected to weaken
LONDON, June 12 (Reuters) - Dutch and British wholesale gas prices rose slightly on Thursday morning as wind output was expected to decrease and liquefied natural gas (LNG) send-out was lower.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 edged up by 0.15 euro to 35.95 euros per...Reuters
Thu, Jun 12
Egypt Agreed To Buy Liquefied Natural Gas Cargoes From Saudi Aramco, Trafigura Group, Vitol Group And Others- Bloomberg News
June 12 (Reuters) - EGYPT AGREED TO BUY LIQUEFIED NATURAL GAS CARGOES FROM SAUDI ARAMCO, TRAFIGURA GROUP, VITOL GROUP AND OTHERS- BLOOMBERG NEWSSource: https://tinyurl.com/5n8fj87zReuters
Thu, Jun 12
METALS-London copper rises, but volatility fears linger
By Hongmei Li SINGAPORE, June 12 (Reuters) - London copper prices rose on Thursday, although the market expects volatility amid persistent uncertainty over the U.S-China trade deal.Three-month copper on the London Metal Exchange CMCU3 was up 0.4% at $9,683.5 per metric ton by 0706 GMT, while the ...Reuters
Thu, Jun 12
Silver Price Forecast: XAG/USD corrects further to near $35.50 despite escalating Middle East woes
Silver price (XAG/USD) extends its correction for the third trading day, slides almost 1.5% to near $35.50 during European trading hours on Thursday. The white metal retraces after failing to extend its over-decade high of $36.90 posted on Monday.
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Thu, Jun 12
IAEA board declares Iran in breach of non-proliferation duties, diplomats say
VIENNA, June 12 (Reuters) - The U.N. nuclear watchdog's 35-nation Board of Governors passed a resolution on Thursday formally declaring Iran in breach of its non-proliferation obligations for the first time in almost 20 years, diplomats at the closed-door meeting said."(The board) Finds that...Reuters
Thu, Jun 12
Perils lowers Cyclone Alfred loss estimate to A$2.25 billion
By Ryan HewlettJune 12 - (The Insurer) - Loss aggregator Perils on Thursday issued a second industry loss estimate of A$2.25 billion ($1.46 billion) for Cyclone Alfred, which affected the Australian states of Queensland and New South Wales between February 28 and March 12, 2025.The second estimate i...Reuters
Thu, Jun 12
In Armenia, rising ceasefire violations bring fears of war with Azerbaijan
By Felix LightKHNATSAKH, Armenia, June 12 (Reuters) - Nightfall is an anxious time for residents of Khnatsakh. Every evening at around 10 p.m., automatic gunfire echoes through the tiny village in Armenia, locals say – the sound of Azerbaijani troops firing into the night sky from their position...Reuters
Thu, Jun 12
German engineering group calls on EU to put pressure on China over rare earths
DUESSELDORF, Germany, June 12 (Reuters) - German plant and equipment makers are increasingly struggling with supply bottlenecks for rare earths, the VDMA industry association warned and called on the European Union to put more pressure on China. "We are already seeing that rare earths are no lon...Reuters
Thu, Jun 12
China to strengthen approval process of rare earth export applications
BEIJING, June 12 (Reuters) - China will continue to strengthen the examination and approval process for rare earths export applications, a Chinese commerce ministry spokesperson said on Thursday.China is willing to further enhance communication and dialogue on export control with relevant countries,...Reuters
Thu, Jun 12
EXPLAINER-Key facilities in Iran's nuclear programme
By Francois Murphy VIENNA, June 12 (Reuters) - A sixth round of U.S.-Iran nuclear talks will be held on Sunday in Muscat, the Omani foreign minister said on Thursday, after U.S. President Donald Trump reiterated that Tehran would not be allowed to have a nuclear weapon.Trump said on Wednesday...Reuters
Thu, Jun 12
Oman confirms next round of US-Iran nuclear talks amid fears of regional risks
Trump said US personnel were being moved out of Middle EastUS preparing partial evacuation of Iraqi embassyEnergy companies continuing operations in Iraq, official saysBy Jana Choukeir and Ahmed Elimam DUBAI, June 12 (Reuters) - The sixth round of U.S.-Iran nuclear talks will be held on Sunday i...Reuters
Thu, Jun 12
US personnel withdrawal is not a threat, Iranian official tells Press TV
DUBAI, June 12 (Reuters) - U.S. military dependents leaving the region does not constitute a threat, a senior Iranian security official told Iran's Press TV on Thursday, amid concerns that evacuation of non-essential personnel may be the preamble to regional escalation.Reuters
Thu, Jun 12
Foreign energy companies continuing normal operations in Iraq, official says
BAGHDAD, June 12 (Reuters) - Foreign energy firms continue operating normally in Iraq, a senior Iraqi official told Reuters on Thursday, after U.S. President Trump said U.S. personnel were being moved out of the Middle East because "it could be a dangerous place".The Iraqi oil ministry did n...Reuters
Thu, Jun 12
RPT-EXCLUSIVE-Barrick Mining removes Mali gold complex from 2025 output forecast, sources say
Mines accounted for 14% of Barrick's total gold output: analystsMali has blocked gold exports, detained staff, seized stockMali allows Barrick to repatriate 20% earnings internationally, sources sayBy Divya Rajagopal and Portia Crowe TORONTO/DAKAR, June 11 (Reuters) - Barrick Mining ABX.TO ha...Reuters
Thu, Jun 12
Foreign energy companies continue operations as usual, senior Iraqi official says
BAGHDAD, June 12 (Reuters) - Foreign energy companies are continuing their operations as usual, a senior Iraqi official overseeing operations in southern oilfields told Reuters on Thursday, as the U.S. prepares a partial evacuation of its embassy in Baghdad.Reuters
Thu, Jun 12
PRECIOUS-Gold climbs on rising Middle East tensions, weaker dollar
US to pull some personnel from the Middle EastUS producer price index data due at 1230 GMTTrump repeats call for Fed to cut rates By Anmol Choubey June 12 (Reuters) - Gold prices rose on Thursday, bolstered by rising tensions in the Middle East and a weaker dollar, while softer-than-expected U.S....Reuters
Thu, Jun 12
