News
Important Only
Russia's Lukoil says it intends to sell international assets due to Western sanctions
MOSCOW, Oct 27 (Reuters) - Russia's second-largest oil producer, Lukoil LKOH.MM, said on Monday it would sell its international assets "owing to introduction of restrictive measures against the company and its subsidiaries by some states.""The sale of the assets is conducted under OF...Reuters
Mon, Oct 27
ICE canola futures rise with soyoil
WINNIPEG, Manitoba, Oct 27 (Reuters) - ICE canola futures rose with Chicago soyoil on Monday, with U.S. traders optimistic about a possible U.S. trade agreement with China.• January canola RSF6 settled up $1.70 at $634.20 per metric ton. November RSX5 settled up $1.70 at $619.20.• A trader said that...Reuters
Mon, Oct 27
US natgas prices jump 4% on colder forecasts, record LNG export feedgas
LNG export feedgas hits all-time highColder weather and increased demand expected in coming weeksLNG export plants see near-record gas flowsGas storage levels about 5% above normal, easing supply concernsBy Scott DiSavino Oct 27 (Reuters) - U.S. natural gas futures jumped about 4% on Monday o...Reuters
Mon, Oct 27
Hurricane Melissa begins lashing Jamaica as 'catastrophic' Category 5 storm
Melissa could be Jamaica's strongest-ever stormJamaicans, Cubans, brace for direct hitAcross Caribbean, hundreds of thousands evacuateFour deaths reported in Haiti, Dominican RepublicBy Zahra Burton and Dave SherwoodKINGSTON/HAVANA, Oct 27 (Reuters) - Hurricane Melissa was packing sustained wind...Reuters
Mon, Oct 27
CBOT wheat sets one-month high on US-China deal hopes
CHICAGO, Oct 27 (Reuters) - Chicago Board of Trade wheat futures finished higher on Monday as hopes for a U.S.-China trade deal lifted grain and soy markets, traders said.CBOT soybeans set a four-month high on hopes China will resume purchasing U.S. supplies as part of a potential deal, traders said...Reuters
Mon, Oct 27
CBOT soy hits June high on hopes China will resume buying US supplies
CHICAGO, Oct 27 (Reuters) - Chicago Board of Trade soybean futures set a four-month high on Monday on hopes that China will resume buying U.S. supplies as part of a potential trade with Washington, traders said.U.S. President Donald Trump said the U.S. and China were set to "come away with" ...Reuters
Mon, Oct 27
CBOT corn sets July high on expectations for US-China trade deal
CHICAGO, Oct 27 (Reuters) - Chicago Board of Trade corn futures finished higher on Monday and hit the highest level since July in the most-active contract as expectations for a U.S.-China trade deal boosted grain and soy markets.U.S. President Donald Trump said the U.S. and China are set to "com...Reuters
Mon, Oct 27
Meta appoints insider Vishal Shah to key AI role
Oct 27 (Reuters) - Meta Platforms META.O CEO Mark Zuckerberg has appointed insider Vishal Shah to a key artificial intelligence-linked role, heading product management for AI products, the social media giant said on Monday.The move underscores Big Tech's focus on the booming technology, directin...Reuters
Mon, Oct 27
Chinese firms drive aluminium expansion in Indonesia, raise surplus fears
By Ashitha ShivaprasadOct 27 (Reuters) - A major expansion of aluminium production in Indonesia driven by Chinese companies is expected to push the global market into a surplus next year, which will lower prices of the metal widely used in the transport industry. Three new Chinese-backed smelters ar...Reuters
Mon, Oct 27
CORRECTED-Tariffs anxiety prompts US importers to place spring orders early
Trump's tariff threats had prompted importers to stockpile spring goods earlyImporters chose to load balance sheets with inventory rather than face tariffsRetailers are mitigating risks by ordering from domestic warehousesChinese suppliers are more relaxed about tariff uncertaintyBy Jessica DiNa...Reuters
Mon, Oct 27
Maple Creek Energy Secures Agreement To Purchase GE Vernova H-Class Gas Turbine
Oct 27 (Reuters) - MAPLE CREEK ENERGY LLC:SAYS IT HAS SECURED AN AGREEMENT TO PURCHASE A GE VERNOVA 7HA.03 GAS TURBINE IN A SINGLE SHAFT CONFIGURATION AND SERVICES FOR ITS NATURAL GAS PROJECT, DEVELOPED BY ADVANCED POWER AND BDC POWER HOLDINGS LLC, A BECHTEL COMPANYSAYS THE AGREEMENT, ALONG WITH EXI...Reuters
Mon, Oct 27
PRECIOUS-Gold slips below $4,000 per ounce as US-China trade progress cools safe-haven demand
Federal Reserve's rate decision anticipated this weekCapital Economic lowers end-2026 gold price forecastTrump and Xi to discuss trade accord on ThursdayBy Anjana Anil and Pablo Sinha Oct 27 (Reuters) - Gold prices fell below $4,000 per ounce on Monday as signs of a thaw in U.S.-China trade ...Reuters
Mon, Oct 27
North Sea Crude-Forties and Ekofisk bid higher
LONDON, Oct 27 (Reuters) - North Sea Forties and Ekofisk were bid higher in the Platts window on Monday, while UK oil services firm Petrofac filed for administration.PETROFACBritish oilfield services provider Petrofac PFC.L said on Monday it plans to appoint administrators, potentially putting jobs ...Reuters
Mon, Oct 27
Europe Gasoline/Naphtha-Gasoline cracks slip
LONDON, Oct 27 (Reuters) - Northwest European gasoline profit margins fell by about 62 cents a barrel to $16.37 on Monday.A total of 4,000 metric tons of Eurobob E5 gasoline barges traded as ExxonMobil sold to Trafigura.Another 10,000 tons of Eurobob E10 gasoline barges changed hands with Shell and ...Reuters
Mon, Oct 27
Mexico's Pemex pumps less, refines more in third quarter
By Ana Isabel Martinez and Adriana BarreraMEXICO CITY, Oct 27 (Reuters) - Mexican state energy company Pemex pumped less crude while scaling up its processing in the third quarter, it said on Monday, as it reported a smaller net loss than in the same quarter a year ago.Pemex and its partners pumped ...Reuters
Mon, Oct 27
GRAINS-US soy hits four-month high on hopes for China trade deal
CBOT soy hits June high on hopes China will buy US suppliesBessent signals possible 'substantial' China soybean dealsCorn, wheat futures follow soybeans higherBy Tom Polansek CHICAGO, Oct 27 (Reuters) - U.S. soybean futures jumped to their highest level in more than four months on Monday ...Reuters
Mon, Oct 27
Venezuela moves to suspend energy agreements with Trinidad, including gas projects
CARACAS, Oct 27 (Reuters) - Venezuela's oil ministry will ask to the presidency to suspend a wide cooperation agreement with Trinidad and Tobago for energy development, including joint gas projects in negotiation, the South American country's oil minister said.Reuters
Mon, Oct 27
METALS-Copper hits 17-month peak on US-China trade deal optimism
By Pratima Desai LONDON, Oct 27 (Reuters) - Copper prices hit 17-month highs on Monday as signs of easing trade tensions between the world's two largest economies - China and the U.S. - and hopes for stronger growth and demand spurred buying.Benchmark copper CMCU3 on the London Metal Exchange...Reuters
Mon, Oct 27
Carbon Measures global accounting group to form independent panel
Carbon Measures backed by 19 companiesFunders include ExxonMobil, BASF, SantanderExpert panel to include academia, civil societyBy Simon JessopLONDON, Oct 27 (Reuters) - Carbon Measures, a global carbon accounting initiative backed by several big energy and multinational companies, will form an inde...Reuters
Mon, Oct 27
