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Russian Oil exports remain high – Commerzbank
So far, however, Russia still seems to be finding buyers for its Oil, Commerzbank's commodity analyst Carsten Fritsch notes.
WTI
Fxstreet
Fri, Oct 24
Bolivia's new president rekindles cautious hope for long-stalled lithium dreams
Paz presidency begins November 8 in more market-friendly pushPaz needs a detailed policy plan for the world's largest lithium resources -expertChallenges include state control law, technical extraction issuesPaz to scrutinize China, Russia lithium deals for transparencyBy Daina Beth Solomon O...
Reuters
Fri, Oct 24
REFILE-Canada ready to pick up trade negotiations with US, Carney says
TORONTO, Oct 24 (Reuters) - Canadian Prime Minister Mark Carney said on Friday the country stands prepared to pick up trade negotiations with the United States when it is ready, adding that Canada cannot control trade policy with its neighbour to the south.U.S. President Donald Trump on Thursday nig...
Reuters
Fri, Oct 24
PRECIOUS-Gold trims losses after US inflation data; set to end nine-week win streak
US September CPI up 3.0% on yearTrump to meet Chinese President Xi Jinping next weekSilver down over 6% so far this weekBy Noel John Oct 24 (Reuters) - Gold prices pared losses on Friday after slightly softer-than-expected U.S. inflation data reinforced expectations that the Federal Reserve will ...
Reuters
Fri, Oct 24
UN weather agency reviews priorities as funding falls short
WMO member states owe tens of millions in feesStates met in Geneva to discuss disaster warningsUS is one of dozens of late payersBy Emma Farge GENEVA, Oct 24 (Reuters) - The U.N. weather agency plans to cut some posts and is reviewing its priorities as dozens of countries, including the United St...
Reuters
Fri, Oct 24
US natural gas prices ease to one-week low as storage remains high
U.S. natural gas futures eased about 1% to a one-week low on Friday on a small output increase in recent days and ample amounts of fuel in storage.
Reuters
Fri, Oct 24
US House Democrats push USDA to fund food benefits as shutdown continues
SNAP benefits at risk due to federal shutdown, affecting millionsDemocrats urge USDA to use $5 billion reserve for November benefitsUS hunger rates are on the riseBy Leah Douglas WASHINGTON, Oct 24 (Reuters) - More than 200 Democrats in the U.S. House of Representatives told the Agriculture Depar...
Reuters
Fri, Oct 24
CBOT Trends-Corn down 1-3 cents, soybeans steady-down 2, wheat mixed
CHICAGO, Oct 24 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Friday.NOTE: The U.S. government remains shut down, suspending many government reports. WHEAT - Up 1 cent to down...
Reuters
Fri, Oct 24
Urals freight rates to India accelerate in October amid high exports, tighter sanctions, sources say
MOSCOW, Oct 24 (Reuters) - Freight rates for shipping Urals crude from Russia’s western ports to India rose sharply in October, driven by strong export volumes and mounting sanctions pressure, industry sources told Reuters.U.S. President Donald Trump on Wednesday imposed further sanctions on Russia&...
Reuters
Fri, Oct 24
Canada's Carney visits Asia to forge new alliances and reduce US dependence
Carney's visit highlights Canada's shift from US-centric foreign policyCanada's trade diversification targets include the Philippines, Malaysia, South Korea, JapanCarney may meet Xi Jinping to reset Canada-China relationsBy Maria Cheng OTTAWA, Oct 24 (Reuters) - Canada's Prime Mi...
Reuters
Fri, Oct 24
GLOBAL LNG-Asian spot prices little changed amid high inventories, softer demand
Higher inventories seen offsetting cold snap in AsiaEuropean prices seen remaining stable LNG freight rates rise in Atlantic and PacificBy Marwa Rashad LONDON, Oct 24 (Reuters) - Asian spot liquefied natural gas prices were little changed this week as high inventories and softer demand offset re...
Reuters
Fri, Oct 24
India and the US may reach an agreement on reducing Oil imports from Russia – Commerzbank
The US and India are reportedly close to reaching a trade agreement that would see a gradual reduction in Indian Oil imports from Russia, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Oct 24
XAU/USD: Has Gold gone too far? – ING
Gold drew attention during LME Week, with prices up by around 60% this year. The rally has been driven by uncertainties over global trade, heightened geopolitical tensions, US fiscal stability and the Fed’s independence.
Gold
Fxstreet
Fri, Oct 24
Brazil's Braskem approves 4.2 bln reais investment to increase ethane base capacity
Oct 24 (Reuters) - Braskem SA BRKM3.SA:APPROVES INVESTMENT TO INCREASE THE ETHANE BASE CAPACITY OF ITS PETROCHEMICAL PLANT IN RIO DE JANEIRO - FILINGTOTAL ESTIMATED INVESTMENT IN THE PROJECT IS APPROXIMATELY 4.2 BILLION REAISVALUE MAY VARY UP TO 30%PROJECT TO INCREASE CAPACITY BY 220,000 TONS OF ETH...
Reuters
Fri, Oct 24
Gold’s Nine-Week Rally Ends Amid Dollar Strength — But the Bull Market Isn’t Over
TradingKey - After nine consecutive weeks of gains, gold prices may be ending their strong rally this week, pressured by easing trade tensions and investor profit-taking. The recent sell-off stemmed from position unwinding in speculative portfolios and spillover effects from silver markets ...
Gold
TradingKey
Fri, Oct 24
Latin Metals Announces Plan To Spin-Out Peruvian Copper Assets
Oct 24 (Reuters) - Latin Metals Inc LMS.V:LATIN METALS INC - LATIN EXPLORE TO BE OWNED BY LATIN METALS AND SHAREHOLDERSLATIN METALS ANNOUNCES PLAN TO SPIN-OUT PERUVIAN COPPER ASSETSLATIN METALS INC - TO LIST LATIN EXPLORE ON TSX VENTURE EXCHANGELATIN METALS: TO INCLUDE 100%-OWNED PARA COPPER PROJECT...
Reuters
Fri, Oct 24
Bulgaria prepares measures for its Lukoil-owned refinery after US sanctions
SOFIA, Oct 24 (Reuters) - Bulgaria is preparing measures to secure uninterrupted supplies of oil and oil derivatives after the U.S. imposed sanctions on Russia's Lukoil LKOH.MM, which runs the country's biggest oil refinery, Energy Minister Zhecho Stankov said on Friday.U.S. President Donald...
Reuters
Fri, Oct 24
Copper: Is it the beginning of Copper’s bull run? – ING
The mood on metals has been positive in recent weeks, with Copper trading near all-time highs and other metals also rising. A supportive macro backdrop, falling US dollar, rate cuts and low inventories have lifted metals prices, ING's commodity expert Ewa Manthey notes.
Fxstreet
Fri, Oct 24
Buffalo Biodiesel, Verite Ink $300 MLN Deal; Don Jones Named Chairman
Oct 24 (Reuters) - BUFFALO BIODIESEL ANNOUNCES $300 MILLION GROWTH PARTNERSHIP WITH VERITE CAPITAL PARTNERS; DON JONES TO BECOME MINORITY OWNER AND CHAIRMANBUFFALO BIODIESEL: FUNDING TO SUPPORT BBD'S CONSTRUCTION OF TWO NEW RENEWABLE NATURAL GAS PLANTSFurther company coverage: [ ]
Reuters
Fri, Oct 24
Gold on the back foot as markets eye US inflation data
Gold (XAU/USD) trades on the back foot on Friday, as sellers remain firmly in control following a sharp pullback from record highs earlier this week.
Gold
Fxstreet
Fri, Oct 24
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