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PRECIOUS-Gold set to snap nine-week winning streak as US inflation test looms
US CPI data due at 1230 GMTGold heads for worst week since mid-MaySilver down 6% so far this weekBy Brijesh Patel Oct 24 (Reuters) - Gold prices eased on Friday and were on track for their first weekly drop in 10, weighed down a stronger dollar and as market participants squared positions ahead o...Reuters
Fri, Oct 24
German economy minister arrives in Kyiv as Ukraine seeks energy support
Germany seeks to help Ukraine rebuild energy infrastructureMinister seeks to expand German‑Ukrainian defence cooperationReiche visit coincides with London summitBy Kirsti Knolle and Maria Martinez BERLIN, Oct 24 (Reuters) - German Economy Minister Katherina Reiche arrived in Kyiv on Friday, highl...Reuters
Fri, Oct 24
Chandra Asri says it will buy Exxon's Singapore retail fuel stations
SINGAPORE, Oct 24 (Reuters) - Chandra Asri Pacific TPIA.JK said on Friday it would acquire Exxon Mobil’s XOM.N network of Esso-branded retail fuel stations in Singapore."The company has entered into a Sale and Purchase Agreement to acquire ExxonMobil’s network of Esso-branded retail service stat...Reuters
Fri, Oct 24
Tokyo Gas: Signed Letter Of Intent With Glenfarne For Alaska LNG Project
Oct 24 (Reuters) - Tokyo Gas Co Ltd 9531.T:TOKYO GAS SAYS SIGNED LETTER OF INTENT WITH US GLENFARNE FOR ALASKA LNG PROJECTTOKYO GAS: THE PRELIMINARY AGREEMENT ENABLES US, AS A STRATEGIC PARTNER OF GLENFARNE, TO ADVANCE MEANINGFUL NEGOTIATIONS REGARDING THE PURCHASE OF LNG FROM ALASKA LNGGLENFARNE: W...Reuters
Fri, Oct 24
METALS-Shanghai copper rises on Trump-Xi meeting confirmation, China plenum boost
SHANGHAI, Oct 24 (Reuters) - Shanghai copper rose on Friday after the White House confirmed a meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping, and China's high-stakes plenum vowed to boost consumption and technological innovation.The most-traded copper contract...Reuters
Fri, Oct 24
PRECIOUS-Gold set to snap nine-week winning streak as US inflation test looms
US CPI data due at 1230 GMTGold heads for worst week since mid-MaySilver down 6% so far this weekBy Brijesh Patel Oct 24 (Reuters) - Gold prices eased on Friday and were on track for their first weekly drop in 10, weighed down a stronger dollar and as market participants squared positions ahead o...Reuters
Fri, Oct 24
Marathon Petroleum restarts key fuel units at Texas refinery, sources say
Marathon Galveston Bay hydrotreater repairs to finish in mid-November, sources sayBy Erwin SebaHOUSTON, Oct 23 (Reuters) - Marathon Petroleum MPC.N is restarting the gasoline-producing fluidic catalytic cracking unit and diesel-producing Ultracracker hydrocracking unit (HCU) at its 631,000 barrels-p...Reuters
Fri, Oct 24
GRAINS-Chicago soybeans set for best weekly gain in 10 on trade optimism
BEIJING, Oct 24 (Reuters) - Chicago soybean futures retreated on Friday from a one-month high as crude oil prices dropped, but remained on track for their biggest weekly gain in 10 weeks on hopes of renewed trade talks with top buyer China.As of 0227 GMT, the most-active soybean contract on the Chic...Reuters
Fri, Oct 24
Marathon restarting FCCU, hydrocracker at Galveston Bay Refinery in Texas, sources say
Marathon Galveston Bay hydrotreater repairs to finish in mid-November, sources sayHOUSTON, Oct 23 (Reuters) - Marathon Petroleum MPC.N is restarting the gasoline-producing fluidic catalytic cracking unit (FCCU) and diesel-producing Ultracracker hydrocracking unit (HCU) at its 631,000 barrels-per-day...Reuters
Fri, Oct 24
ASX shares of copper miners rise as China stimulus hopes boost prices
** Australia-listed shares of copper miners gain after copper prices pushed higher on hopes of top metals consumer China pushing out more stimulus MET/L** Local shares of Capstone Copper CSC.AX CS.TO rise as much as 2.9% to A$12.77, its biggest intraday pct gain since Oct 14** Shares of Sandfire Res...Reuters
Fri, Oct 24
GRAINS-Chicago soybeans on track for best weekly gain in 10 on trade optimism
BEIJING, Oct 24 (Reuters) - Chicago soybean futures retreated on Friday from a one-month high as crude oil prices dropped, but remained on track for their biggest weekly gain in 10 weeks on hopes of renewed trade talks with top buyer China.Corn and wheat also softened, but were set for a second cons...Reuters
Fri, Oct 24
PRECIOUS-Gold firms ahead of US inflation data, but heads for weekly fall
Oct 24 (Reuters) - Gold prices rose on Friday, supported by lingering geopolitical worries and U.S.-China trade tensions, as investors awaited key U.S. inflation data due later in the day for further cues on the interest rate path. FUNDAMENTALS* Spot gold XAU= was up 0.3% at $4,138.52 per...Reuters
Fri, Oct 24
Spot crude premiums jump as US sanctions on Russian producers drive China, India demand
Mideast benchmark Dubai premium more than doubled to 3-week highSimilar jumps seen in Oman, Murban premiumsChina, India to buy more oil from Iraq, West Africa, BrazilBy Siyi Liu and Florence Tan SINGAPORE, Oct 23 (Reuters) - Spot premiums in crude markets jumped on Thursday on expectations that U...Reuters
Fri, Oct 24
US warns it could force some Pennsylvania rail cars out of service
NTSB says Pennsylvania's Silverliner IV railcars pose fire riskGovernor says Transportation Secretary Duffy should push for more fundingDuffy says USDOT could take further action without reformsBy David ShepardsonWASHINGTON, Oct 23 (Reuters) - U.S. Transportation Secretary Sean Duffy late on Thu...Reuters
Fri, Oct 24
CORRECTED-Oil prices dip after surge, remain on track for weekly gain amid supply fears
By Yuka Obayashi TOKYO, Oct 24 (Reuters) - U.S. crude futures eased in early trade on Friday, trimming part of the previous day's surge but remaining on track for a weekly gain, as fresh U.S. sanctions on Russia's two biggest oil companies over the war in Ukraine fuelled supply concerns. ...Reuters
Fri, Oct 24
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 24 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$66.70sup $65.05/$64.10/$63.34Palm oil (3rd month)4,490/4,510 ringgitsup 4,447/4,431/4,409 ringgitWTI* (1st month)$62.04/$62.93sup $61.38/$60.43Spot gold$4,094/$4,060r...Reuters
Fri, Oct 24
LIVESTOCK-Live cattle futures rebound as focus returns to tight supplies
By Julie Ingwersen CHICAGO, Oct 23 (Reuters) - Chicago Mercantile Exchange live cattle futures ended mostly higher on Thursday as traders returned their focus to tight U.S. cattle supplies and firming beef prices, traders said.The cattle market had tumbled last week and again on Wednesday after U...Reuters
Fri, Oct 24
