News
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TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 23 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$65.05/$65.70sup $64.10/$63.34Palm oil (3rd month)4,447/4,471 ringgitres 4,409/4,401 ringgitWTI* (1st month)$60.43/$61.38sup $59.65/$58.88Spot gold$4,004/$3,915res $4,...Reuters
Thu, Oct 23
WTI climbs to near two-week high above $60.00 as US sanctions on Russian oil companies
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $60.10 during the early Asian trading hours on Thursday. The WTI climbs to a near two-week high after the United States (US) hit Russia's major oil companies with sanctions.
Fxstreet
Thu, Oct 23
US hits top Russian oil companies with sanctions, EU bans Russian LNG
WASHINGTON/BRUSSELS, Oct 22 (Reuters) - U.S. President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft as his frustration grows with Russian President Vladimir Putin over the war.Reuters
Thu, Oct 23
ROI-Critical minerals, decarbonisation and government de-risking dominate mining wish list: Russell
By Clyde Russell SYDNEY, Oct 23 (Reuters) - Critical minerals, and especially rare earths, as well as the ongoing need to decarbonise and a bigger role for governments are the three top areas of concern for the global mining industry.Those are the key takeaways from this week's IMARC event in...Reuters
Thu, Oct 23
GRAINS-US soybean futures inch higher on China trade optimism
CHICAGO, Oct 22 (Reuters) - U.S. soybean futures closed mostly higher on Wednesday as traders remained hopeful for progress in upcoming trade talks with top soy buyer China, analysts said. News of a Japanese proposal to increase U.S. soy purchases lent support as well.Corn and wheat futures rose but...Reuters
Wed, Oct 22
LIVESTOCK-CME feeder cattle sink after Trump urges ranchers to lower prices
By Tom Polansek CHICAGO, Oct 22 (Reuters) - Chicago Mercantile Exchange feeder cattle futures sank by their daily maximum on Wednesday after U.S. President Donald Trump said ranchers needed to lower prices.Trump has sought to reduce beef prices that reached records this year due to tight cattle s...Reuters
Wed, Oct 22
Russian drones attack Kyiv for second night, officials say
New drone attacks damage buildings in Kyiv districtsEmergency power outages in most Ukraine regionsBy Pavel Polityuk KYIV, Oct 22 (Reuters) - Russian drones attacked the Ukrainian capital for the second night, injuring four people, officials said early on Thursday.Tymur Tkachenko, head of Kyiv...Reuters
Wed, Oct 22
CIF/FOB Gulf Grain-Soy barge bids jump on US export demand
CHICAGO, Oct 22 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals jumped on Wednesday, reflecting export demand to destinations other than China, traders said.China, the world's biggest soybean importer, remained absent from the U.S. market during the trade war wi...Reuters
Wed, Oct 22
Kinder Morgan posts higher third-quarter profit on stronger natural gas demand
Q3 profit rises on gas volumesExploring over 10 Bcf/d project opportunitiesKMI sees LNG demand up 28 Bcf/d by 2030By Sumit SahaOct 22 (Reuters) - U.S. pipeline operator Kinder Morgan KMI.N posted a rise in third-quarter profit on Wednesday, helped by higher volumes of natural gas transported through...Reuters
Wed, Oct 22
Oil extends gains after settlement on new sanctions on Russian oil companies
US imposes sanctions targeting Russia's largest oil companiesTrump to meet Chinese President Xi in South KoreaUS crude stocks, gasoline and distillate inventories fell last week, EIA saysBy Nicole Jao NEW YORK, Oct 22 (Reuters) - Oil prices extended gains after settlement on Wednesday after t...Reuters
Wed, Oct 22
EU approves 19th package of Russian sanctions including LNG ban
Slovakia lifts reservation after energy price assurancesLNG ban starts in two stages, ending reliance on Russian fuelsSanctions include travel restrictions, vessel listings, and Chinese entitiesBy Julia Payne BRUSSELS, Oct 22 (Reuters) - EU countries approved a 19th package of sanctions against R...Reuters
Wed, Oct 22
FirstEnergy beats quarterly profit estimates on higher rates and strong demand
Oct 22 (Reuters) - Utility FirstEnergy FE.N beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher electricity rates as well as commercial and residential demand.The U.S. power industry has been gearing up for a rapid surge in electricity consumption nationwide, driven by...Reuters
Wed, Oct 22
BREAKINGVIEWS-China strikes at West's softest rare-earths spot
By Robyn Mak HONG KONG, Oct 23 (Reuters Breakingviews) - The world may be underestimating the difficulty of loosening China's stranglehold on critical minerals. Mining stocks in Australia surged this week following a landmark deal between Prime Minister Anthony Albanese and U.S. President Don...Reuters
Wed, Oct 22
Woodside to sell 10% stake in Louisiana LNG, 80% of Driftwood pipeline for $250 million
Oct 23 (Reuters) - Australia's Woodside Energy WDS.AX said on Thursday it had agreed to sell a 10% stake in the liquefied natural gas project in Louisiana and an 80% interest and operatorship of the Driftwood pipeline to U.S. firm Williams WMB.N for $250 million.Reuters
Wed, Oct 22
Trump says he sees trade deal with Xi, will discuss Russian oil purchases
WASHINGTON, Oct 22 (Reuters) - U.S. President Donald Trump on Wednesday said he expected to reach a trade agreement with Chinese President Xi Jinping, and said he would raise concerns about China's purchases of Russian oil during their meeting in South Korea next week."I think we'll make...Reuters
Wed, Oct 22
Trump calls for cheaper cattle, more grazing lands in effort to trim beef prices
Trump says ranchers do not understand they are doing well because of tariffs Cattle prices set records after drought forced ranchers to slash herdsOfficials look to expand cattle grazing to rebuild herdEconomists say there is no quick way to increase supplyBy Leah Douglas and Tom Polansek WASHING...Reuters
Wed, Oct 22
Chevron's El Segundo refinery key unit remains shut three weeks after fire
By Nicole JaoNEW YORK, Oct 22 (Reuters) - A hydrocracker remained offline at Chevron's CVX.N 285,000-barrel-per-day El Segundo refinery in Southern California three weeks after a large fire at a jet-fuel-producing unit earlier this month, sources said on Wednesday.The refinery took multiple unit...Reuters
Wed, Oct 22
