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LME Copper inventories fall to fresh low – ING
Copper inventories on the LME fell to the lowest level in almost two years, with withdrawals continuing at warehouses in Rotterdam. Thousands of tonnes of Copper have been withdrawn over the past few trading sessions, with Glencore the key trader behind these requests.Fxstreet
Thu, May 29
EUROPE GAS-Prices edge lower on warm temperatures, higher Norwegian supply
LONDON, May 29 (Reuters) - Dutch and British wholesale gas prices edged lower on Thursday morning as warm temperatures curbed demand and supply from Norway rebounded slightly as maintenance eased.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 was down 0.4 euro to 36.35 euros per...Reuters
Thu, May 29
PRECIOUS-Gold touches over one week-low as US court ruling eases tariff concerns
US court blocks Trump's tariffs, says president exceeded his authorityCourt's decision triggered a relief in financial markets, analyst says US GDP data due later in the day, PCE on FridayBy Anushree Mukherjee May 29 (Reuters) - Gold prices dropped to a more than one-week low on Thursday ...Reuters
Thu, May 29
ASIA COFFEE-Prices drop in Vietnam on global cues, higher supplies from rivals
By Phuong NguyenHANOI, May 29 (Reuters) - Domestic coffee prices in Vietnam fell further this week following a sharp fall in the London terminal and higher supplies from rival producers that eased supply scarcity, traders said on Thursday.Farmers in the Central Highlands, Vietnam's largest coffe...Reuters
Thu, May 29
WTI rallies further, approaching $63.00 boosted by a ban on tariffs
WTI Oil prices accelerated their recovery on Thursday, as a US court ruling against Trump’s tariffs boosted hopes for some normalisation in global trade, which will support crude demand.The US Court for International Trade ruled on Wednesday that Trump’s unilateral trade tariffs overstep the US Cong
Fxstreet
Thu, May 29
Total Air Cargo Demand in April Rose By 5.8% - IATA
May 29 (Reuters) - TOTAL DEMAND IN APRIL, MEASURED IN CARGO TONNE-KILOMETERS (CTK), ROSE BY 5.8% COMPARED TO APRIL 2024 LEVELS (+6.5% FOR INTERNATIONAL OPERATIONS) - IATACAPACITY IN APRIL, MEASURED IN AVAILABLE CARGO TONNE-KILOMETERS (ACTK), INCREASED BY 6.3% COMPARED TO APRIL 2024 (+6.9% FOR INTERN...Reuters
Thu, May 29
Singapore fuel oil stockpiles at four-week highs
SINGAPORE, May 29 (Reuters) - Onshore fuel oil stockpiles at key trading hub Singapore recovered to their highest in four weeks despite lower imports being recorded, data showed on Thursday.Residual fuel inventories STKRS-SIN were at 22.34 million barrels (about 3.52 million metric tons) in the week...Reuters
Thu, May 29
Kyushu Electric to sign 20-year deal to buy LNG from US firm Energy Transfer
By Yuka Obayashi TOKYO, May 29 (Reuters) - Japan's Kyushu Electric Power 9508.T said on Thursday it will sign a 20-year purchase contract with U.S. energy firm Energy Transfer ET.N to buy up to 1 million metric tons of liquefied natural gas a year from its Lake Charles LNG project.It marks th...Reuters
Thu, May 29
Dalian iron ore rebounds after US court halts Trump's tariffs
By Michele Pek SINGAPORE, May 29 (Reuters) - Iron ore futures snapped a four-day losing streak on Thursday, buoyed by upbeat market sentiment after a U.S. federal court blocked President Donald Trump's tariffs from going into effect.The most-traded September iron ore contract on China's D...Reuters
Thu, May 29
METALS-London metals gain after US court blocks Trump's tariffs
By Brijesh Patel May 29 (Reuters) - Prices of metals in London rose on Thursday, buoyed by upbeat market sentiment after a U.S. federal court blocked President Donald Trump's "Liberation Day" tariffs from going into effect, although a stronger dollar kept gains in check.Three-month co...Reuters
Thu, May 29
Kyushu Electric to sign 20-year deal to buy LNG from US Lake Charles project
TOKYO, May 29 (Reuters) - Japan's Kyushu Electric Power 9508.T said on Thursday it will sign a 20-year purchase contract with U.S. energy firm Energy Transfer ET.N to buy up to 1 million metric tons of liquefied natural gas a year from the Lake Charles LNG project.It marks the Japanese utility&#...Reuters
Thu, May 29
PRECIOUS-Gold hits over one-week low as US tariff ruling dents safe-haven appeal
May 29 (Reuters) - Gold prices slipped on Thursday to their lowest levels in more than a week after a U.S. federal court blocked President Donald Trump's "reciprocal tariffs", dampening the metal's safe-haven allure, while a robust dollar put further pressure on bullion.Reuters
Thu, May 29
COLUMN-Record US clean power run rolls on through May: Maguire
By Gavin MaguireLITTLETON, Colorado, May 29 (Reuters) - The U.S. power system is on track to produce more electricity from clean power sources than from fossil fuels for the third straight month in May, establishing a record-long stretch for clean power generation in the country.Clean power sources ...Reuters
Thu, May 29
COLUMN-Cobalt Holdings bets the battery metal's fortunes have turned: Andy Home
By Andy Home LONDON, May 29 (Reuters) - The price of cobalt has fallen so far over the last couple of years that even Congo's artisanal miners have given up on the battery metal. They have been swept aside by a wave of production from the Democratic Republic of Congo's (DRC) formal sector...Reuters
Thu, May 29
Kyushu Electric Power Co Inc - Entered Into LNG Sales And Purchase Agreement With U.S.-Based Energy Transfer LNG Export
May 29 (Reuters) - Kyushu Electric Power Co Inc 9508.T:KYUSHU ELECTRIC POWER CO INC: ENTER INTO LNG SALES AND PURCHASE AGREEMENT WITH U.S.-BASED ENERGY TRANSFER LNG EXPORTKYUSHU ELECTRIC POWER CO INC: ENERGY TRANSFER WILL SUPPLY UP TO 1 MILLION TONS PER YEAR OF LNG TO OUR COMPANY OVER 20-YEAR PERIO...Reuters
Thu, May 29
Gold price seems vulnerable below $3,300 amid tariffs news, stronger USD
Gold price (XAU/USD) touched a one-and-a-half week low, around the $3,246-3,245 area during the Asian session on Thursday in reaction to the news that a federal court blocked US President Donald Trump's trade tariffs from going into effect.
Fxstreet
Thu, May 29
