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Goldman Sachs Sees OPEC8+ Maintaining Production Flat After 411KB/D Increase In July
May 28 (Reuters) - GOLDMAN SACHS: EXPECTS OPEC8+ TO ANNOUNCE ONE LAST 411KB/D PRODUCTION INCREASE IN JULYASSUMES OPEC8+ WILL KEEP REQUIRED PRODUCTION FLAT AFTER THIS LAST JULY PRODUCTION HIKE AS A LARGE INFLOW OF NEW EX-SHALE PROJECTS ENTERS THE MARKET LATER THIS YEAR, ECONOMIC GROWTH DECELERATES NO...Reuters
Wed, May 28
China issues flood warnings after heavy rain in southern regions
HONG KONG, May 28 (Reuters) - China's National Meteorological Centre on Wednesday issued alerts for heavy rain and flooding in southern regions, forecasting the most intense storms of the year so far.The NMC flagged a high risk of mountain floods, geological disasters and localised flooding in s...Reuters
Wed, May 28
EXCLUSIVE-Putin, for Ukraine peace, wants a pledge to halt NATO enlargement, sources say
Putin wants written pledge to halt NATO expansion eastwards, sources sayRussia also seeks lifting of sanctions and protection for Russian speakers in UkraineUkraine has insisted on NATO membership aspirations despite Russian demandsBy Guy Faulconbridge MOSCOW, May 28 (Reuters) - President Vladimi...Reuters
Wed, May 28
EUROPE GAS-Prices little changed amid stable supply, lower demand
LONDON, May 28 (Reuters) - Dutch and British wholesale gas prices were little changed on Wednesday morning amid stable supply and weak demand.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 inched up by 0.10 euro per megawatt hour (MWh) to 36.84 euros/MWh by 0824 GMT, while the J...Reuters
Wed, May 28
Exclusive: K2’s Aegis Energy strikes Everspan capacity deal for new excess petroleum gasoline haulers program
By James ThalerMay 27 - (The Insurer) - K2’s Aegis Energy General Insurance Agency has struck a capacity deal with fronting company Everspan to provide up to $4 million in excess coverage for a non-admitted petroleum gasoline haulers program available in most U.S. states.The program is designed to m...Reuters
Wed, May 28
Polarisation deepens exposure and claims uncertainty for alternative fuels: Allianz
By Rebecca DelaneyMay 27 - (The Insurer) - Geopolitical divisions over decarbonisation commitments are increasing uncertainty over future risk exposures and claims costs in the shipping industry, Allianz said in its latest safety and shipping review.With the sector already dealing with concerns arou...Reuters
Wed, May 28
Three dead in Chevron's Angolan oil platform fire
May 28 (Reuters) - A second person died from their injuries in hospital following a fire at a Chevron-operated oil platform offshore Angola, bringing the number of fatalities to three, government and company officials said late on Tuesday.Two workers were initially transferred to specialist units at...Reuters
Wed, May 28
TABLE-UAE's Fujairah oil inventory data for week ended May 26
May 28 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended May 26, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from t...Reuters
Wed, May 28
WRAPUP-US and Russia row in public as the Ukraine war heats up
MOSCOW/KYIV, May 28 (Reuters) - The United States and Russia quarrelled in public on Wednesday over the intensifying Ukraine war after U.S. President Donald Trump warned that President Vladimir Putin was "playing with fire" and Moscow massed 50,000 troops near a Ukrainian region.Reuters
Wed, May 28
Russia sees progress in Iran-US nuclear talks, Russia's Lavrov says
MOSCOW, May 28 (Reuters) - The negotiations between the United States and Iran on Tehran's nuclear program are moving in the right direction, Russian Minister of Foreign Affairs Sergei Lavrov said on Wednesday.He expressed hope for continued progress in the talks.Reuters
Wed, May 28
METALS-Industrial metals down pressured by stronger dollar
By Brijesh Patel May 28 (Reuters) - Industrial metals were subdued on Wednesday, weighed by a higher dollar, while improved risk appetite across financial markets following U.S. President Donald Trump's latest tariff respite offered support.Three-month copper on the London Metal Exchange ...Reuters
Wed, May 28
Silver Price Forecast: XAG/USD rebound stalls above $33.00, keeps moving in range
Silver prices (XAG/USD) are posting moderate losses on Wednesday, weighed by the upbeat market sentiment, which is undermining demand for safe assets, and a firmer US Dollar.The Greenback is trading higher across the board, on the back of easing trade tensions, after Trump's decision to delay tariffFxstreet
Wed, May 28
China issues flood warnings after heavy rain in southern regions
HONG KONG, May 28 (Reuters) - China's National Meteorological Centre on Wednesday issued alerts for heavy rain and flooding in southern regions, forecasting the most intense storms of the year so far.The NMC flagged a high risk of mountain floods, geological disasters and localised flooding in s...Reuters
Wed, May 28
Latest floods and dust storm underscore Australia's climate vulnerability
By Edward CarronMay 13 - (The Insurer) - Australia's vulnerability to shifting weather patterns has again been highlighted this week with a major dust storm engulfing Sydney in the aftermath of drought in South Australia.Elsewhere, the Insurance Council of Australia has declared recent flooding...Reuters
Wed, May 28
PRECIOUS-Gold steadies as easing US-EU trade tensions cap gains
US core PCE data due on FridayUS consumer confidence improved in MayBy Anmol Choubey May 28 (Reuters) - Gold steadied on Wednesday, as investors bought on the dip, although gains were capped on easing U.S.-EU trade tensions, with the market now awaiting the upcoming U.S. core Personal Consumption...Reuters
Wed, May 28
Australia clears Woodside to run North West Shelf LNG plant to 2070
Strict conditions on extension, environment minister saysWoodside says approval provides certainty for projectClimate Council calls decision "a failure of leadership"By Christine Chen, Renju Jose SYDNEY, May 28 (Reuters) - Australia conditionally approved on Wednesday a request by Woodsid...Reuters
Wed, May 28
