News
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COLUMN-Soft China dampens Asia LNG demand while Europe's imports ease: Russell
By Clyde Russell SINGAPORE, May 26 (Reuters) - Asia's imports of liquefied natural gas stagnated in May while Europe's continued to ease as demand in both of the world's top-importing regions entered the seasonal slump between winter and summer peaks.Imports of the super-chilled fuel ...Reuters
Mon, May 26
Gas unit Energos Power arrives in Egypt with capacity of 174,000 cubic meters, ministry says
CAIRO, May 26 (Reuters) - Floating storage and regasification unit Energos Power, arrived in Egypt from Germany with a capacity of 174,000 cubic meters, as Cairo ramps up gas imports ahead of peak summer energy demand, its petroleum ministry said on Monday.The unit was leased from U.S.-based New For...Reuters
Mon, May 26
Enel Unit Signs Swap Agreement With Gulf Pacific Power, To Increase U.S. Renewable Capacity By 285 MW
May 26 (Reuters) - Enel SpA ENEI.MI:SIGNS AGREEMENT THAT ALLOWS THE GROUP TO INCREASE CONSOLIDATED RENEWABLE CAPACITY IN THE US BY 285 MWUNIT ENEL GREEN POWER NORTH AMERICA HAS SIGNED SWAP AGREEMENT WITH GULF PACIFIC POWERAGREEMENT PROVIDES FOR NET CONSIDERATION OF ABOUT 50 MILLION US DOLLARS IN CAS...Reuters
Mon, May 26
Silver Price Forecast: Bullish outlook remains in play near $33.50
The Silver price (XAG/USD) trades with mild gains around $33.50 during the early European session on Monday. The escalating geopolitical tensions along with the weaker Dollar (USD) provide some support to the safe-haven currency like the Japanese Yen (JPY).
Fxstreet
Mon, May 26
WTI holds gains above around $61.50 due to easing US-EU trade concerns
West Texas Intermediate (WTI) Oil price is trading around $61.50 per barrel during the Asian hours on Monday, extending its gains for the second successive day. Crude Oil prices gain ground amid easing concerns over a trade war between the United States (US) and the European Union (EU).Fxstreet
Mon, May 26
Phillips 66 Borger, Texas Refinery Reports Emissions
May 25 (Reuters) - Phillips 66 PSX.N:REPORTS EMISSONS FROM THE CAT AND GOHDS FLARES EXCEEDED 500 LBSREPORTS EMISSIONS WERE MINIMIZED DURING THE EVENTSOURCE - TEXAS COMMISSION ON ENVIRONMENTAL QUALITY FILINGCAPACITY - 149,000 BARRELS PER DAYReuters
Mon, May 26
METALS-London metals gain after Trump tariff reprieve
By Michele Pek SINGAPORE, May 26 (Reuters) - Prices of metals in London rose on Monday after U.S. President Donald Trump rescinded his threat of a 50% tariff on imports from the European Union starting June 1, buoying market sentiment.Three-month copper on the London Metal Exchange CMCU3 gained 1...Reuters
Mon, May 26
Trump says US will control US Steel as part of Nippon deal
By Jeff Mason and Steve Holland MORRISTOWN, New Jersey, May 25 (Reuters) - President Donald Trump said on Sunday that the United States will have control over U.S. Steel X.N as part of the company's partnership with Japanese firm Nippon Steel 5401.T.As part of the deal announced on Friday, Ni...Reuters
Mon, May 26
Trump says US will control US Steel as part of Nippon deal
By Jeff Mason and Steve Holland MORRISTOWN, New Jersey, May 25 (Reuters) - President Donald Trump said on Sunday that the United States will have control over U.S. Steel X.N as part of the company's partnership with the Japanese company Nippon Steel 5401.T. As part of the deal announced on ...Reuters
Mon, May 26
Oil climbs after Trump extends EU trade talks deadline to July
SINGAPORE, May 26 (Reuters) - Oil prices gained in early Asian trade on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hurt the global economy and fuel demand.Reuters
Mon, May 26
Gold Price Forecast: XAU/USD holds below $3,350 as trade war eases
The Gold price (XAU/USD) attracts some sellers to near $3,335 during the early Asian session on Monday. The de-escalation of the trade war provides some support to the yellow metal. The FOMC Minute will be the highlight later on Wednesday.Fxstreet
Mon, May 26
PRECIOUS-Gold retreats from two-week high as Trump extends EU tariff deadline
May 26 (Reuters) - Gold prices slipped from a two-week high on Monday after U.S. President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a 50% tariff from June 1.Reuters
Mon, May 26
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 26 (Reuters) - Contract Target Support/Resistance Brent oil $64.54/$64.04res $65.33/$65.82Palm oil (3rd month)3,768 ringgitres 3,847/3,883 ringgitWTI* $61.55/$61.20/$60.74res $62.05/$62.45/$62.86Spot gold$3,284res 3,366/$3,386/$3,417LME c...Reuters
Mon, May 26
France, Vietnam set to sign dozens of deals as Macron visits Hanoi
Macron meets Vietnam leaders on Monday in first visit to HanoiState visit comes amid growing trade tensions with WashingtonProgress possible on Airbus planes, satellite, sources sayEuropeans worry Hanoi's flagged Boeing deals may impact AirbusBy Francesco Guarascio and Phuong Nguyen HANOI, Ma...Reuters
Mon, May 26
Congo eyes US minerals deal by end of June, FT reports
May 25 (Reuters) - Officials from the Democratic Republic of Congo are optimistic they can reach a deal with Washington next month to secure U.S investment in critical minerals alongside support to end a Rwandan-backed rebellion in the country's east, the Financial Times reported on Sunday.Congo...Reuters
Sun, May 25
Congo eyes US minerals deal by end of June, FT reports
May 25 (Reuters) - Officials from the Democratic Republic of Congo are optimistic they can reach a deal with Washington next month to secure U.S investment in critical minerals alongside support to end a Rwandan-backed rebellion in the country’s east, the Financial Times reported on Sunday.An invest...Reuters
Sun, May 25
