News
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Gasoline-producing FCCU shut at Exxon's Beaumont, Texas refinery, sources say
By Erwin SebaHOUSTON, Oct 8 (Reuters) - The gasoline-producing fluidic catalytic cracking unit (FCCU) remained shut on Wednesday night at Exxon Mobil's XOM.N 612,000 barrel-per-day (bpd) Beaumont, Texas refinery, said people familiar with the plant's operations. The 120,000-bpd FCCU was shut...Reuters
Thu, Oct 9
China honing abilities for a possible future attack, Taiwan defence report warns
Taiwan releases once-every-two-years defence reportTaiwan details China's use of 'hybrid' tactics to undermine trustChina claims Taiwan as its own territory, which Taipei rejectsBy Yimou Lee and Ben Blanchard TAIPEI, Oct 9 (Reuters) - China is increasing military activities near Taiwa...Reuters
Thu, Oct 9
METALS-Shanghai copper hits over 16-month high on supply concerns
SHANGHAI, Oct 9 (Reuters) - Shanghai copper jumped to a more than 16-month high on Thursday as trading resumed in China after the National Day holiday, with concerns over supply from major mines supporting prices in an already tight market.The most-traded copper contract on the Shanghai Futures Exch...Reuters
Thu, Oct 9
PRECIOUS-Gold takes a breather after safe-haven demand fuels record run
Israel, Hamas agree to Trump's phase one plan for end to warFed officials say labour market risks high enough for rate cuts94% and 79% chances of rate cuts in October, December, respectively - CME FedWatchBy Ishaan Arora Oct 9 (Reuters) - Gold took a breather from a record run on Thursday, as...Reuters
Thu, Oct 9
PRESS DIGEST-Financial Times - October 9
Oct 9 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- HSBC offers $13.6 billion deal to delist local Hong Kong unit- Glencore secures $394 million from Australia to keep copper smelter ...Reuters
Thu, Oct 9
Gaza Peace Plan Challenges Gold’s Record High at $4,000 — Technical Overbought Signals Correction
TradingKey - After gold’s historic breakthrough above $4,000 per ounce, easing geopolitical tensions in the Middle East have cooled investor enthusiasm, while its overbought technical condition is prompting traders to consider profit-taking.TradingKey
Thu, Oct 9
PRECIOUS-Gold pauses after record rally on safe-haven demand
Oct 9 (Reuters) - Gold eased on Thursday, as investors booked profits a day after bullion breached the crucial $4,000-per-ounce level to hit a record high on economic and geopolitical uncertainties and hopes of additional U.S. interest rate cuts.FUNDAMENTALS* Spot gold XAU= fell 0.4% to $4,021.99 pe...Reuters
Thu, Oct 9
Colombia's Petro suggests last vessel bombed by US was Colombian
White House denies Petro's claim of Colombian vessel bombingPetro says indications are that boat bombed by US had Colombians on boardVenezuela conducts military exercises amid US tensionsBy Nelson Bocanegra and Alexander Villegas BOGOTA, Oct 8 (Reuters) - Colombia's President Gustavo Petr...Reuters
Thu, Oct 9
GRAINS-Soybeans hold near 3-week high on expectations of lower US yields
CANBERRA, Oct 9 (Reuters) - Chicago soybean futures held near three-week highs on Thursday amid expectations that U.S. harvest yields will be below the most recent government forecast and hopes that China will revive purchases from the United States.Corn futures rose slightly, with traders expecting...Reuters
Thu, Oct 9
Oil falls on Gaza plan, fading Middle East risk premium
Oct 9 (Reuters) - Oil prices fell in early trade on Thursday after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza, weighing on oil's war risk premium and pushing investors to sell. Brent crude futures LCOc1 were down 51 cents, or 0.77%, at $65.74 a barrel by 0002 GMT...Reuters
Thu, Oct 9
RPT-Indian government seeks resolution of dispute at Tata charity arm, sources say
Tata faces new test as disagreement among trustees mountTata Trusts controls 66% of Tata Sons, giving it immense powersMinisters meet Tata leadership to resolve matters, sources say NEW DELHI/MUMBAI, Oct 8 (Reuters) - Two senior Indian ministers have, in an uncommon intervention, urged Tata Group...Reuters
Thu, Oct 9
Gold Price Forecast: XAU/USD holds gains above $4,000 on concerns over US government shutdown
Gold price (XAU/USD) holds positive ground near $4,010 after retreating from a fresh record high of $4,059 in the previous session during the early Asian session on Thursday. Broader geopolitical and economic uncertainty firmed traders' demand for the safe-haven asset.Fxstreet
Wed, Oct 8
Liontown Resources amends loan and supply deals with Ford Motor; shares advance
Oct 9 (Reuters) - Liontown Resources LTR.AX said on Thursday it amended its loan and spodumene supply agreements with Ford Motor F.N, aiming to bolster near-term liquidity and gain more flexibility in marketing output as production ramps up at its Kathleen Valley lithium project in Western Australia...Reuters
Wed, Oct 8
Liontown amends loan and supply deals with Ford Motor to boost liquidity, cut offtake volumes
Oct 9 (Reuters) - Liontown Resources LTR.AX said on Thursday it amended its loan and spodumene supply agreements with Ford Motor F.N, aiming to bolster near-term liquidity and gain more flexibility in marketing output as production ramps up at its Kathleen Valley lithium project in Western Australia...Reuters
Wed, Oct 8
CIF/FOB Gulf Grain-Soy basis bids rise, traders eye US harvest and exports
CHICAGO, Oct 8 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals rose on Wednesday, traders said.October and November soy barges traded at 80 cents over Chicago Board of Trade November SX25 futures, traders said.CIF basis bids for October soybean barges rose 5 ce...Reuters
Wed, Oct 8
First Majestic Silver Corp Produces 7.7 Million Ageq Ounces In Q3 2025 Consisting Of A Record 3.9 Million Silver Ounces And 35,681 Gold Ounces
Oct 8 (Reuters) - First Majestic Silver Corp AG.TO:FIRST MAJESTIC SILVER CORP: PRODUCES 7.7 MILLION AGEQ OUNCES IN Q3 2025 CONSISTING OF A RECORD 3.9 MILLION SILVER OUNCES AND 35,681 GOLD OUNCESFIRST MAJESTIC SILVER CORP: TOTAL SILVER PRODUCTION IN QUARTER INCLUDED 1.4 MILLION OUNCES OF ATTRIBUTABLE...Reuters
Wed, Oct 8
