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US natgas drops on profit taking ahead of storage report
Oct 2 (Reuters) - U.S. natural gas futures fell on Thursday as traders took profits after prices rose to a more-than a two-months high in the previous session, while market awaits a federal weekly storage report due later in the day.Front-month, gas futures for November delivery NGc1 on the New York...Reuters
Thu, Oct 2
Indonesia races to determine extent of radioactive contamination at industrial zone
Scrap metal factory treated as epicentre of contamination10 contaminated areas found, up from 6 earlier, minister saysNine people exposed, given special medical treatmentContamination first detected in shrimp shipment to US By Dewi Kurniawati and Gayatri Suroyo JAKARTA, Oct 2 (Reuters) - Indonesi...Reuters
Thu, Oct 2
METALS-Supply concerns, lower dollar spur copper to 16-month high
By Pratima Desai LONDON, Oct 2 (Reuters) - Copper prices climbed to 16-month highs on Thursday as worries about shortages due to supply disruptions and a lower dollar outweighed weak demand prospects in leading consumer China.Benchmark copper CMCU3 on the London Metal Exchange traded up 1% at $10...Reuters
Thu, Oct 2
EXCLUSIVE-China’s banks lend to Saudi gas project while its funds sit out of BlackRock-led deal, sources say
Chinese banks lent over $3.7 billion to Aramco’s $11 billion Jafurah gas projectBeijing’s funds have passed on opportunity to participate in equity opportunityPullback underscores US–China tensions, contrasting Aramco’s 2022 Saturn pipeline dealBy Hadeel Al SayeghDUBAI, Oct 2 (Reuters) - China’s big...Reuters
Thu, Oct 2
Bessent says to expect news Tuesday on support for soybean farmers
WASHINGTON, Oct 2 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Thursday the federal government would support American farmers in light of China's refusal to buy soybeans and that an announcement would be made on Tuesday."We've got their backs," Bessent said on CNBC. He s...Reuters
Thu, Oct 2
PRECIOUS-Gold hovers near record high on rate-cut bets, political uncertainty
Gold climbed to all-time high of $3,895.09/oz on WednesdayUS private payrolls decline in SeptemberUpside risks to $4,000 mid-2026 gold forecast have intensified - Goldman SachsBy Ishaan Arora Oct 2 (Reuters) - Gold prices rose on Thursday, hovering near record highs, as heightened expectations of...Reuters
Thu, Oct 2
US inventories rise: first signs of oversupply? – Commerzbank
US crude and gasoline inventories increased last week, narrowing deficits to seasonal norms and raising concerns of a looming oversupply. However, the risk of tougher Russian Oil sanctions could support prices and prevent a sharp decline, Commerzbank's commodity analyst Barbara Lambrecht notes.
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Thu, Oct 2
Hungary buys gas from France's Engie, diversifying supply from Russia
Deal with Engie can cover 5% of Hungary's demandFollows deal with Shell over LNG suppliesHungary says no plans to drop Russian importsBy Anita Komuves BUDAPEST, Oct 2 (Reuters) - Hungary on Thursday signed its biggest ever deal to buy liquefied natural gas from French firm Engie ENGIE.PA, a s...Reuters
Thu, Oct 2
Kazakhstan's Karachaganak daily oil output fell by 24% in Sept m/m, sources say
MOSCOW, Oct 2 (Reuters) - Production of oil at Kazakhstan's Karachaganak field fell to 200,000 barrels per day (bpd) in September from 264,300 bpd in August, coinciding with maintenance at Russia's Orenburg gas processing plant (GPP), two industry sources told Reuters and Reuters calculation...Reuters
Thu, Oct 2
Iraq's Kurdistan oil flows to Turkey running at around 180,000 bpd, sources say
Oct 2 - Crude oil flows from Iraq's Kurdistan region to Turkey’s Ceyhan port are running at around 180,000 barrels per day, up from 150,000-160,000 bpd earlier in the week after they resumed on September 27 for the first time in 2-1/2 years, two shipping sources told Reuters.The first tanker loa...Reuters
Thu, Oct 2
Champagne makers hope pick up in quality will put fizz back in demand
PARIS, Oct 2 (Reuters) - Favourable weather has improved the quality of champagne grapes this year, producers said on Thursday, providing some good news at a time of fading demand for the French sparkling wine. In July, the industry decided to cut this year's grape harvest by 10%, capping it at ...Reuters
Thu, Oct 2
Iraq's Kurdistan oil flows to Turkey running at around 180,000 bpd, sources say
Oct 2 - Crude oil flows from Iraq's Kurdistan region to Turkey’s Ceyhan port are running at around 180,000 barrels per day, up from 150,000-160,000 bpd earlier in the week after their resumption on September 27, two shipping sources told Reuters.Reuters
Thu, Oct 2
Occidental to sell OxyChem unit to Berkshire for $9.7 billion
Oct 2 (Reuters) - Occidental Petroleum OXY.N said on Thursday it would sell its petrochemical division to Warren Buffett's Berkshire Hathaway BRKa.N for $9.7 billion, as the U.S. oil and gas producer looks to pare debt.The sale of the OxyChem unit, which produces chemicals used for treating swim...Reuters
Thu, Oct 2
RPT-COLUMN-Europe can flatter Trump and sting Putin by ditching niche Russian fuels: Bousso
EU loopholes allow imports of Russian condensate, butane and gasoilEU plans to halt pipeline oil and gas imports in 2028Bloc aims to stop Russian LNG imports a year earlierBy Ron Bousso LONDON, Oct 2 (Reuters) - The European Union is currently debating how and when to halt its significant energy ...Reuters
Thu, Oct 2
Chilean wines boom in Brazil as tariffs dampen US demand
SANTIAGO, Oct 2 (Reuters) - Chile's wine exports to its top market of Brazil are booming, helping to offset a decline in sales to United States partly due to tariffs, according to export data and industry experts. Data from Wines of Chile, an association of wine producers, shows purchases from ...Reuters
Thu, Oct 2
