News
Important Only
Vopak secures key vessel for Australia LNG import project
Sept 30 (Reuters) - Vopak VOPA.AS has entered into an exclusive agreement with shipping firm Seapeak to provide a floating and regasification unit for its liquefied natural gas import terminal project in Australia, the Dutch tank storage firm said on Tuesday.The agreement comes months after the ener...Reuters
Tue, Sep 30
METALS-Shanghai tin hits near six-month high on Indonesia supply concerns
SHANGHAI, Sept 30 (Reuters) - Shanghai tin rose to a near six-month high on Tuesday, supported by supply fears following reports of a crackdown on illegal mining in key producer Indonesia.Indonesian President Prabowo Subianto has ordered the closures of about 1,000 illegal tin mines on the island of...Reuters
Tue, Sep 30
GRAINS-Soybeans set for quarterly decline on US harvest, weak demand
Soybean futures set to finish third quarter down almost 2%China's absence from U.S. market, ample supplies weighBy Naveen Thukral SINGAPORE, Sept 30 (Reuters) - Chicago soybeans slid for a second session on Tuesday, with the market on track for quarterly and monthly losses as a lack of Chines...Reuters
Tue, Sep 30
Champion Iron: Forms A Partnership For The Kami Project With Nippon Steel And Sojitz
Sept 30 (Reuters) - CHAMPION IRON FORMS A PARTNERSHIP FOR THE KAMI PROJECT WITH NIPPON STEEL AND SOJITZSource text: https://newsroom.championiron.com/2025-09-29-CHAMPION-IRON-FORMS-A-PARTNERSHIP-FOR-THE-KAMI-PROJECT-WITH-NIPPON-STEEL-AND-SOJITZReuters
Tue, Sep 30
LNG is Shell's top contribution to energy industry over next decade, CEO says
By Shariq Khan NEW YORK, Sept 29 (Reuters) - Liquefied natural gas (LNG) will be European oil major Shell's biggest contribution to the energy industry over the next decade in terms of value and as it seeks to cut emissions from fossil fuel production, CEO Wael Sawan said on Monday.Sawan has ...Reuters
Tue, Sep 30
Canada's Imperial Oil to cut 20% of workforce and largely exit Calgary
Imperial to cut jobs by end-2027, relocate most Calgary roles by 2028Layoffs part of restructuring amid global crude price slumpCompany to maintain only a small presence in CalgaryBy Amanda Stephenson, Sheila Dang and Katha Kalia CALGARY, Sept 29 (Reuters) - Canada's Imperial Oil IMO.TO said...Reuters
Tue, Sep 30
PRECIOUS-Gold hits record high, heads for best month in 14 years on safe-haven rush
Sept 30 (Reuters) - Gold prices rose further to hit a fresh high on Tuesday and were poised for their best month in 14 years, as fears of a potential U.S. government shutdown and growing expectations of further U.S. interest rate cuts boosted demand for the safe-haven metal. FUNDAMENTALS* Spo...Reuters
Tue, Sep 30
Trump sets 10% tariff on lumber imports, higher rates on wooden products
WASHINGTON, Sept 29 (Reuters) - U.S. President Donald Trump signed a proclamation on Monday to set a 10% tariff rate on imports of lumber and 25% on vanities, kitchen cabinets and upholstered wooden products, the White House said.Reuters
Tue, Sep 30
EXCLUSIVE-Mali mining dispute proved last straw for Barrick's 'Mercurial Mark' Bristow, sources say
Bristow's handling of Mali mine contributed to Barrick's leadership change, sources sayBarrick's Mali operations faced challenges, including asset loss and seized goldBristow's management style, Barrick's share performance influenced board's decision, sources sayBy Divya Raja...Reuters
Tue, Sep 30
Oil falls as OPEC+ plans to further increase output
By Anjana Anil Sept 30 (Reuters) - Oil prices fell on Tuesday as another anticipated production increase by OPEC+ and the resumption of oil exports from Iraq's Kurdistan region via Turkey reinforced the outlook for a looming supply surplus.Brent crude futures for November delivery LCOc1, expi...Reuters
Tue, Sep 30
GRAINS-Soybeans set for quarterly decline on US harvest, weak demand
SINGAPORE, Sept 30 (Reuters) - Chicago soybeans slid for a second session on Tuesday, with the market on track for quarterly and monthly losses as a lack of Chinese demand for U.S. cargoes and seasonal harvest pressure weigh on prices.Corn and wheat also fell and were set to end September in the red...Reuters
Tue, Sep 30
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 30 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$67.26/$66.43res $67.93/$68.60Palm oil (3rd month)4,366/4,342 ringgitres 4,401/4,429/4,457 ringgitWTI* (1st month)$62.91/$62.68/$62.32res $63.50/$63.86Spot gold$3,847...Reuters
Tue, Sep 30
Australia's Liontown Resources to revise Tesla offtake deal pricing, in talks with Ford
Sept 30 (Reuters) - Liontown Resources LTR.AX said on Tuesday that it has agreed with Tesla TSLA.O to make changes to the pricing mechanism in their long-term offtake agreement.The pricing changes come as the lithium miner looks to move away from lithium hydroxide indices to spodumene concentrate, p...Reuters
Tue, Sep 30
Alcoa to shut Kwinana refinery, take $890 million hit
Sept 29 (Reuters) - Aluminium producer Alcoa Corp AA.N said on Monday it will permanently close its Kwinana alumina refinery in Western Australia and take a hit of $890 million in the third quarter related to the closure. The refinery's current workforce of about 220 employees will be reduced t...Reuters
Mon, Sep 29
Airlines warn US government shutdown may slow flights
US government shutdown may start Wednesday, causing widespread disruptionsShutdown may halt FAA hiring, training, and safety initiativesAir traffic controller shortage worsens with potential furloughsBy David Shepardson WASHINGTON, Sept 29 (Reuters) - U.S. airlines warned on Monday that a partial...Reuters
Mon, Sep 29
