News
Important Only
BP postpones oil demand peak prediction to 2030 from 2025
Last year's edition saw peak oil demand in 2025Renewables to overtake coal share in energy mix by 2040Natural gas demand set to grow almost 20% by 2040By Stephanie Kelly and Shadia Nasralla LONDON, Sept 25 (Reuters) - BP BP.L said on Thursday it expects global oil demand to grow until 203...Reuters
Thu, Sep 25
SOFTS-Arabica coffee prices rise, while cocoa consolidates
LONDON, Sept 25 (Reuters) - Arabica coffee futures on ICE were higher on Thursday, extending the prior session's advance, while cocoa prices were hovering just above two-month lows set earlier this week. COFFEE* Arabica coffee KCc2 rose 1% to $3.5175 per lb by 1105 GMT, after climb...Reuters
Thu, Sep 25
CORRECTED-Slovakia pushes back on pressure over Russia energy purchases
Slovakia faces pressure to cut Russian energy ties amid EU sanctionsBlanar calls for empathy, highlights economic impact of breaking contractsSlovakia advocates diplomatic solutions over military action in Ukraine conflictBy John IrishUNITED NATIONS, Sept 24 (Reuters) - Slovakia on Wednesday pushed ...Reuters
Thu, Sep 25
BREAKINGVIEWS-China hides climate ambition under a bushel
By Antony CurrieMELBOURNE, Sept 25 (Reuters Breakingviews) - The Beatles' track "Don't let me down" would have been the perfect hold music while waiting for President Xi Jinping to dial in to unveil China's 2035 greenhouse gas targets at the United Nations on Wednesday. A day ear...Reuters
Thu, Sep 25
Air India crash: Grieving father of captain says investigators insinuated son cut fuel
Initial probe said one pilot asked another why he cut the fuelCaptain's father accuses Indian investigators of 'procedurally improper' remarksPilots' union condemns investigators' visit to father Air India crash was one of world's deadliest aviation disastersBy Aditya Kalra, ...Reuters
Thu, Sep 25
ASIA COFFEE-Vietnam trading muted ahead of new harvest season; favourable weather in Indonesia
By Phuong Nguyen and Mas Alina ArifinHANOI, Sept 25 (Reuters) - Trading activities remained low in Vietnam ahead of new crop season coupled with limited beans supplies, while the weather has turned favourable for the second stage development of the coffee trees in Indonesia, traders said on Thursday...Reuters
Thu, Sep 25
XRG Closes Acquisition Of 11.7% Stake In Phase 1 Of Rio Grande LNG Project
Sept 25 (Reuters) - XRG:XRG CONTINUES INTERNATIONAL INVESTMENT MOMENTUM WITH COMPLETION OF RIO GRANDE LNG DEALCLOSES ITS ACQUISITION OF AN 11.7% EQUITY STAKE IN PHASE 1 (TRAINS 1-3) OF THE RIO GRANDE LNG PROJECT IN BROWNSVILLE, TEXAS, UNITED STATES (US)XRG’S PARENT COMPANY ADNOC ENTERED INTO A 20-YE...Reuters
Thu, Sep 25
Middle East Crude-Benchmarks slump as supplies weigh
SINGAPORE, Sept 25 (Reuters) - Middle East crude benchmarks Oman, Dubai and Murban tumbled on Thursday, slipping to multi-week lows as strong supplies weighed. Mercuria delivered another two Upper Zakum crude cargoes to Gunvor and NPI following Dubai partials trade on Platts window, bringing its t...Reuters
Thu, Sep 25
Bulgaria to suspend Russian gas transit for short-term contracts in 2026, prime minister says
SOFIA, Sept 25 (Reuters) - Bulgaria will suspend Russian gas transit for short-term contracts in 2026 as part of European Union plans to cut off Russian gas imports completely, Prime Minister Rosen Zhelyazkov told Bulgarian news agency BTA.The European Union initially planned to cut off imports of R...Reuters
Thu, Sep 25
At White House, Erdogan to seek deal with Trump on F-35s
Warmest ties in years between NATO countries with biggest armiesTurkish leader hopes to overcome sanctions for F-35sTrump, Erdogan aligned on Syria - but not Israel Boeing aircraft among expected trade dealsBy Mike Stone and Tuvan Gumrukcu WASHINGTON/ANKARA, Sept 25 (Reuters) - U.S. President Don...Reuters
Thu, Sep 25
China's new climate target 'falls well short,' EU says
By Kate Abnett BRUSSELS, Sept 25 (Reuters) - China's new climate pledge "falls well short" and will make it harder to reach global targets to slow climate change, the European Union's climate chief said on Thursday, as the bloc struggles to agree its own emissions-cutting goal.Chi...Reuters
Thu, Sep 25
Russia's Rosatom nearing China bonds placement, executive says
MOSCOW, Sept 25 (Reuters) - Russian state nuclear corporation Rosatom has made significant progress towards placing bonds in the Chinese market, deputy director general Ilya Rebrov said during World Atomic Week in Moscow."It's no longer a matter of (financial) quarters, but even months or we...Reuters
Thu, Sep 25
China signals that purchases of US soybeans hinge on tariff removal
BEIJING, Sept 25 (Reuters) - The United States should remove what China described as unreasonable tariffs and create conditions to expand bilateral trade, a Chinese commerce ministry spokesperson said on Thursday when asked if China would purchase U.S. soybeans.China, the world's biggest buyer o...Reuters
Thu, Sep 25
Singapore fuel oil stockpiles ease for third straight week
SINGAPORE, Sept 25 (Reuters) - Onshore fuel oil stockpiles in Singapore dipped for a third consecutive week, logging a three-month low, official data showed on Thursday. Inventories for residual fuels STKRS-SIN fell to 22.80 million barrels (about 3.59 million metric tons) in the week to September 2...Reuters
Thu, Sep 25
Taiwan looks for missing after Super Typhoon Ragasa, questions persist on evacuations
Fourteen dead after flood caused by typhoonMany residents too elderly to escape flood in timeGovernment studies ways to tackle barrier lake that caused floodMain highway cut after flood sweeps away bridgeBy Yimou Lee, Fabian Hamacher and Ann WangHUALIEN, Taiwan, Sept 25 (Reuters) - Taiwan searched o...Reuters
Thu, Sep 25
Trump’s Low-Oil-Promise Splits U.S. Energy Sector: Shale Break-Even at $60, Survival Line at $40
TradingKey - The Trump administration’s pledge to boost U.S. crude output and lower oil prices is drawing fierce backlash from American shale producers. WTI crude has fallen 18% from its January peak and is now approaching the industry’s widely recognized break-even level of $60 per barrel, with
TradingKey
Thu, Sep 25
METALS-Shanghai copper hits six-month high after Freeport's Indonesia force majeure
SHANGHAI, Sept 25 (Reuters) - Shanghai copper touched a six-month high on Thursday after Freeport-McMoran FCX.N declared force majeure at its Indonesia Grasberg mine, with traders pricing in further tightness of raw material supply.A phased restart may occur in the first half of 2026, and the 2026 o...Reuters
Thu, Sep 25
China says US should remove tariffs to promote two-way trade
BEIJING, Sept 25 (Reuters) - The United States should take steps to remove "unreasonable" tariffs on China and create conditions to expand two-way trade, a Chinese commerce ministry spokesperson said on Thursday, when asked if China was set to purchase U.S. soybeans.Reuters
Thu, Sep 25
