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US issues sanctions on networks, vessels for dealing in Iran oil
WASHINGTON, Aug 21 (Reuters) - The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the United Arab Emirates and the Marshall Islands, as well as eight vessels, the U.S. Treasury Department said.The measures cover Greek national An...Reuters
Fri, Aug 22
EXCLUSIVE-Private Chinese firm producing oil in Venezuela under rare 20-year pact, source says
China's CCRC to invest over $1 billion in 2 oilfields, exec saysAims to produce 60,000 bpd of oil by end-2026, exec saysBy Chen Aizhu and Marianna Parraga SINGAPORE/HOUSTON, Aug 22 (Reuters) - China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more ...Reuters
Fri, Aug 22
TABLE-North Sea gas maintenance schedule: Adds Troll outage
Aug 22 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Fri, Aug 22
PRESS DIGEST- New York Times business news - August 22
Aug 22 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- A U.S federal judge on Thursday ordered that no more immigrant detainees be sent to a center in the Florida Everglades, and that m...Reuters
Fri, Aug 22
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $63.52 per barrel, up from Thursday’s close at $63.40.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $67.13 price posted on Thursday, and trading at $67.23.
Fxstreet
Fri, Aug 22
CORRECTED-Philippines, Australia, Canada hold joint sail in South China Sea
MANILA, Aug 19 (Reuters) - The navies of the Philippines, Australia and Canada were conducting a joint sail in the South China Sea on Tuesday, an area of flaring tensions following a collision between two Chinese vessels last week.The Philippine frigate BRP Jose Rizal, Australian destroyer HMAS Bris...Reuters
Fri, Aug 22
WTI holds steady near $63.50 as optimism over Russia-Ukraine peace fades
West Texas Intermediate (WTI) Oil price holds ground after two days of gains, trading around $63.40 during the Asian hours on Friday. Crude Oil prices were largely unchanged, with waning hopes for an immediate Russia-Ukraine peace deal underpinning the risk premium demanded by Oil sellers.Fxstreet
Fri, Aug 22
TECHNICALS-CBOT soybeans may test resistance zone of $10.61-1/4 to $10.66-1/4
For more technical analyses, please click SINGAPORE, Aug 22 (Reuters) - The CBOT soybean November contract SX25 may test resistance zone of $10.61-1/4 to $10.66-1/4 per bushel, a break above which could lead to a gain to $10.74-1/4.The uptrend from $9.94 has extended above its 161.8% projection leve...Reuters
Fri, Aug 22
Iran, European powers to discuss nuclear talks and sanctions, IRNA reports
DUBAI, Aug 22 (Reuters) - Iran's Foreign Minister Abbas Araqchi will have a joint phone call with French, British and German counterparts on Friday to discuss nuclear talks and sanctions, state news agency IRNA reported.The three European powers have threatened to activate United Nations sanctio...Reuters
Fri, Aug 22
PRESS DIGEST- Financial Times - August 22
Aug 22 (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- UK summons Israeli ambassador over approval of settlement project- Tube union calls strike for early September- UK will take over key p...Reuters
Fri, Aug 22
GRAINS-Soybeans slip on strong US crop tour pod counts; weekly gains intact
BEIJING, Aug 22 (Reuters) - Chicago soybean futures slipped on Friday, snapping a two-day gain, as strong pod counts from the Pro Farmer crop tour weighed on the market, although prices remained on track for a second straight weekly rise. The most active soybean contract on the Chicago Board of Trad...Reuters
Fri, Aug 22
GRAINS-Soybeans edge lower after two-day rise, weekly gains intact
BEIJING, Aug 22 (Reuters) - Chicago soybean futures edged lower on Friday, snapping a two-day gain, as strong pod counts from the Pro Farmer crop tour weighed on the market. Prices were still on track for a second straight weekly rise. Wheat and corn futures were also set for weekly gains. FUN...Reuters
Fri, Aug 22
PRESS DIGEST-British Business - Aug 22
Aug 22 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- The American government has rejected claims by two whistleblowers that it failed to properly investigate allegatio...Reuters
Fri, Aug 22
Oil prices set to snap two-week losing streak as peace in Ukraine remains elusive
Aug 22 (Reuters) - Oil prices were little changed on Friday but were on track to snap a two-week losing streak as hope for immediate peace between Russia and Ukraine dimmed, increasing the risk premium demanded by oil sellers.Reuters
Fri, Aug 22
WTI extends the rally to near $63.50 amid signs of stronger energy demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.40 during the early Asian trading hours on Friday. The WTI rises to near a two-week high amid signs of strong US demand and uncertainty over efforts to end the war in Ukraine.Fxstreet
Fri, Aug 22
US farm agency plan to close flagship research site threatens critical research, critics warn
Closure could push scientists to resign, critics warnBARC research includes pests, blight, crop geneticsUSDA lacks data supporting reorganization plan, lawmakers sayBy Leah Douglas WASHINGTON, Aug 21 (Reuters) - The U.S. Department of Agriculture's plan to close its flagship laboratory near W...Reuters
Fri, Aug 22
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Aug 22 (Reuters) - Contract Target Support/Resistance Brent oil $68.05/$68.58sup $67.20/$66.52Palm oil (3rd month)-res 4,542/4,563/4,596 ringgitsup 4,509/4,475/4,455 ringgitWTI* $64.10/$64.74sup $62.66/$62.12Spot gold$3,328/$3,317res $3,346/$...Reuters
Fri, Aug 22
