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Gold: Strong demand and rising prices – Rabobank
Rabobank analysts discusses the current state of Gold and Silver, noting that Gold is now trading well above $5000/oz and Silver above $100/oz. The report highlights a shift from financial assets to material assets, with a growing narrative of 'sell America' and de-Dollarisation.
Fxstreet
Mon, Jan 26
TECHNICALS-CBOT soybeans may rise into $10.78-1/2 to $10.80-1/2 range
For more technical analyses, please click SINGAPORE, Jan 26 (Reuters) - The CBOT soybean March contract SH26 may break resistance at $10.75 per bushel and rise into the $10.78-1/2 to $10.80-1/2 range.A rising channel suggests a target around $10.80-1/2. A projection analysis on the uptrend from $10....Reuters
Mon, Jan 26
Kazakhstan urges ExxonMobil to speed up work to fix Tengiz outage
ALMATY, Jan 26 (Reuters) - Kazakhstan Prime Minister Olzhas Bektenov met with ExxonMobil XOM.N Vice President Peter Larden and urged the U.S. energy firm to speed up work to deal with an outage at the Tengiz oilfield and prevent similar incidents, the government said on Monday.The central Asian coun...Reuters
Mon, Jan 26
RPT-ROI-Nickel market plays the Indonesia's numbers game: Andy Home
By Andy Home LONDON, Jan 23 (Reuters) - Nickel prices have been on an explosive rally as the market bets that Indonesia, the world's largest producer of the battery metal, will hit the brakes on its runaway output growth. London Metal Exchange (LME) three-month metal CMNI3 has motored higher ...Reuters
Mon, Jan 26
Drone debris spark fire at two enterprises in Russia's Krasnodar region, authorities say
MOSCOW, Jan 26 (Reuters) - Two enterprises caught fire and one person was injured in the city of Slavyansk-on-Kuban in Russia's Krasnodar region after drone fragments fell on them, the regional emergencies centre said on Monday. The centre did not specify what enterprises were affected. The cit...Reuters
Mon, Jan 26
TECHNICALS-US oil may retest support at $60.62
For more technical analyses, click SINGAPORE, Jan 26 (Reuters) - U.S. oil CLc1 may retest support at $60.62 per barrel, a break below which could open the way towards the $59.89 to $60.17 range.The contract failed to break resistance at $61.29. The failure was partially due to this barrier, but main...Reuters
Mon, Jan 26
Few refineries report problems as deep cold seizes US Gulf Coast
By Erwin SebaHOUSTON, Jan 25 (Reuters) - Few refineries on Sunday reported problems on the first day severe cold descended across the U.S. Gulf Coast, home to about half of the country's crude oil refining capacity. Exxon Mobil XOM.N said it was shutting units at its Baytown, Texas, petrochemica...Reuters
Mon, Jan 26
Winter storm grips much of US in snow, ice, Arctic cold
One-million-plus customers lose power across 8 Southern statesFederal emergency declarations approved in at least 12 statesMore than 10,000 U.S. airline flight cancellations reportedSub-zero cold extends from Plains to New EnglandBy Steve Gorman and Blake BrittainWASHINGTON, Jan 25 (Reuters) - A pow...Reuters
Mon, Jan 26
South Korea's S-Oil posts Q4 profit surge, says Q1 refining margins to stay robust
S-Oil's refining margins boosted by supply disruptionsAnalysts expect EU sanctions, Ukraine attacks to sustain marginsS-Oil's $7 bln Shaheen petchem project targets 2026 completionBy Seoyun Kang and Joyce LeeSEOUL, Jan 26 (Reuters) - South Korea's S-Oil 010950.KS said on Monday it had lo...Reuters
Mon, Jan 26
Oil holds onto gains as Iran keeps investors on edge
By Florence Tan SINGAPORE, Jan 26 (Reuters) - Oil prices extended gains on Monday after climbing more than 2% in the previous session, as tensions between the U.S. and Iran kept investors on edge even after Kazakhstan's main export pipeline resumed full operations.Brent crude futures LCOc1 ro...Reuters
Mon, Jan 26
Gold Price Forecast: XAU/USD soars to record high near $5,050 amid geopolitical tensions
Gold price (XAU/USD) rises to a fresh record high near $5,045 during the early Asian session on Monday. The precious metal extends its upside amid geopolitical risks and concerns over the US Federal Reserve (Fed).Fxstreet
Mon, Jan 26
Oilfield service company Baker Hughes posts 11% rise in adjusted quarterly profit
HOUSTON, Jan 25 (Reuters) - Baker Hughes BKR.O on Sunday reported an 11% rise in adjusted profit for the fourth quarter as demand for its gas technology equipment and services more than offset weakness in its oilfield services and equipment business. The company has banked on demand for equipment an...Reuters
Sun, Jan 25
Oilfield service company Baker Hughes posts 11% rise in adjusted quarterly profit
HOUSTON, Jan 25 (Reuters) - Baker Hughes BKR.O on Sunday reported an 11% rise in adjusted profit for the fourth quarter as demand for its gas technology equipment and services more than offset weakness in its oilfield services and equipment. Adjusted net income attributable to Baker Hughes was $772...Reuters
Sun, Jan 25
Power plant outages surge in Eastern US amid restricted gas supplies and frigid weather
New England leans heavily on oil-fired power plantsPJM generation outages surgeSpot electricity prices rise to several hundred dollars per MWHBy Tim McLaughlin and Arathy SomasekharBOSTON/HOUSTON, Jan 25 (Reuters) - Power plant outages surged along the eastern United States on Sunday as constricted ...Reuters
Sun, Jan 25
Duke Energy Says Co. Reports Over 18,000 Outages In Carolinas, With More Expected As Ice Threatens Trees And Power Lines
Jan 25 (Reuters) - Duke Energy Corp DUK.N:DUKE ENERGY REPORTS OVER 18,000 OUTAGES IN CAROLINAS, WITH MORE EXPECTED AS ICE THREATENS TREES AND POWER LINESDUKE ENERGY CORP: DUKE ENERGY HAS RESTORED POWER TO 24,864 CAROLINAS CUSTOMERS AS OF 4 P.M. ON SUNDAY, JAN. 25.DUKE ENERGY CORP: EXPECTS NUMBER OF ...Reuters
Sun, Jan 25
Russian strike on Ukraine's Kyiv leaves 1,330 buildings still without heat, mayor says
KYIV, Jan 25 (Reuters) - More than 1,300 apartment buildings in the Ukrainian capital Kyiv were still without heating following a Russian missile and drone attack earlier this week, Kyiv Mayor Vitalii Klitschko said on Sunday.Russia has sharply intensified bombardments of Ukraine's energy system...Reuters
Sun, Jan 25
Power prices surge as winter storm spikes demand in US data center alley
By Tim McLaughlinBOSTON, Jan 25 (Reuters) - Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world's largest concentration of energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity ...Reuters
Sun, Jan 25
